Initiation Archives - Page 2 of 272

2 minute read

Shopify Has Competitive Moat That Warrants Premium Valuation: JP Morgan Analyst

June 11, 11:44 AM

JP Morgan analyst initiated coverage on Shopify Inc with Overweight rating, $74 price target. Shopify has strong competitive advantages and growth potential in e-commerce market.

AAPL

2 minute read

What’s Going On With Shopify Stock Tuesday?

By Adam Eckert

June 11, 9:15 AM

JPMorgan analyst Reginald Smith initiated coverage on Shopify with an Overweight rating and announced a price target of $74 as the analyst anticipates continued industry-leading growth from the e-commerce company. Given the recent decline in shares, Smith sees a buying opportunity in Shopify stock.

SHOP

2 minute read

Goldman Sachs Optimistic About Regenxbio’s Gene Therapy Pipeline, Sees Over 160% Upside

By Vandana Singh

June 7, 2:30 PM

Goldman Sachs initiates coverage on RGNX, citing potential of gene therapy platform.

ABBV

1 minute read

IFF’s Focus On Health And Environment Set To Drive Stock Momentum, Says Analyst

By Lekha Gupta

June 7, 12:37 PM

Oppenheimer initiates coverage on IFF at Outperform rating with $116 price target. Analyst sees potential for shareholder base shift and ongoing growth. Estimated EPS of $3.94 in FY24, $4.28 in FY25, and $4.61 in FY26. Investors can gain exposure through MVAL and IVEG.

IFF

1 minute read

Proto Labs Positioned For Growth: Analyst Predicts Strong Gains Amid Digital Manufacturing Surge

By Lekha Gupta

June 5, 3:24 PM

Analyst initiates coverage on Proto Labs with Overweight rating and $44.00 price target. Company well-positioned in growing digital manufacturing market.

BULD

2 minute read

EVgo’s Focus On High-Traffic Locations Positions It As An Attractive Charging Operator, Says analyst

By Shivani Kumaresan

June 5, 2:56 PM

Benchmark analyst Michael Legg has initiated coverage on EVgo with a Buy rating and a $3 price target. EVgo operates 3,240 stalls across 35 states, with plans to add 800 stalls annually. The analyst expects significant financial growth through 2025, with EVgo achieving positive EBITDA by year-end.

EVGO

2 minute read

Old Dominion Freight Line Set For Strong Growth Amid Favorable LTL Trends, Says Analyst

By Lekha Gupta

June 5, 2:50 PM

ODFL stock initiated with Outperform rating and $210 price target. Analyst expects continued growth due to favorable industry conditions, corporate culture, and execution.

IYT

1 minute read

This Old Dominion Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Wednesday

By Avi Kapoor

June 5, 9:02 AM

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst…

JAZZ

1 minute read

Superior Group Of Companies Set For Growth In $4B Healthcare Apparel Market: Analyst

By Priya Nigam

June 4, 12:27 PM

Superior Group of Companies (NASDAQ: SGC) climbs on positive outlook from analyst Keegan Cox, citing growth potential in healthcare apparel and branded products.

SGC