Analysts Stocks

      Daily Update - Jan 12, 2023

      Selected highlights of the day

      By: Matthew Otto

       Axalta Coating Systems

      • Christopher Parkinson of Mizuho maintaining his ‘Buy’ rating and a $30 price target.
      • Aleksey Yefremov at  KeyBanc maintained an Overweight rating and a $30 price target.

      CROX

      • UBS analyst Jay Sole raised his price target from $107 to $124 While maintaining a Neutral rating
      • Piper Sandler analyst Abbie Zvejnieks raised his price target for Crocs, from $118 to $145 while maintaining a Neutral rating
      • Yesterday, Baird’s Jonathan Komp reiterated an Outperform rating with upgrading his price target from $150 to $155.

       

      Analysts have revised their opinion on DuPont’s prospects

      • Christopher Parkinson from Mizuho kept his Buy rating but increased the price target from $82 to $83.
      • Aleksey Yefremov of Keybanc downgraded his rating from Overweight to Sector Weight.

       

      DOW

      • Mizuho analyst Christopher Parkinson reduced his price target from $47 to $46 while maintaining a Neutral rating.
      • Keybanc’s Aleksey Yefremov upped his price target from $39 to $51 while Maintaining an Underweight rating.
      • UBS’ Joshua Spector maintained a neutral rating and raised his price target from $47 to $57
      • BofA Securities Steve Byrne upgraded his rating from Underperform to Neutral and raised his price target from $48 to $59.

       

      Entegris

      • Mizuho’s Christopher Parkinson moved his price target from $112 to $105 while maintaining a Buy rating.
      • Keybanc analyst Aleksey Yefremov adjusted his stock predictions down to $93 from $95 while keeping Overweight rating.

      FMC

      • Yesterday, UBS analyst Joshua Spector  raised his price target from $142 to $147 while maintaining a Buy rating.
      • Today,  Mizuho analyst Christopher Parkinson increasing his price target from $145 to $146 while retaining aBuy recommendation.
      •  Keybanc analyst Aleksey Yefremov upped his target price from$139 to $140 with an Overweight rating. Yefremov  had success with his stock forecasts keeping them above the stock price in the last two years while the stock dipped twice and eventually rose to a higher level of $127.

       

      LyondellBasell Industries

      Had a bit of market excitement yesterday, as one analyst started the day by raising his price targets for the stock.

      • Mizuho’s Christopher Parkinson increased his target from $88 to $89 while maintaining a Neutral rating.
      • Parkinson’s trimmed his stock forecast from $108 to $84.
      • Keybanc analyst Aleksey Yefremov upped his target price from $65 to $83 while keeping a neutral rating.
      • UBS Joshua Spector held steady with a Neutral raing and a price target of $91.

      PI

      mpinj announced that its fourth-quarter 2022 revenue was expected to exceed $76 million – significantly higher than their previously projected estimates at 71.5-73 $million range.

      • Jefferies analyst Mark Lipacis upped his price target from $112 to $137 while maintaining a Buy rating.
      • Needham analyst James Ricchiuti raised his from  $120 to $130 with a Buy recommendation.

       

      PPG

      • Christopher Parkinson from Mizuho reduced his target price to $142 and stayed with a ‘Buy’ rating..
      • Aleksey Yefremov from Keybanc raised his stock forecast to $144 and kept a ‘Buy’ rating.

       

      SentinelOne

      Has been chosen by CISA’s Joint CyberDefense Collaborative to build up international and U.S. cybersecurity capabilities.

      Wall Street looked for something else:

      • Morgan Stanley analyst Hamza Fodderwala moved his price target from $30 down to $16 while also reducing his rating from overweight to an equal-weight.
      • Bank of America Securities’ Tal Liani reduced his price target from 28$ to 16$.