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This Shopify Analyst Turns Bullish; Here Are Top 5 Upgrades For Friday

Benzinga ·  Dec 6, 2024 04:40

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

  • Loop Capital analyst Anthony Chukumba upgraded the rating for Shopify Inc. (NYSE:SHOP) from Hold to Buy and announced a $140 price target. Shopify shares closed at $114.09 on Thursday. See how other analysts view this stock.
  • Raymond James analyst Daniel Tamayo upgraded WesBanco, Inc. (NASDAQ:WSBC) from Outperform to Strong Buy and raised the price target from $35 to $44. Wesbanco shares closed at $35.52 on Thursday. See how other analysts view this stock.
  • Jefferies analyst Stephen Volkmann upgraded The Timken Company (NYSE:TKR) from Hold to Buy and raised the price target from $80 to $95. Timken shares closed at $76.11 on Thursday. See how other analysts view this stock.
  • JP Morgan analyst Arun Jayaram upgraded the rating for Transocean Ltd. (NYSE:RIG) from Underweight to Neutral and announced a $5 price target. Transocean shares closed at $4.17 on Thursday. See how other analysts view this stock.
  • Jefferies analyst Stephen Volkmann upgraded the rating for SiteOne Landscape Supply, Inc. (NYSE:SITE) from Hold to Buy and boosted the price target from $145 to $175. SiteOne Landscape Supply shares closed at $144.86 on Thursday. See how other analysts view this stock.

Considering buying SHOP stock? Here's what analysts think:

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