US Top Rating Updates on 6/9: TCOM, ADBE, LILM, PATH and More
$Adobe(ADBE.US$ was upgraded by Well Fargo from equal-weight to buy, increased target price from $420.00 to $525.00.
$Trip.com(TCOM.US$ was upgraded by Morgan Stanley from equal-weight to overweight, increased target price from $41.00 to $45.00.
$Qualys(QLYS.US$ was downgraded by Piper Sandler from neutral to underweight, decreased target price from $120.00 to $109.00.
$UiPath(PATH.US$ was downgraded by Wells Fargo from overweight to equal-weight, announced target price at $20.00.
Source: Dow Jones
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nguyen thi kim huong :
Steven J : $Adobe (ADBE.US)$ was ignore during the Ai rally with $NVIDIA (NVDA.US)$ and other tech stocks. Analysts covered it and upgraded the stock after reviewing their Ai pipeline tools. This is the same thing for $Shutterstock (SSTK.US)$ and $Wix.com (WIX.US)$ completely ignore while these companies have been buying back their stock this week. They will rally too once analysts start covering them, you wait and see. Cheers either way because I bought Adobe when it was ignore at 324.