Shopify and Kraft Heinz receive upgrades: Top Wall Street analyst recommendations

Reported 5 months ago

Wall Street's top analyst has upgraded Shopify to Buy, citing the company's strong position in e-commerce software and projected revenue growth, while also upgrading Kraft Heinz to Overweight due to new innovations driving potential revenue gains. Other upgrades include Stryker, Tandem Diabetes, and Edwards Lifesciences. On the downside, Middleby, Hims & Hers, Generac, Box, and Digi International were downgraded. Initiations include FBN Securities initiating coverage of JFrog, UBS starting coverage of Couchbase and DigitalOcean, Citi reinstating coverage of Aon plc, and UBS initiating coverage of Elastic.

Source: YAHOO

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