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    3 Stocks Analysts Love - 11/15

    Dylan Jovine
    Friday, November 15, 20243 min read
    3 Stocks Analysts Love - 11/15

    Always pay close attention to new stock price targets from Wall Street firms.

    While they won’t always get it right, price upgrades are still worth paying attention to. 

    Perhaps they’re seeing favorable industry trends that are impacting a covered stock. Maybe the financial health of a stock based on earnings or guidance is improving. Or, perhaps, they liked what they heard in a meeting with management. Whatever the case, it’s a good idea to look into the reasoning for a price upgrade.

    However, never use new stock price targets as your sole reason for buying. 

    For one, there’s no such thing as a perfect analyst. Two, do your due diligence with technical and fundamental analysis. After all, the last thing you want to do is buy into a stock that’s become excessively overbought. Third, look at how other firms rate the same stock. If one firm is bullish on a stock, but four others rate is as a sell, look into why.

    Analysts at Piper Sandler just upgraded CPB to overweight with a $56 price target.

    Mode’s Pre-IPO offering1 is live at $0.25/share — 20,000+ shareholders already participated in its previous sold-out offering. There’s still time to get in on Mode’s pre-IPO raise and even lock in 100% bonus shares… but only until their current raise closes for good.

    Claim this exclusive bonus while you can!

    Company:“We see NVDA best positioned in AI, benefiting from full-stack AI hardware/software. Reiterate Outperform and raise price target to $175 from $150.”

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    Company: “ArcelorMittal is a leader in all major global steel markets, including automotive, construction, household appliances and packaging. Its industrial presence in Europe, Asia, Africa and America gives it exposure to all the key steel markets, from emerging to mature.”

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    Written by Dylan Jovine

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