Some notable upgrades and downgrades
Benchmark has initiated coverage of MicroStrategy (MSTR) with a Buy recommendation and a $990 price target.
JPMorgan has downgraded Domino’s Pizza (DPZ) from Overweight to Neutral but increased the price target from $420.00 to $430.00, noting the impressive 59% return on Domino’s shares since June 1.
Rosenblatt analysts have raised their price target for Arm Holdings (ARM) from $140.00 to $180.00, maintaining a Buy recommendation.
Evercore ISI analysts have lowered their price target for Walmart (WMT) to $65.00, following the company’s 3-for-1 stock split, but continue to endorse an Outperform rating for the stock.