Summary: Wall Street analysts' top calls include upgrades for Shopify and DoorDash, and downgrades for Southern Co. Analysis: Negative

From Investing.com: 2024-09-22 03:02:30

Investing.com shared the top insights from Wall Street analysts for the week, with exclusive AI analyst comments for InvestingPro subscribers. Southern Co was downgraded by Mizuho to Neutral with a $90 price target, citing limited catalysts despite a 21% P/E premium. Redburn-Atlantic upgraded Shopify to Buy, projecting 29% revenue CAGR by 2026. Wolfe Research downgraded ResMed to Underperform, citing disruption risks. BTIG upgraded DoorDash to Buy, expecting positive EBIT and net income. B. Riley initiated coverage on Reddit at Buy with a $75 price target, seeing potential for significant leverage.



Read more at Investing.com: Street calls of the week By Investing.com