This week, Alphabet, Meta, Microsoft, Apple, and Amazon will post earnings, with the Federal Reserve expected to cut interest rates. Analysts are optimistic about stock upgrades. Honeywell (HON) was upgraded by RBC to outperform, with better-than-expected quarterly numbers and a price target of $253.
JPMorgan reiterated an outperform rating on Alphabet (GOOG) with a $300 price target, citing strong performance and AI innovation. They also maintained an overweight rating on Apple (AAPL) with a $290 price target, bullish on iPhone sales. Guggenheim upgraded Microsoft (MSFT) to a buy with a $586 price target, highlighting AI capabilities.
Truist upgraded Booking Holdings (BKNG) to a buy, citing Asia’s travel outlook and attractive valuation. Morgan Stanley reiterated an overweight rating on Tesla (TSLA), pointing to advancements in artificial intelligence and autonomous driving. Exciting developments are expected in the tech sector with upcoming earnings reports and stock upgrades.
Read more at Yahoo Finance: Wall Street is Pounding the Table Over HON, GOOG, AAPL, MSFT, BKNG, and TSLA
