Upgrades for Pepsi, Riot Platforms By Investing.com
From Investing.com:
Last week, Wall Street analysts upgraded PepsiCo, Riot Platforms, and Kingsoft Cloud, but downgraded Nuscale Power. PepsiCo’s stock surged after Morgan Stanley raised it to Overweight with a $190 price target. On the other hand, Well Fargo cut Nuscale Power to Underweight with a $4.50 price target, citing multiple concerns about the company’s financial stability. Similarly, JPMorgan upgraded Riot Platforms to Overweight, emphasizing its potential for growth in bitcoin mining. Meanwhile, Citi upgraded Kingsoft Cloud to Buy, expecting significant revenue growth from AI-related initiatives.
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