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Analysts Had a Smattering of Upgrades as the Market Looks for Good News

August 3, 2023
in Trade Tube
Reading Time: 1 min read
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Whole Foods (WFM), Exxon Mobil (XOM) and Netflix (NFLX) each getting a lift after a smattering of upgrades in Wednesday’s Analysts’ Actions. Sterne Agee analysts upgraded Whole Foods from NEUTRAL to BUY and slapped the stock with a $60 price target. Exxon Mobil got mixed signals from Wells Fargo, who stepped back from EPS projections while simultaneously lifting their rating on the stock and calling for a higher valuation. And starting off the morning with a double-digit boost on solid earnings was good for Netflix, but now analysts are calling for shares to move higher.

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