Wall Street analysts issued several notable rating updates Monday, with Coinbase Global and IonQ attracting bullish coverage while Nike, Costco, and Coca-Cola saw price target reductions.<\/p>\n\n\n\n
Keefe, Bruyette & Woods analyst Stephen Glagola reinstated coverage of Coinbase Global (COIN) with an Outperform rating and a $237 price target, signaling a constructive outlook for the cryptocurrency exchange.<\/p>\n\n\n\n
Meanwhile, BofA Securities analyst Vivek Arya initiated coverage of quantum computing company IonQ (IONQ) with a Buy rating and a $60 price target.<\/p>\n\n\n\n
In the technology sector, Morgan Stanley analyst Yang Liu reiterated an Overweight rating on Chinese gaming giant NetEase (NTES), maintaining a $163 price target. Deutsche Bank analyst Edison Yu also reiterated a Buy rating on SpaceX (NASDAQ: SPCX), keeping his $235 target unchanged.<\/p>\n\n\n\n
Consumer-focused companies experienced several downward revisions. JPMorgan analyst Andrea Teixeira maintained an Overweight rating on Coca-Cola (KO) but trimmed the price target to $95 from $96.<\/p>\n\n\n\n
Deutsche Bank analyst Krisztina Katai maintained a Buy rating on Costco Wholesale (COST), reducing the price target to $1,079 from $1,091.<\/p>\n\n\n\n
Katai also maintained a Hold rating on Nike (NKE), cutting the price target sharply to $37 from $45.<\/p>\n\n\n\n
The latest analyst actions reflect differing expectations across sectors, with fresh bullish coverage in cryptocurrency and quantum computing contrasting with reduced targets for several established consumer brands.<\/p>\n","protected":false},"excerpt":{"rendered":"
Analysts issue fresh ratings and price targets across technology, consumer, and cryptocurrency stocks, highlighting diverging expectations for major companies Wall Street analysts issued several notable rating updates Monday, with Coinbase Global and IonQ attracting bullish coverage while Nike, Costco, and Coca-Cola saw price target reductions. Keefe, Bruyette & Woods analyst Stephen Glagola reinstated coverage of […]<\/p>\n","protected":false},"author":2,"featured_media":1444,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"jnews_post_split":[]},"categories":[361],"tags":[465,783,647,693,364,538,1048],"coauthors":[454],"_links":{"self":[{"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/posts\/11242"}],"collection":[{"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/comments?post=11242"}],"version-history":[{"count":1,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/posts\/11242\/revisions"}],"predecessor-version":[{"id":11243,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/posts\/11242\/revisions\/11243"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/media\/1444"}],"wp:attachment":[{"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/media?parent=11242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/categories?post=11242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/tags?post=11242"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/coauthors?post=11242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}