Notable Analyst Rating Changes 05/08: (SCTY) (YELP) (FOSL) Upgraded; (MRK) (AGN) (PENN) Downgraded - InvestingChannel

January 8, 2025

Notable Analyst Rating Changes 05/08: (SCTY) (YELP) (FOSL) Upgraded; (MRK) (AGN) (PENN) Downgraded

by Street Insider0101

UPGRADES
SolarCity (Nasdaq: SCTY) upgraded by two today:

  • JPMorgan from Neutral to Overweight with a price target of $72; and

  • Roth Capital from Neutral to Buy with a $65 price target. Click Here for more color.Morgan Stanley upgrades Yelp (NYSE: YELP) from Equalweight to Overweight.

    Citi raises Fossil (Nasdaq: FOSL) from Neutral to Buy.

    Gabelli moves Cree (Nasdaq CREE) from Hold to Buy.

    For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades

    DOWNGRADES
    BMO Capital downgrades Merck (NYSE: MRK) from Outperform to Market Perform while moving its price target from $63 down to $60.

    UBS cuts Allergen (NYSE: AGN) from Buy

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