A major U.S. bank and a legacy tech name were the focus of some of Tuesday's biggest analyst calls.
The firm upgraded the apparel stock to overweight from neutral, and raised its price target to $31 per share from $26.
The firm resumed coverage of the legacy tech company with an overweight rating and a $58 per share price target.
He reiterated his $64 price target on the stock, implying upside of 10.7%.
Additionally, he sees "greater risk to the achievement of our price target as the Fed rate cutting cycle begin."
Persons:
Morgan Stanley, Matthew Boss, — Brian Evans, Goldman Sachs, Molson Coors Goldman Sachs, Molson, Molson Coors, Bonnie Herzog, Bud Light, Brian Evans, Goldman, Mark Delaney, Cisco, Morgan Stanley's, David Rochester, Fred Imbert
Organizations:
CNBC, Cisco Systems, JPMorgan, Eagle Outfitters JPMorgan, American Eagle Outfitters, Eagle Outfitters, Molson Coors, Molson, TAP, Tesla, Cisco, Wells
Locations:
U.S, Wells, Americas, EVs, Wells Fargo, 2H24, Rochester