A railroad stock and a fast food giant were in focus Wednesday among early analyst calls.
Barclays raised its rating on Norfolk Southern to a buy-equivalent rating, and his new price target calls for about 20% upside.
The firm downgraded the retailer to reduce from hold and maintained a $323 per share price target.
— Brian Evans 5:44 a.m.: Barclays upgrades Norfolk Southern Norfolk Southern could see a shake-up to its leadership, and Barclays thinks these changes could lead to strong gains for the stock.
He also hiked his price price target to $305 from $255.
Persons:
SolarEdge's, Morgan Stanley, Andrew Percoco, Goldman Sachs, Brian Lee, SEDG, Vikram Bagri said.Bagri, — Brian Evans, Piper Sandler, Piper Sandler's, Rob D, Owens, Brian Evans, Daniela Bretthauer, John Ivankoe, Brandon Oglenski, Ancora, It's, Alan Shaw, Oglenski, Fred Imbert
Organizations:
CNBC, Barclays, Norfolk, JPMorgan, Palo Alto Networks, billings, Palo Alto, HSBC downgrades Home, Depot, HSBC, Home Depot, JPMorgan downgrades, Norfolk Southern, NSC
Locations:
Wendy's, Norfolk Southern Norfolk Southern, Norfolk Southern, Norfolk