Meanwhile, Pivotal Research initiated coverage of Google-parent Alphabet with a buy rating and a price target that implied upside of nearly 30%.
The investment firm upgraded the cleaning products maker to a buy rating from hold.
Analyst Kaumil Gajrawala accompanied the move by raising his price target to $187 from $174.
Simultaneously, the analyst set a new target price of $200, which is approximately 26% above Monday's close.
Analyst Asiya Merchant maintained her price target of $37, which implies that shares of HP could rise 3%.
Persons:
Goldman Sachs, Kaumil Gajrawala, Gajrawala, Clorox, Lisa Kailai Han, Jeffrey Wlodarczak, Wlodarczak, Zuckerberg, Raymond James, Adam Tindle, Tindle, Atlassian, Asiya Merchant, Merchant, Mark Delaney, Ford, Delaney, they've, GOOG, Kamala Harris, — Fred Imbert
Organizations:
CNBC, Ford Motor, Google, Jefferies, Meta, Citi, HP, HP Inc, Ford, EV, Ford Pro
Locations:
Monday's, China, Japan, EBIT