Meanwhile, Jefferies began coverage of Reddit with a buy rating and a price target of $90.
Champine said the Federal Reserve lowering interest rates was a driving force for the price target changes.
Analyst William Kerr initiated coverage of the pet ecommerce retailer with a buy rating and $38 price target.
RBLX YTD mountain RBLX in 2024 — Alex Harring 5:50 a.m.: Citi says UPS is a buy Buy the dip on UPS shares, according to Citi.
Analyst Ariel Rosa initiated the delivery giant with a buy rating and a price target of $162.
Persons:
Jefferies, Laura Champine, Champine, Helene, Milton, Lowe's, — Alex Harring, Piper Sandler downgrades Blackstone Piper Sandler, Crispin Love, Love, Blackstone, Morgan Stanley, Sanjit Singh, Singh, Alex Harring, TD Cowen, William Kerr, Kerr, Benjamin Soff, Soff, Ken Gawrelski, Gawrelski, Roblox, Ariel Rosa, Rosa, — Fred Imbert, John Colantuoni, Colantuoni, EBITDA
Organizations:
CNBC, Wednesday, Citi, UPS, Capital, Federal Reserve, Blackstone, Industry, Deutsche Bank, New York Times, Amazon Logistics, Walmart
Locations:
Wells, China, Tuesday's