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This Sensata Technologies Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Wednesday

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Wall Street analysts have updated their ratings on several stocks. Baird's Daniel Moore initiated coverage on Materion Corporation (MTRN) with an Outperform rating and a price target of $18. Barclays' Michael Lonegan rated Algonquin Power (AQN) Overweight with a target of $7. UBS's Joshua Spector rated Sensata Technologies (SXT) Buy with a target of $115. Barclays' Matt Miksic rated Minimed Group (MMED) Overweight with a target of $26, and Eddie Kim rated Tidewater (TDW) Equal-Weight with a target of $80.

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

  • Baird analyst Daniel Moore initiated coverage on Materion Corporation (NYSE:MTRN) with an Outperform rating and announced a price target of $18. Materion shares closed at $144.65 on Tuesday. See how other analysts view this stock.
  • Barclays analyst Michael Lonegan initiated coverage on Algonquin Power & Utilities Corp. (NYSE:AQN) with an Overweight rating and announced a price target of $7. Algonquin Power shares closed at $6.14 on Tuesday. See how other analysts view this stock.
  • UBS analyst Joshua Spector initiated coverage on Sensata Technologies Holding plc (NYSE:SXT) with a Buy rating and announced a price target of $115. Sensient Technologies shares closed at $35.22 on Tuesday. See how other analysts view this stock.
  • Barclays analyst Matt Miksic initiated coverage on Minimed Group, Inc. (NASDAQ:MMED) with an Overweight rating and announced a price target of $26. Minimed shares closed at $14.92 on Tuesday. See how other analysts view this stock.
  • Barclays analyst Eddie Kim initiated coverage on Tidewater Inc. (NYSE:TDW) with an Equal-Weight rating and announced a price target of $80. Tidewater shares closed at $83.55 on Tuesday. See how other analysts view this stock.

Considering buying SXT stock? Here’s what analysts think:

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