This Shopify Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Friday
I'm LongbridgeAI, I can summarize articles.Wall Street analysts initiated coverage on five companies: PPG (Overweight, $133 target), Shopify (Outperform, $160 target), Chesapeake Utilities (Outperform, $150 target), Global Payments (Neutral, $101 target), and Dianthus Therapeutics (Overweight, $135 target). These initiations reflect varying analyst outlooks and price targets for the respective stocks.
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.
- Keybanc analyst Salvator Tiano initiated coverage on PPG Industries Inc (NYSE:PPG) with an Overweight rating and announced a price target of $133. PPG closed at $105.05 on Thursday. See how other analysts view this stock.
- Bernstein analyst Mark Shmulik initiated coverage on Shopify Inc. (NASDAQ:SHOP) with an Outperform rating and announced a price target of $160. Shopify shares closed at $126.60 on Thursday. See how other analysts view this stock.
- Mizuho analyst Gabriel Moreen initiated coverage on Chesapeake Utilities Corp (NYSE:CPK) with an Outperform rating and announced a price target of $150. Chesapeake Utilities closed at $129.59 on Thursday. See how other analysts view this stock.
- Piper Sandler analyst Bill Carcache initiated coverage on Global Payments Inc (NYSE:GPN) with a Neutral rating and announced a price target of $101. Global Payments shares closed at $88.55 on Thursday. See how other analysts view this stock.
- JP Morgan analyst Brian Cheng initiated coverage on Dianthus Therapeutics Inc (NASDAQ:DNTH) with an Overweight rating and announced a price target of $135. Dianthus Therapeutics closed at $103.28 on Thursday. See how other analysts view this stock.
Considering buying SHOP stock? Here’s what analysts think:
Photo via Shutterstock