Analyst Ratings for May 17th
- Deere & Co: Daiwa Capital Markets increased the target price to $440 from $400. Deere plans to under-produce demand to reduce inventories.
- Under Armour Inc: JPMorgan downgraded the rating to “Underweight” from “Neutral” due to lagging product innovation and profitability compared to peers.
- Viking Therapeutics Inc: Raymond James upgraded the rating to “Strong Buy” from outperform, highlighting the potential of its obesity treatment against competition from Roche.
- Nvidia Inc: Oppenheimer & Co. reaffirmed their bullish “Outperform” rating for NVIDIA, maintaining the target price at USD 1100.
- Snowflake: JMP Securities reiterated its “Market Outperform” rating for Snowflake, with a target price of USD 235 on attractive valuation.
