Top Analyst Ratings

Apple Inc. (AAPL)

Apple has received mixed reports from analysts on July 17th. CFRA Research has expressed a bullish outlook on the tech giant, raising its target price to $260 from the previous $240, and maintaining a “Buy” rating.

Morningstar has taken a more bearish stance, downgrading Apple from “Underperform” to “Sell” and setting a target price of $170. The downgrade reflects Morningstar’s concerns over Apple’s valuation, suggesting that the stock is overpriced given current market conditions and future growth prospects.

Baidu Inc. (BIDU)

Barclays has adjusted its outlook on Chinese tech company Baidu, cutting its target price to $125 from $133 but maintaining an “Overweight” rating. The reduced target price indicates cautious optimism, recognizing Baidu’s potential in the AI and autonomous driving sectors while acknowledging the challenges posed by the regulatory environment in China and competitive pressures.

Air Canada (AC.TO)

Air Canada received a target price cut from TD Securities, lowering it from $33 to $25 while maintaining a “Buy” rating. TD Securities outlook reflects confidence in Air Canada’s long-term recovery and strategic initiatives to navigate through these turbulent times.

CrowdStrike Holdings Inc. (CRWD)

KeyBanc has lowered its target price for CrowdStrike to $420 from $440. Despite the lower target, the firm remains positive on the cybersecurity company’s prospects, highlighting its strong market position and consistent revenue growth.

Tesla Inc. (TSLA)

Tesla saw a notable target price increase from Barclays, which raised its target to $250 from $180, while keeping an “Equal Weight” rating. The significant boost in target price is attributed to accommodate for Tesla’s valuation surge. However, the “Equal Weight” rating suggests that Barclays believes the stock is fairly valued at its current levels, considering both its growth potential and the risks associated with its high valuation and competitive pressures in the EV market.