Stifel

Fortinet Inc.’s (NASDAQ: FTNT) strong execution is likely to continue in coming years, according to Stifel. The Fortinet Analyst: Adam Borg initiated coverage of Fortinet with a Buy rating and a target price of $355. The Fortinet Thesis: Despite the recent rally year to date, the stock...

AppLovin Corporation (NASDAQ: APP), a developer of mobile games and mobile marketing software, has received a bullish recommendation from a Stifel analyst.  The AppLovin Analyst: Analyst David Pang upgraded AppLovin shares from Hold to Buy and increased the price target from $65 to $90. The...

Poshmark Inc (NASDAQ: POSH) is the best-positioned company in the market for resale apparel, given its “asset-light business model,” which supports healthy long-term margins and allows for “rapid expansion in new markets with minimal expected capex,” according to Stifel. The...

Google parent company Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) showed an impressive and speedy recovery in its digital advertising business after bottoming in 2020, according to Stifel. The Alphabet Analyst: Scott Devitt upgraded Alphabet's stock rating from Hold to Buy with a price target...

ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD) said late Monday it was notified by the Food and Drug Administration of deficiencies in its regulatory application to expand the label for pimavanserin, which goes by the brand name Nuplazid. The company is seeking approval for Nuplazid as a...

Target Corporation (NYSE: TGT) should gain momentum in its same-day pickup services and this bodes well for the stock, according to a survey conducted by research firm Stifel. The Target Analyst: Mark Astrachan upgraded Target's stock from Hold to Buy with a price target lifted from $200...

Twilio Inc (NYSE: TWLO) owns the most comprehensive communications API platform and a community of over 10 million developers, which has positioned the company as a market leader, according to Stifel. The Twilio Analyst: J. Parker Lane initiated coverage of Twilio with a Buy rating and $425 ...

JD.com (NASDAQ: JD) continues to be a leading e-commerce platform in China and has several “secular growth trends to support healthy long-term growth and ongoing margin expansion,” according to Stifel. The JD.com Analyst: Scott Devitt upgraded JD.com from Hold to Buy and raised the...

Chipotle Mexican Grill, Inc. (NYSE: CMG) deserves credit for its "impressive" resiliency during the COVID-19 pandemic, and the casual fast food restaurant chain should benefit from recent momentum in 2021, according to Stifel. The Analyst: Chris O'Cull upgraded Chipotle Mexican Grill...

Lifestyle brand Duluth Holdings Inc (NASDAQ: DLTH) has a path to grow earnings in 2021, as consumers are expected to return to stores, according to Stifel. The Duluth Holdings Analyst: Jim Duffy upgraded Duluth Holdings from Hold to Buy with an unchanged $14 price target. The Duluth Holdings...

The recent strong growth in Upwork Inc’s (NASDAQ: UPWK) market is likely to continue, with a paradigm shift to working with remote teams underway, Stifel said in an upgrade issued after the company's Wednesday third-quarter earnings beat.  The Upwork Analyst: Logan Thomas...

Under Armour Inc (NYSE: UAA)(NYSE: UA) shares were trading higher Monday after the company reported better-than-expected third-quarter earnings last week — and said its full-year numbers won’t be as bad as previously feared. Under Armour reported third-quarter adjusted EPS of 26 cents...

Microsoft reported first-quarter revenue and earnings per share that came in ahead of consensus estimates Tuesday. Azure and the gaming sector were highlights for the Street analysts who cover the tech giant.  Azure A Q1 Highlight: Raymond James analyst Robert Majek reiterated a Strong...

Snowflake Inc (NYSE: SNOW) shares were gaining ground on Monday and are off to a hot start on the public market after the stock's initial public offering priced at $120 in mid-September.  The cloud data warehousing company far exceeded its initial IPO target range of $75 to $85 per share,...

Firsthand checks with private human capital management vendors point to an improving demand environment for companies like Workday Inc (NASDAQ: WDAY), according to Stifel. The Workday Analyst: Brad Reback upgraded Workday from Hold to Buy with a price target lifted from $227 to $275. The...