Analysts were busy this week, upgrading, changing price targets, and initiating coverage of a variety of companies.
Bristol-Myers Squibb (BMY) - Get Bristol-Myers Squibb Company Report was upgraded to buy from hold by Truist analyst Gregg Gilbert, who raised his price target on the health-care giant's shares to $74 from $66.
Booking Holdings (BKNG) - Get Booking Holdings Inc. Report was upgraded to buy from hold by Jefferies analyst Brent Thill, who lifted his share price target on the online travel company to $2,800 from $2,300.
Alphabet (GOOGL) - Get Alphabet Inc. Report was added to Wedbush's Best Ideas List by an analyst who took over coverage of the parent of search, advertising and cloud giant Google with an outperform rating.
Price Target Change
Several analysts raised their price targets for American Eagle Outfitters (AEO) - Get American Eagle Outfitters Inc. Report after the apparel retailer’s stronger-than-expected business update for the quarter ended May 1.