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Today's Most Important Upgrades

Published 29/09/2022, 20:36
© Reuters.
AAPL
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RRC
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NKE
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WIX
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By Davit Kirakosyan

Rosenblatt upgraded Apple (NASDAQ:AAPL) to Buy from Neutral and raised its price target to $189 from $160 as its survey of over 1,100 U.S. adults showed “substantial interest in the company's new iPhone 14 Pro Max and Ultra watch.”

CFRA upgraded Nike (NYSE:NKE) to Hold from Sell and adjusted its price target to $88.00 from $100.00.

Oppenheimer upgraded Wix.com (NASDAQ:WIX) to Outperform from Perform with a price target of $110.00. The analysts believe the company has the potential to operate more efficiently to drive meaningful shareholder value, highlighting management’s pivot toward balanced growth (projecting to deliver 20% margins by 2025, with long-term targets trending to approximately 30%).

TD Securities upgraded Range Resources (NYSE:RRC) to Buy from Hold and raised its price target to $33.00 from $32.00.

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