Analysts are intrested in these 5 stocks: ( (SRPT) ), ( (CRCL) ), ( (DOW) ), ( (AMD) ) and ( (DASH) ). Here is a breakdown of their recent ratings and the rationale behind them.
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Sarepta Therapeutics has seen a downgrade from analyst Sami Corwin, who shifted the stock to a Hold rating. The analyst cites a growing number of uncertain variables and investor caution as reasons for the limited near-term upside. Despite strong interest in Sarepta’s Elevidys among commercial ambulatory patients, the reduction in peak revenue opportunity and unclear risks regarding non-ambulatory patients contribute to investor hesitancy. Additionally, the potential entry of other gene therapies for Duchenne muscular dystrophy could further erode revenue estimates.
Circle Internet Group, Inc. has caught the attention of analysts with differing opinions. Jeff Cantwell initiated coverage with a Buy rating, highlighting Circle as a top-tier crypto disruptor with significant future opportunities. He expects rapid global adoption of stablecoins like USDC, projecting substantial revenue growth. On the other hand, Ed Engel initiated coverage with a Hold rating, acknowledging Circle’s leading position in stablecoins but expressing concerns over distribution challenges and potential new entrants affecting market share.
Dow Inc. faces a downgrade from analyst John Mcnulty, who reduced the stock to a Sell rating. The analyst points to significant weaknesses across Dow’s end-markets, resulting in soft pricing and lower volumes. These challenges are expected to lead to lower-than-expected EBITDA in the coming quarters. With no immediate improvement in sight, there is a heightened risk of a dividend cut, making the stock’s risk/reward setup unfavorable.
Advanced Micro Devices (AMD) has been upgraded to a Buy rating by analyst Ben Reitzes, who sees the company riding the AI wave. The analyst notes improvements in AMD’s GPU roadmap and potential upside in x86 server CPUs. With increased interest in AMD’s platform from major players like OpenAI and Amazon, the stock is expected to benefit from a surge in inferencing demand. The analyst raises the target price, anticipating significant growth in the coming years.
DoorDash receives an upgrade to Strong Buy from analyst Josh Beck, who highlights the synergy potential with Deliveroo as underappreciated. The analyst forecasts mid-teens EBITDA accretion from the merger, along with potential advertising growth and autonomous delivery advancements. With consistent management execution and a favorable macro backdrop, the analyst raises the target price, reflecting a bullish stance on the company’s future prospects.