Several companies have recently received upgrades from prominent investment banks, resulting in changes to their price targets.

Albemarle (NYSE: ALB), a specialty chemical company, was upgraded by BofA Securities from Underperform to Neutral, with a new price target of $200, up from $195. As a result, the stock is up 3.03% in pre-market trading, currently at $185.15.

American Airlines Group (NASDAQ: AAL) also received an upgrade, this time from JP Morgan. The airline company was upgraded from Neutral to Overweight, with a new price target of $29, up from $26. This news caused the stock to rise by 3.53% in pre-market trading, currently at $14.36.

Coinbase Global (NASDAQ: COIN), a cryptocurrency exchange, was upgraded by Daiwa Securities from Neutral to Buy, with a new price target of $65, up from $58. However, the news did not immediately have a positive impact on the stock, as it fell by 4.14% in pre-market trading, currently at $55.83.

Finally, Dropbox (NASDAQ: DBX), a cloud storage company, was upgraded by Goldman Sachs from Sell to Neutral, with a new price target of $25, up from $22. This news caused the stock to rise by 1.41% in pre-market trading, currently at $21.61.

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