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Upgraded Rating for The Gap, First Commonwealth Financial, Wendy's, MaxLinear, and Inventiva

  • May 20th, 2023
  • 209 views

The Gap, Inc. (NYSE: GPS) received an upgrade from Sell to Neutral by Citigroup, a notable financial institution. This upgrade suggests a shift in sentiment towards the company. On Friday, $GPS closed at $7.78, experiencing a decline of $0.33 (-4.07%).

First Commonwealth Financial Corporation (NYSE: FCF) was upgraded from Equal-Weight to Overweight by Stephens & Co., indicating increased confidence in the company's performance. $FCF closed at $12.74 on Friday, experiencing a slight increase of $0.02 (+0.16%).

The Wendy's Company (Nasdaq: WEN) received an upgrade from Hold to Buy by Argus Research, suggesting a more positive outlook for the company. $WEN closed at $23.40 on Friday, showing a decrease of $0.10 (-0.43%).

MaxLinear, Inc. (Nasdaq: MXL) was upgraded from Underperform to Neutral by Exane BNP Paribas, indicating a change in the view towards the company's prospects. On Friday, $MXL closed at $28.56, reflecting a gain of $1.13 (+4.12%).

Inventiva S.A. (Nasdaq: IVA) received an upgrade from Sell to Buy by Societe Generale, implying an improved sentiment towards the company. $IVA closed at $3.18 on Friday, experiencing a notable increase of $0.47 (+17.34%).

 

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)

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