Buy Ratings: PM, ATMU, CALT, USAU, COHR, MAN, AJG - Potential Upsides Unveiled
- June 20th, 2023
- 279 views
Philip Morris International Inc. (NYSE: PM), a global tobacco company, was upgraded from Neutral to Buy by Citigroup, with the price target raised from $109 to $117.
On Friday, $PM closed at $94.89, indicating a potential upside of $22.11 or 23.27% based on the investment firm's assessment.
Atmus Filtration Technologies Inc. (NYSE: ATMU), a provider of innovative filtration solutions, received a Buy rating and a price target of $30 from Goldman Sachs.
With $ATMU closing at $19.52 on Friday, the projected price target suggests a potential upside of $10.48 or 53.65% according to the investment banking firm 's analysis.
Calliditas Therapeutics AB (publ) (Nasdaq: CALT), a biopharmaceutical company specializing in rare diseases, received a Buy rating and a price target of $60 from HC Wainwright & Co.
Despite closing at $18.62 on Friday, the assigned price target implies a potential upside of $41.38 or 222.02% for $CALT, based on the investment banking firm 's evaluation.
U.S. Gold Corp. (Nasdaq: USAU), a mining exploration company, maintained a Buy rating from HC Wainwright & Co. and had its price target raised from $10.5 to $12.
Despite $USAU closing at $4.07 on Friday, the adjusted price target indicates a potential upside of $7.93 or 194.59% according to HC Wainwright's perspective.
Coherent Corp. (NYSE: COHR), a leading provider of photonics solutions, was maintained with a Buy rating from Needham, accompanied by a price target increase from $33 to $64.
With $COHR closing at $54.87 on Friday, the updated price target implies a potential upside of $9.13 or 16.64% based on the investment firm's view.
ManpowerGroup Inc. (NYSE: MAN), a global staffing and workforce solutions company, received a Buy rating and a price target of $94 from Redburn Partners.
Despite closing at $76.56 on Friday, the assigned price target suggests a potential upside of $17.44 or 22.77% for $MAN, based on the investment firm's analysis.
Arthur J. Gallagher & Co. (NYSE: AJG), an insurance brokerage and risk management services firm, was maintained with a Strong Buy rating by Raymond James, with the price target raised from $240 to $245.
With $AJG closing at $213.78 on Friday, the adjusted price target implies a potential upside of $31.22 or 14.59% according to the investment firm's outlook.
Please note that the potential upsides mentioned for these companies are based on the analysis and recommendations of the respective brokerage firms, investment firms, or analysts, reflecting their outlook on the future performance of each company. Investors should conduct their own research and consider other factors before making any investment decisions.
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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