Bullishness: ZI, GPC, SQSP, DE, VVI, WIX, ARRY, GDDY - Top Buy Ratings
- June 29th, 2023
- 283 views
ZoomInfo Technologies Inc. (Nasdaq: ZI), a leading provider of go-to-market intelligence solutions, received coverage initiation from Needham with a Buy rating and a price target of $35.
Despite closing at $25.61 on Wednesday, the stated price target implies a potential upside of $9.39 or approximately 36.65% for $ZI, based on the brokerage firm's view.
Genuine Parts Company (NYSE: GPC), a renowned distributor of automotive and industrial replacement parts, was initiated for coverage by Northcoast Research with a Buy rating and a price target of $195.
With $GPC closing at $165.14 on Wednesday, the initiation price target suggests a potential upside of $29.86 or about 18.06% according to the investment research firm's analysis.
Squarespace, Inc. (NYSE: SQSP), a popular website building and hosting platform, received coverage initiation from B. Riley Securities with a Buy rating and a price target of $40.
Based on Wednesday's closing price of $29.91, the stated price target implies a potential upside of $10.09 or approximately 33.74% for $SQSP, based on B. Riley's view.
Deere & Company (NYSE: DE), a leading manufacturer of agricultural machinery and equipment, was initiated for coverage by Canaccord Genuity with a Buy rating and a price target of $530.
With $DE closing at $405.20 on Wednesday, the initiation price target indicates a potential upside of $124.80 or about 30.80% according to the financial services firm's analysis.
Viad Corp. (NYSE: VVI), a diversified marketing services company, received coverage initiation from Craig-Hallum with a Buy rating and a price target of $40.
Despite closing at $25.77 on Wednesday, the stated price target reflects a potential upside of $14.23 or approximately 55.21% for $VVI, according to the investment banking firm's assessment.
Wix.com Ltd. (Nasdaq: WIX), a leading website development platform, was initiated for coverage by B. Riley Securities with a Buy rating and a price target of $120.
Based on Wednesday's closing price of $78.15, the initiation price target suggests a potential upside of $41.85 or about 53.55% for $$WIX, based on the investment firm's view
Array Technologies, Inc. (Nasdaq: ARRY), a provider of solar tracking solutions, received coverage initiation from Janney Montgomery Scott with a Buy rating and a price target of $37.
Despite $ARRY closing at $20.83 on Wednesday, the stated price target implies a potential upside of $16.17 or approximately 77.67% based on the financial advisory firm's analysis.
GoDaddy Inc. (NYSE: GDDY), a leading provider of web hosting and domain registration services, was initiated for coverage by B. Riley Securities with a Buy rating and a price target of $102.
With $GDDY closing at $73.74 on Wednesday, the initiation price target indicates a potential upside of $28.26 or about 38.32% for $$GDDY, according to the brokerage firm's assessment.
Please note that the potential upsides mentioned for these companies are derived from the assessments and recommendations of the respective brokerage firms or analysts, which represent their perspective on the future performance of each company. It is crucial for investors to conduct their own research and take into account additional 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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