This PayPal Analyst Begins Coverage On A Bearish Note; Here Are Top 5 Initiations For Wednesday
Complete. Here is the key summaryWall Street analysts initiated coverage on five stocks Wednesday. BMO rated Royal Caribbean (RCL) Outperform with a $370 target. Barclays rated PayPal (PYPL) Underweight with a $42 target. Morgan Stanley rated Honeywell Aerospace (HONA) Equal-Weight with a $255 target. Rothschild & Co rated Sensient Technologies (SXT) Neutral with a $125 target. DA Davidson rated Pinterest (PINS) Buy with a $26 target.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.
- BMO Capital analyst Tristan Thomas-Martin initiated coverage on Royal Caribbean Cruises Ltd (NYSE:RCL) with an Outperform rating and announced a price target of $370. Royal Caribbean shares closed at $282.26 on Tuesday. See how other analysts view this stock.
- Barclays analyst Ramsey El-Assal initiated coverage on PayPal Holdings Inc (NASDAQ:PYPL) with an Underweight rating and announced a price target of $42. PayPal shares closed at $45.65 on Tuesday. See how other analysts view this stock.
- Morgan Stanley analyst Kristine Liwag initiated coverage on Honeywell Aerospace Inc (NASDAQ:HONA) with an Equal-Weight rating and announced a price target of $255. Honeywell Aerospace shares closed at $238.14 on Tuesday. See how other analysts view this stock.
- Rothschild & Co analyst Artem Chubarov initiated coverage on Sensient Technologies Corp (NYSE:SXT) with a Neutral rating and announced a price target of $125. Sensient Technologies shares closed at $123.32 on Tuesday. See how other analysts view this stock.
- DA Davidson analyst Wyatt Swanson initiated coverage on Pinterest Inc (NYSE:PINS) with a Buy rating and announced a price target of $26. Pinterest shares closed at $22.42 on Tuesday. See how other analysts view this stock.
Considering buying PYPL stock? Here’s what analysts think:
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