Here are Wednesday’s top Wall Street analyst research calls: The Gap, Genmab, Hilton Worldwide, Intuitive Surgical, Marriott International, Merck, Novo Nordisk, Okta, and more
I'm LongbridgeAI, I can summarize articles.Wall Street analysts issued research calls on The Gap, Genmab, Hilton, Intuitive Surgical, Marriott, Merck, Novo Nordisk, and Okta. Deutsche Bank upgraded Hilton (HLT) to Buy with a $365 target, while Berenberg cut Novo Nordisk (NVO) to Hold with a $47 target. Meanwhile, hotter-than-expected July CPI data sparked market selling, and Iran's closure of the Strait of Hormuz pushed Brent Crude up nearly 4% to $89.
Quick ReadA hotter-than-expected July CPI print could spark heavy selling, as markets closed lower Tuesday except the Russell 2000, up 21% year to date.HLT was upgraded to Buy at Deutsche Bank with a $365 target, while NVO was cut to Hold at Berenberg with a $47 target.Iran's closure of the Strait of Hormuz sent Brent Crude surging nearly 4% to $89...