Amid last's week trading, analysts came out with new ratings for some widely-followed stocks.
Analysts and brokerage firms often use ratings when they issue recommendations to traders. Analysts arrive at stock ratings by researching public financial statements, communicating with executives and customers, and following industry trends.
Here are the latest analyst ratings and updates for Snap, Tesla, Nvidia and United Airlines.
Wedbush analyst Ygal Arounian upgradedSnap Inc(NYSE:SNAP) from Neutral to Outperform and raised the price target from $52 to $75.
Shares of Snap were trading lower this week. The stock opened Monday’s session at $62.81 and closed Friday lower by 2.48% at $61.25.
Canaccord Genuity analyst Jed Dorsheimer upgradedTesla Inc(NASDAQ:TSLA) from Hold to Buy and raised the price target from $419 to $1071.
Shares of Tesla were trading higher this week. The stock opened Monday’s session at $685.30 and closed Friday higher by 7.95% at $739.78.
Raymond James analyst Chris Caso upgradedNVIDIA Corporation(NASDAQ:NVDA) from Outperform to Strong Buy and raised the price target from $700 to $750.
Shares of Nvidia were trading higher this week. The stock opened Monday’s session at $571.96 and closed Friday higher by 11.28% at $636.50.
Argus Research analyst John Staszak upgradedUnited Airlines Holdings Inc(NASDAQ:UAL) from Hold to Buy and announced a $66 price target.
Shares of United Airlines were trading lower this week. The stock opened Monday’s session at $57.57 and closed Friday lower by 2.95% at $55.87.
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