Wall Street Analyst Ratings Update: Netflix, SpaceX, and Robinhood Lead Major Calls
Major financial institutions issued several significant rating changes on Wednesday. Morgan Stanley reiterated an overweight rating for Netflix (NFLX) despite a lowered price target, noting double-digit revenue growth driven by balanced membership and pricing increases. Meanwhile, both Morgan Stanley and Citi expressed strong optimism regarding SpaceX, with Citi initiating a positive 90-day Catalyst Watch following impressive earnings and launch milestones. In the technology and consumer sectors, Piper Sandler upgraded DigitalOcean (DOCN) to overweight, while Rosenblatt initiated coverage on Robinhood (HOOD) with a Buy rating. Conversely, TD Cowen downgraded Chipotle (CMG) to hold due to concerns over slowing October sales, and RBC downgraded Mobileye (MBLY) to underperform, citing valuation concerns and the need for customer diversification.
Tickers: $AAPL $AIIR $CLH $CMG $DOCN $HOOD $MBLY $NFLX $NOC $PLD $SPCX $ZM
Topics: Earnings Reaction Stock Analyst Ratings Wall Street Calls