The most talked about and market moving research calls around Wall Street are now in one place. Here are today's research calls that investors need to know, as compiled by The Fly.
Top Rating Changes:
Baird initiated coverage of ServiceTitan (TTAN) with an Outperform rating and $117 price target. Profitability will likely inflect higher as the residential and commercial repair software company expands its total addressable market, says the analyst, who adds that to the extent that revenue growth continues to track in the 20%-plus range, "we expect our investment framework to prove conservative."
86 Research upgraded Tencent Music (TME) to Buy from Hold with a $14 price target.
Rodman & Renshaw downgraded Viracta Therapeutics (VIRX) to Neutral from Buy with a price target of 25c, down from $3.50, after Viracta announced it has elected to close its ongoing pivotal Phase 2 clinical trial of Nana-val in relapsed/refractory EBV+ lymphomas to maximize its cash runway while the board conducts a review of strategic alternatives. :
CICC initiated coverage of Estee Lauder (EL) with a Market Perform rating and $82 price target.
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