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 5 Upgrades:
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Goldman Sachs upgraded Target (TGT) to Conviction Buy from Buy with a $176 price target as part of its monthly “Directors’ Cut” revisions. The firm sees a compelling entry point for a company that will get a boost from a return to discretionary spending from a “buoyant” U.S. consumer in a soft landing economy.
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Deutsche Bank upgraded Cigna (CI) to Buy from Hold with a price target of $370, up from $355. The company announced the agreement to sell its Medicare Advantage, Supplemental Benefits, Part D, and CareAllies Business to HCSC for a total transaction value of $3.7B, in what can be a “value unlocking-transaction,” the…
