Nike, DoorDash Upgraded; Dollar Tree Downgraded

On November 13th, Wall Street analysts made significant moves, upgrading Nike, DoorDash, Booking Holdings, and AutoZone, while downgrading Dollar Tree, Fastenal, and SoundThinking. Nikes upgrade from Wells Fargo to Overweight, with a raised price target, reflects improved sales and profit margins visibility. DoorDashs upgrade from Wedbush to Outperform, with a price target of $260, highlights its strong market position and strategic initiatives. Dollar Trees downgrade from Goldman Sachs to Sell, with a lowered price target, indicates that its improved fundamentals are already reflected in its stock price. These shifts underscore the volatile nature of the market and the impact of company performance and economic factors on analyst sentiment.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.