Analysts upgrade Incyte and Alphabet as Wall Street shifts outlooks
Analysts on Wall Street have made several notable upgrades. Tazeen Ahmad from B of A Securities upgraded Incyte Corporation from Neutral to Buy, raising its price target from $68 to $90. Incyte shares closed at $73.60. Baird's Jonathan Komp upgraded Boot Barn Holdings from Neutral to Outperform, keeping the price target at $167. Boot Barn shares ended at $129.38. Seaport Global's Aaron Kessler upgraded Alphabet Inc. from Neutral to Buy, setting a price target of $200. Alphabet shares closed at $171.14. Other upgrades included Nayax Ltd. and KE Holdings Inc.