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After Feeble December Start, Analysts Upgrade or Downgrade Citigroup, JPMorgan, Shopify and More – Darlinez News.

<p> &lbrack;ad&lowbar;1&rsqb;<br &sol;>&NewLine;<&sol;p>&NewLine;<div>&NewLine;<div class&equals;"entry-content column content primary is-two-thirds">&NewLine;<div class&equals;"" style&equals;"padding-bottom&colon; 10px&semi;">&NewLine;<div class&equals;"">&NewLine;<p>&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<span class&equals;"tag is-dark is-uppercase">Investing<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;p>&NewLine;<div class&equals;"byline-container">&NewLine;<div class&equals;"post-date is-italic has-text-grey is-size-7 has-text-weight-medium ">&NewLine;<p>December 8&comma; 2022 11&colon;10 am<&sol;p>&NewLine;<&sol;p><&sol;div>&NewLine;<&sol;p><&sol;div>&NewLine;<&sol;p><&sol;div>&NewLine;<&sol;p><&sol;div>&NewLine;<&sol;p><&sol;div>&NewLine;<p>Markets pushed higher on Thursday with a big help from the technology sector&period; The Nasdaq led the charge higher&comma; up over 1&percnt;&comma; with the Dow Jones industrials and S&&num;038&semi;P 500 each up 0&period;8&percnt;&period; If the trend continues&comma; the S&&num;038&semi;P 500 will snap its five-day losing streak&period;<&sol;p>&NewLine;<p>Through the first seven days of December&comma; the S&&num;038&semi;P 500 is down roughly 3&period;6&percnt;&comma; while the Nasdaq is looking at losses around 4&period;4&percnt;&period; Historically speaking&comma; December and the fourth quarter are generally a positive time for markets&comma; but recent concerns about rate hikes and geopolitical headwinds have the Nasdaq off to its worst start of the month since 1975&period;<&sol;p>&NewLine;<p>The question remains whether the Federal Reserve will come through next week and deliver a 50-basis-point rate hike&comma; as is expected&comma; or are markets due for more turmoil ahead&period;<&sol;p>&NewLine;<p>Here&comma; Darlinez News&period; is reviewing additional analyst calls seen on Thursday&period; We have included the latest call on each stock&comma; as well as a recent trading history and the consensus targets among analysts&period; Note that analyst calls seen earlier in the day included Airbnb&comma; Applied Materials&comma; AutoZone&comma; Carvana&comma; Stitch Fix&comma; TripAdvisor and more&period;<&sol;p>&NewLine;<p>AppLovin Corp&period; &lpar;NASDAQ&colon; APP&rpar;&colon; BTIG Research downgraded the stock to Neutral from Buy&period; The 52-week trading range is &dollar;10&period;18 to &dollar;99&period;29&period; Shares changed hands near &dollar;11 apiece on Thursday&period;<&sol;p>&NewLine;<p>AvalonBay Communities Inc&period; &lpar;NYSE&colon; AVB&rpar;&colon; The Goldman Sachs downgrade to Neutral from Buy included a price target cut to &dollar;187 from &dollar;197&period; The stock has traded as high as &dollar;259&period;05 a share in the past year but was last seen at around &dollar;170&period; That is down nearly 34&percnt; year to date&period;<&sol;p>&NewLine;<p>Citigroup Inc&period; &lpar;NYSE&colon; C&rpar;&colon; Piper Sandler initiated coverage with a Neutral rating and a &dollar;48 price target&period; The shares traded near &dollar;45 on Thursday&period; The 52-week range is &dollar;40&period;01 to &dollar;69&period;11&period;<&sol;p>&NewLine;<p>General Dynamics Corp&period; &lpar;NYSE&colon; GD&rpar;&colon; Citigroup started coverage with a Buy rating and a &dollar;298 price target&period; The shares traded near &dollar;248 on Thursday&period; The 52-week range is &dollar;197&period;03 to &dollar;256&period;86&period;<&sol;p>&NewLine;<p>Hershey Co&period; &lpar;NYSE&colon; HSY&rpar;&colon; UBS lifted its Neutral rating to Buy and hiked its &dollar;244 price target to &dollar;269&period; The 52-week trading range is &dollar;242&period;46 to &dollar;182&period;51&period; Shares changed hands near &dollar;239 apiece on Thursday&period;<&sol;p>&NewLine;<p>JPMorgan Chase &&num;038&semi; Co&period; &lpar;NYSE&colon; JPM&rpar;&colon; Piper Sandler initiated coverage with an Overweight rating and a &dollar;150 price target&period; The stock traded near &dollar;133 on Thursday&comma; in a 52-week range of &dollar;101&period;28 to &dollar;169&period;81&period;<&sol;p>&NewLine;<p>Match Group Inc&period; &lpar;NASDAQ&colon; MTCH&rpar;&colon; UBS started coverage with a Neutral rating and a &dollar;46 price target&period; The stock was last seen trading near &dollar;45&comma; in a 52-week range of &dollar;40&period;23 to &dollar;137&period;12&period;<&sol;p>&NewLine;<p>Mondelez International Inc&period; &lpar;NASDAQ&colon; MDLZ&rpar;&colon; Though UBS downgraded the shares to Neutral from Buy&comma; it also nudged up its &dollar;70 price target to &dollar;71&period; The stock traded near &dollar;68 on Thursday&comma; in a 52-week range of &dollar;54&period;72 to &dollar;69&period;47&period;<&sol;p>&NewLine;<p>Ollie’s Bargain Outlet Holdings Inc&period; &lpar;NASDAQ&colon; OLLI&rpar;&colon; Gordon Haskett downgraded the stock to Accumulate from Buy and has a &dollar;53 price target&period; Shares have traded as high as &dollar;72&period;27 in the past year but were changing hands near &dollar;50 on Thursday&period;<&sol;p>&NewLine;<p>Salesforce Inc&period; &lpar;NYSE&colon; CRM&rpar;&colon; Robert Baird’s downgrade was to Neutral from Outperform&comma; and its &dollar;200 price target dropped to &dollar;150&period; The stock has traded as high as &dollar;270&period;57 in the past year but was last seen near &dollar;130&period; That is down over 48&percnt; year to date&period;<&sol;p>&NewLine;<p>Shopify Inc&period; &lpar;NYSE&colon; SHOP&rpar;&colon; UBS initiated coverage with a Sell rating and a &dollar;30 price target&period; Shares traded near &dollar;38 on Thursday&comma; in a 52-week range of &dollar;23&period;63 to &dollar;153&period;40&period;<&sol;p>&NewLine;<p><section id&equals;"email-subscribe" class&equals;"section section-email-sub single-email-sub"><&excl;-- div&period;svg-icon --><&sol;p>&NewLine;<div class&equals;"container">&NewLine;<div class&equals;"subscribe-message" style&equals;"line-height&colon; 1&period;3&semi;">&NewLine;<p>Get Our Free Investment Newsletter<&sol;p>&NewLine;<&sol;p><&sol;div>&NewLine;<&sol;p><&sol;div>&NewLine;<&sol;section>&NewLine;<p>One of the most respected strategists on Wall Street sees the potential for a collapsing labor market in 2023&period; Seven top bond market proxy stocks look like solid and safe defensive ideas in case the stock market takes a beating next year&period;<&sol;p>&NewLine;<p>Is Mark Zuckerberg America’s worst CEO of 2022&quest; How about Andy Jassy or Ernest Garcia&quest; Maybe David Zaslav&quest;<&sol;p>&NewLine;<p>And find out what role gold will play in the economy in 2023&period;<&sol;p>&NewLine;<p>&Tab;&Tab;&Tab;&Tab;<&excl;-- &num;post-footer--><&sol;p>&NewLine;<div class&equals;"entry-meta">&NewLine;&Tab;&Tab;<span>Read more&colon;<br &sol;>&NewLine;&Tab;&Tab;<span itemprop&equals;"keywords"><br &sol;>&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;Investing&comma; &Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;APP&comma; &Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;AVB&comma; &Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;C&comma; &Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;CRM&comma; &Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;GD&comma; &Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;HSY&comma; &Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;JPM&comma; 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