This Hormel Foods Analyst Is No Longer Bearish; Here Are Top 5 Upgrades For Friday

Author: Avi Kapoor | May 31, 2024 09:25am

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

Piper Sandler analyst Brent Bracelin upgraded the rating for Asana, Inc. (NYSE:ASAN) from Underweight to Neutral, but slashed the price target from $18 to $16. Asana shares fell 4.9% to close at $13.13 on Thursday. See how other analysts view this stock.
Piper Sandler analyst Stephen Scouten upgraded Independent Bank Group, Inc. (NASDAQ:IBTX) from Underweight to Overweight, while raising the price target from $38 to $58. Independent Bank shares rose 2.4% to settle at $45.98 on Thursday. See how other analysts view this stock.
Wolfe Research analyst Bill Carcache upgraded the rating for Fifth Third Bancorp (NASDAQ:FITB) from Peer Perform to Outperform and announces $43 price target. Fifth Third Bancorp shares rose 1.4% to settle at $36.75 on Thursday. See how other analysts view this stock. See how other analysts view this stock.
Keefe, Bruyette & Woods analyst Damon Delmonte upgraded Heartland Financial USA, Inc. (NASDAQ:HTLF) from Market Perform to Outperform and boosted the price target from $51 to $54. Heartland Financial shares rose 2.6% to close at $43.07 on Thursday. See how other analysts view this stock.
JP Morgan analyst Thomas Palmer upgraded the rating for Hormel Foods Corporation (NYSE:HRL) from Underweight to Neutral, while raising the price target from $28 to $29. Hormel Foods shares fell 9.7% to settle at $30.79 on Thursday. See how other analysts view this stock.