MarketBeat.com | Aug 19, 2021 05:29AM ET
Analyst sentiment is one factor that investors can use to predict the future performance of a stock. Analysts give stocks ratings ranging from “strong-buy” to “strong-sell.” In many cases, they will issue a 12-month price target for the stock. In some cases, an analyst may not change their overall rating of a stock but may raise or lower its price target. When several analysts weigh in with an opinion about a stock, it tends to affect the company’s stock price in the direction of the analysts' opinions.
Although analyst upgrades are not a guarantee of a stock’s future performance, they carry some weight because analysts have access to a company’s management team and, in some cases, have insights that can be difficult for retail investors to access. With that in mind, here are the 10 most upgraded stocks that have received the most upgrades (or have had their price target increased) by Wall Street analysts on MarketBeat in August 2021:
Original Post
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.