TripAdvisor and Booking Holdings upgraded, Southwest Airlines downgraded

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TripAdvisor and Booking Holdings upgraded, Southwest Airlines downgraded
Credit: © Reuters.

NEW YORK - In today's stock market analysis, several companies received notable rating changes from research firms. TripAdvisor ( NASDAQ : NASDAQ: TRIP ) received an upgrade from Bernstein to Outperform, highlighting Viator's potential for high-margin revenue that could counterbalance operational leverage challenges. Similarly, Booking Holdings (NASDAQ: NASDAQ: BKNG ) was upgraded by the same firm, with its unchallenging valuation and a commitment to stock buybacks contributing to the positive outlook.

In the technology sector, HP Inc. (NYSE: NYSE: HPQ ) saw an upgrade from Citi thanks to improvements in its PC ecosystem. Citi set a new price target for HP at $33. Crowdstrike (NASDAQ:CRWD), known for its cloud-based endpoint security solutions, also received an upgrade from Stifel, which raised its price target to $225. Oracle (NYSE: NYSE: ORCL ) was upgraded by Edward Jones due to its successful transition to a subscription model that is expected to boost sales growth.

On the downside, Southwest Airlines (NYSE: NYSE: LUV ) faced a downgrade by Melius Research, which cited an ineffective growth strategy and reduced the price target to $19. Educational technology company 2U (NASDAQ: NASDAQ: TWOU ) was downgraded by Citi over concerns of unresolved overleverage. Regions Financial (NYSE: NYSE: RF ) received a downgrade from Odeon Capital due to its strategy focusing more on margins rather than sales growth. Lastly, Waters Corporation (NYSE: NYSE: WAT ), operating in the analytical instruments sector, was downgraded by Barclays (LON: BARC ) amid a lack of visibility on instrument down cycles and potential recovery, with a new price target set at $230.

These rating changes reflect analysts' latest assessments of company performance, market conditions, and strategic directions, providing investors with insights into potential risks and opportunities in the stock market.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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