Wall Street Analysts Issue Major Stock Upgrades and Downgrades Across Tech, Finance Sectors
Wall Street analysts made significant moves across technology, financial services, and consumer sectors on Thursday. Major upgrades included Lending Club, US Bancorp, and Avery Dennison, while firms reiterated bullish positions on Tesla and Microsoft.
Financial Services Sector Sees Widespread Upgrades
Wall Street analysts reportedly initiated several bullish positions across the financial technology and payments sector on Thursday. According to analyst reports, Citi began coverage on multiple fintech companies with buy ratings, including Visa, Mastercard, Block, Toast, Affirm, Global Payments, and Bill Holdings. The firm indicated it was bullish on the payment processing and digital finance landscape.
