Five major firms raised ratings or price targets on CRM, ENPH, and VRSK, citing valuation, growth opportunities, and reduced risks.
Monness Crespi upgraded Salesforce to Buy from Neutral, setting a $200 price target. The firm cited compelling valuation, margin strength, and a robust stock repurchase program as key drivers for the upgrade amid depressed share prices.
Barclays raised Enphase Energy to Equal Weight with a $51 target, up from $30, highlighting emerging opportunities in solid-state transformer data centers. DA Davidson also upgraded Nice to Buy, while Rothschild & Co Redburn lifted Verisk Analytics to Neutral, noting reduced cyclical risks post-termination of the AccuLynx acquisition.
The upgrades reflect shifting sentiment around valuation and growth prospects, particularly in AI-driven enterprise solutions and renewable energy sectors.