Top firms raise price targets on Block and Tradeweb while adjusting ratings on Goldman Sachs and other major stocks.
Piper Sandler upgraded Block to Overweight from Underweight, raising its price target to $100 from $58. The firm cited resilient earnings expectations despite broad valuation compression in the sector.
Deutsche Bank and Rosenblatt both upgraded Comcast, with targets of $32 and $31, respectively. Goldman Sachs upgraded Tradeweb to Buy, setting a $146 target, while Daiwa raised Honeywell’s target to $255 after its aerospace spinoff. JPMorgan also adjusted Qualys’ rating to Neutral with a $139 target.
The moves reflect shifting sentiment on earnings growth and structural changes, including spinoffs and demand trends in vulnerability management.