Top firms raise ratings on NFLX, USB, GPN, and YETI citing strong fundamentals and improved earnings outlook.
Wall Street analysts issued several high-profile upgrades, led by Netflix (NFLX) raised to Buy with a $110 price target. The move follows a recent selloff and highlights healthy membership trends and resilient pricing power, according to the firm’s research note.
U.S. Bancorp (USB) received two upgrades, including an Outperform rating with a $72 target, up from $65. Analysts cited improving fundamentals, solid balance sheet growth, and effective capital return strategies. Global Payments (GPN) was upgraded to Overweight with a $100 target, up from $65, supported by constructive channel checks on Genuis and Worldpay.
Yeti (YETI) also saw a rating lift to Buy from Neutral, though the new price target was not disclosed. The upgrades reflect broader optimism about earnings trajectories and market positioning amid recent pullbacks.