This Starbucks Analyst Turns Bullish; Here Are Top 5 Upgrades For Wednesday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

• Deutsche Bank analyst Brian Mullan upgraded the rating for Starbucks Corporation SBUX from Hold to Buy, while raising the price target from $85 to $118. Starbucks shares gained 24.5% to close at $95.90 on Tuesday. See how other analysts view this stock.
• Barclays analyst Luke Sergott upgraded Illumina, Inc. ILMN from Underweight to Equal-Weight and announced a price target of $125. Illumina shares fell 3.9% to close at $119.72 on Tuesday. See how other analysts view this stock.
• Wedbush analyst Nick Setyan upgraded the rating for Chipotle Mexican Grill, Inc. CMG from Neutral to Outperform, while increasing the price target from $54 to $58. Chipotle shares fell 7.5% to close at $51.68 on Tuesday. See how other analysts view this stock.
• Goldman Sachs analyst Adam Hotchkiss upgraded nCino, Inc. NCNO from Neutral to Buy and booosted the price target from $34 to $42. Ncino shares gained 2.5% to settle at $32.35 on Tuesday. See how other analysts view this stock.
• Baird analyst Ghansham Panjabi upgraded the rating for Ball Corporation BALL from Neutral to Outperform and maintained the price target of $70. Ball shares gained 0.9% to close at $62.58 on Tuesday. See how other analysts view this stock.

Considering buying SBUX stock? Here’s what analysts think:

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