Analysts’ Upgrades for February 13th (AMAT, CHA, FCX, IFF, MCD, MRK, NET, RIVN, ROKU, RYN)

Analysts’ upgrades for Friday, February 13th:

Applied Materials (NASDAQ:AMAT) was upgraded by analysts at Summit Insights from a hold rating to a buy rating.

Chagee (NASDAQ:CHA) was upgraded by analysts at JPMorgan Chase & Co. from an underweight rating to a neutral rating. JPMorgan Chase & Co. currently has $11.50 price target on the stock.

Freeport-McMoRan (NYSE:FCX) was upgraded by analysts at Argus from a hold rating to a buy rating.

International Flavors & Fragrances (NYSE:IFF) was upgraded by analysts at Oppenheimer Holdings, Inc. from a market perform rating to an outperform rating. Oppenheimer Holdings, Inc. currently has $97.00 price target on the stock.

McDonald’s (NYSE:MCD) was upgraded by analysts at Argus from a hold rating to a buy rating. The firm currently has $380.00 target price on the stock.

Merck & Co., Inc. (NYSE:MRK) was upgraded by analysts at Deutsche Bank Aktiengesellschaft from a hold rating to a buy rating. The firm currently has $150.00 price target on the stock.

Cloudflare (NYSE:NET) was upgraded by analysts at DZ Bank AG from a hold rating to a buy rating. DZ Bank AG currently has $215.00 price target on the stock.

Rivian Automotive (NASDAQ:RIVN) was upgraded by analysts at Deutsche Bank Aktiengesellschaft from a hold rating to a buy rating. The firm currently has $23.00 target price on the stock, up from their previous target price of $16.00.

Roku (NASDAQ:ROKU) was upgraded by analysts at Rosenblatt Securities from a neutral rating to a buy rating. The firm currently has $118.00 target price on the stock, up from their previous target price of $106.00.

Rayonier (NYSE:RYN) was upgraded by analysts at Raymond James Financial, Inc. from an outperform rating to a strong-buy rating. They currently have $28.00 price target on the stock, up from their previous price target of $26.00.

SPX Technologies (NYSE:SPXC) was upgraded by analysts at Bank of America Corporation from a neutral rating to a buy rating. Bank of America Corporation currently has $280.00 target price on the stock, up from their previous target price of $240.00.

Synchrony Financial (NYSE:SYF) was upgraded by analysts at Robert W. Baird from a neutral rating to an outperform rating. The firm currently has $83.00 target price on the stock.

Vertex Pharmaceuticals (NASDAQ:VRTX) was upgraded by analysts at Oppenheimer Holdings, Inc. from a market perform rating to an outperform rating. The firm currently has $540.00 target price on the stock.

Wells Fargo & Company (NYSE:WFC) was upgraded by analysts at Robert W. Baird from an underperform rating to a neutral rating. Robert W. Baird currently has $85.00 target price on the stock.

Williams Companies (NYSE:WMB) was upgraded by analysts at Scotiabank from a sector perform rating to a sector outperform rating. The firm currently has $84.00 price target on the stock, up from their previous price target of $66.00.

Warner Music Group (NASDAQ:WMG) was upgraded by analysts at Scotiabank from a sector perform rating to a sector outperform rating.