Wall Street analysts say these stocks have upside potential

  • 📰 CNBC
  • ⏱ Reading Time:
  • 75 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

CNBC did a deep dive through the most recent Wall Street research to find stocks with upside potential.

Toy maker Hasbro has "40%+ stock appreciation potential," Jefferies analyst Stephanie Wissink said in a note to clients this week.

The combination of the company's strong growth in digital gaming along with the recently acquired independent studio, Entertainment One makes for, "two powerful, higher-margin engines," Jefferies said.Energizer Holdings was the recipient of a rare double upgrade by analysts at Bank of America earlier this week. The firm also raised its price target on the manufacturer of batteries to $48 from $35 for a 20% "potential upside.

"Our prior rating of Underperform had been premised on our view that Auto Care challenges would take longer to remedy and that Battery cannibalization would be more onerous than the market had previously priced in," they said.Investor meetings between Visteon Corp. management and analysts has left analysts at Citi feeling slightly more bullish on the automotive electronics supplier.

While the firm is keeping its neutral rating on the company for now, it did add the stock to the "90-Day Catalyst Watch List" and looks forward to its guidance for the second half of the year. "We walked away feeling better about Visteon's ability to deliver H2 guidance," analyst Itay Michaeli said. "If Visteon can execute to its prior H2 guidance it would likely bolster confidence in the multi-year growth/margin story."Here's what else analysts are saying about stocks with upside:"We upgrade ENR to Buy from Underperform and raise our PO to $48 for 20% potential upside.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines