Upgrades and downgrades by analysts can have a significant impact on the price of a stock. Stocks like these can be profitable over the short term, but wrong evaluations can result in a loss of capital.
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An analyst’s rating of a stock is divided into three tiers:
Analysts who rate stocks BUY believe the stock will outperform the market. A BUY rating may also be described as overweight or outperform by an analyst.
An analyst rating of “Hold” implies that the stock will perform similarly to the market as a whole. Stocks with a hold rating are not recommended for sale or purchase at this time. Other names for HOLD ratings include Market Perform and Equal Weight.
In a Sell rating, analysts predict a stock’s value will decrease. The majority of analysts like to rate stocks positively or neutrally rather than categorizing them as sells. Additionally, “Sell” ratings can be expressed as “Underweight” or “Underperform”.
Looking at the support for the Norwegian Cruise Line Holdings Ltd (NYSE: NCLH), a number of firms have released research notes about the stock. UBS stated their Neutral rating for the stock in a research note on December 13, 2022, with the firm’s price target at $24-$19. JP Morgan coverage for the Norwegian Cruise Line Holdings Ltd. (NCLH) stock in a research note released on December 06, 2022, offered an Overweight rating with a price target of $30. Credit Suisse was of a view on November 17, 2022, that the stock is Underperform, while UBS gave the stock a Buy rating on October 12, 2022. Truist on their part issued a Buy rating on September 20, 2022.
The shares of Bilibili Inc. (NASDAQ: BILI) have been pegged with a rating of Mkt Perform by Bernstein in its latest research note that was published on December 13, 2022. Bernstein wasn’t the only research firm that published a report on Bilibili Inc., with other equities research analysts also giving their opinion on the stock. UBS advised investors in its research note published on December 08, 2022, to “Buy.” The stock earned a Neutral rating from BofA Securities when it published its report on November 03, 2022. That day BofA Securities set a price target on the stock to $11.50. The stock was given a Neutral rating by Citigroup in its report released on October 27, 2022. Bernstein was of the view that BILI is Underperform in its latest report on October 12, 2022. JP Morgan thinks that BILI is worth an Overweight rating. This was contained in the firm’s report on September 07, 2022, in which the stock’s price target was also moved to 35.
Investment analysts at China Renaissance published a research note on December 13, 2022, where it informed investors and clients that HUYA Inc. (NYSE: HUYA) is now rated as Buy. Their price target on the stock stands at $4.20. Daiwa Securities also rated HUYA as upgraded on November 16, 2022, with its price target of $3.60 suggesting that HUYA could surge by 11.94% from its current share price. Even though the stock has been trading at $2.84/share, analysts expect it to up by 11.62% to reach $3.17/share.