By Davit Kerakossian
Today, several brokerages have upgraded shares of three companies, including Chegg (NYSE:), Planet Fitness (NYSE:), and Unilever (NYSE:). Below, we have provided details of each upgrade:
Needham & Company has upgraded Chegg to Buy from Hold with a target price of $28.00. According to analysts, the company is well positioned to report an upside to a conservative outlook, given its analysis of Chegg’s guidance assumptions for the third quarter and fiscal 2022 along with its forecasts for Fall 2022 registration expectations.
Raymond James has upgraded Planet Fitness to a solid buy from Market Perform with a target price of $70.00.
Berenberg upgrades Unilever NV to buy from Hold and raises target price to EUR55.50 from EUR46.50.