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WiseRadar, Stocks In Our Radar April 28, 2023

wiseowl by wiseowl
April 28, 2023
in WiseRadar
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U Power Limited Ordinary Shares ($UCAR)

U Power Limited Ordinary Shares (UCAR) saw intraday gains of 6.7% on Thursday. The company focuses on developing, manufacturing, and marketing a variety of consumer products, including home appliances, consumer electronics, and other consumer products. UCAR has seen strong performance in the market, with its stock up nearly 60% year-to-date.

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Bel Fuse Inc. ($BELFB)

Needham maintained their “Buy” rating on Bel Fuse Inc. (BELFB) and raised their price target to $50. The company’s recent acquisitions have increased their product portfolio and improved their profitability. Needham believes that Bel Fuse’s strong financial position and growth opportunities will continue to drive their stock price.

Meta Platforms, Inc. ($META)

Meta Platforms, Inc. (META) is a company that specializes in providing software solutions for financial institutions. The article highlights the company’s impressive growth in 2020, and suggests that the stock could be a great buy for investors looking to capitalize on the upcoming stock market boom in the second half of 2021.

Overstock.com, Inc. ($OSTK)

Overstock.com, Inc. (OSTK) shares were trading lower by 18% on Thursday’s mid-day session due to a wider-than-expected loss in the first quarter. The company also announced plans to cut jobs and reduce its operating expenses in order to improve profitability. Investors remain concerned about the company’s long-term outlook.

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Hasbro, Inc. ($HAS)

BofA Securities upgraded Hasbro, Inc. (HAS) to “Neutral” and raised its price target to $63. The company is benefiting from strong demand for its products, particularly in the U.S. and Europe, as well as cost-cutting initiatives. Hasbro’s focus on digital gaming, content, and consumer products is also seen as a positive.

Vacasa, Inc. ($VCSA)

Vacasa, Inc. (VCSA) is a consumer discretionary stock that has seen intraday gains of over 8%. The company is a full-service vacation rental management platform that offers services such as property management, marketing, and guest experience. It is one of the largest vacation rental management companies in the world.

Fidelity National Information Services, Inc. ($FIS)

Stephens Co. upgraded Fidelity National Information Services, Inc. (FIS) to “overweight” and raised its price target to $75. Analysts cited the company’s strong market position, impressive financial performance, and growth potential. They believe FIS is well-positioned to capitalize on the digital transformation of the financial services industry.

KLA Corporation ($KLAC)

Goldman Sachs has maintained its “Buy” rating on KLA Corporation (KLAC) and raised its price target to $456. The company’s focus on semiconductor and advanced materials markets, along with its high returns, are seen as positive factors. Goldman Sachs believes KLAC is well-positioned to benefit from the current industry recovery.

Fidelity National Information Services, Inc. ($FIS)

Stephens Co. upgraded Fidelity National Information Services, Inc. (FIS) to an “overweight” rating and raised its price target to $75. Analysts praised FIS for its strong market position, strong cash flow, and attractive valuation. They also highlighted the company’s potential for further growth and its potential to benefit from the increasing digitalization of the financial services industry.

AMERISAFE, Inc. ($AMSF)

JMP Securities has reiterated its Market Outperform rating on AMERISAFE, Inc. (AMSF) and maintained its price target of $65. They believe that the company is well-positioned to benefit from the increasing demand for workers’ compensation insurance and has a strong balance sheet. They also expect the company to benefit from the implementation of its strategic initiatives.

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