The Latest Breaking News from William Blair

Palantir stock's strong run in 2023 is running into more headwinds with a bearish analyst on PLTR stock raising questions over an Army contract renewal.

Shares of PayPal Holdings Inc (NASDAQ: PYPL) rose in early trading on Thursday, after the company reported its third-quarter (Q3) results

 

Upgrades

Trex Company Inc (NYSE:TREX) has been downgraded to Underperform from Neutral, with a price target of $81 (an upside of 16%) by Exane BNP Paribas analyst Yves Bromehead. Meanwhile, William Blair analyst Ryan Merkel remains a buyer of TREX shares following his meeting with the company's management. Merkel lists several factors, including healthy demand, full contractor backlogs,…

William Blair analyst Ryan Sundby initiated coverage of Mister Car Wash Inc (NYSE:MCW) with an Outperform rating and no price target. Sundby notes Mister Car Wash has become a leader in the U.S. car wash market. The investor specifies that the car wash industry can grow at a mid-single-digit rate. The analyst predicts a significant…