Endava (DAVA) shares fell 2.5% in afternoon trading Friday after JPMorgan downgraded the stock to underweight from neutral and cut its price target to $5 per share from $9 earlier.
Trading volume exceeded 477,000 shares, compared with a daily average of over 357,000.
Price: $3.26, Change: $-0.09, Percent Change: -2.54%
Viking's (VIK) shares were up 1.7% in Friday trading after Truist upgraded the company's stock to buy from hold and raised its price target to $102 from $75.Trading volume stood at over 1.8 million shares against a daily average of roughly 3.2 million.Price: $85.24, Change: $+1.34, Percent Change: +1.60%
Alcoa (AA) shares rose nearly 9% in Friday trading after UBS upgraded the aluminum producer to buy from neutral and raised its price target to $80 from $75.Trading volume stood at over 4.5 million shares compared with a daily average of about 5.5 million shares.Price: $72.07, Change: $+5.80, Percent Change: +8.74%
AutoZone (AZO) is gaining market share by riding on its service and inventory availability, as smaller rivals face heat from higher interest rates, tariffs, and broader macroeconomic challenges, Truist Securities said in a note on Friday.The automotive parts retailer, much like its peer O'Reilly Automotive (ORLY), is also benefiting from a consumer trend of repairing or fixing vehicles rather than purchasing new ones as higher cost-of-living constrain spending, according to the note.The brokerage sees the operating environment for smaller companies to become increasingly difficult over time, while it expects AutoZone's inventory accounting pressures to ease over the next few quarters and operating expense growth to slow down as the company continues to aggressively buy back shares.Truist maintained its buy rating and its price target of $4,045.Price: $3447.58, Change: $+9.40, Percent Change: +0.27%