The firm now has a buy rating on the stock.
Alex Harring is an associate reporter at CNBC.com and CNBC Pro, where he covers markets and investing trends. His reporting spans various themes including finance, commodities, and the food industry, with a focus on topics such as the S&P, AI, cryptocurrency, and the Dow Jones. Alex has been featured in prominent outlets including The West Australian, NBC News, and several NBC stations across the country.