Wall Street Upgrades 6 Small-Cap Stocks, Led by Bitdeer’s 58% Upside
Updated
Updated · CNBC · Aug 5
Wall Street Upgrades 6 Small-Cap Stocks, Led by Bitdeer’s 58% Upside
3 articles · Updated · CNBC · Aug 5
Summary
More than six sub-$30 billion stocks won analyst upgrades this week, with Bitdeer, Kratos Defense, e.l.f. Beauty, Advanced Energy, Versigent and Coupang among the names flagged for further gains.
Bitdeer carried the biggest implied upside at 58% after Cantor raised its rating to overweight and lifted its target to $18, citing a nearly $5 billion AI and high-performance computing services deal that drew only a muted share reaction.
Kratos was upgraded to overweight with a $75 target implying nearly 45% upside, while Bernstein lifted e.l.f. Beauty to outperform and more than doubled its target to $113 on expectations its new haircare line can add about $210 million in annual sales.
Advanced Energy won a buy rating and a $410 target implying 20% upside on stronger semiconductor and datacenter demand, while RBC upgraded Versigent after its April spinout and Deutsche Bank turned bullish on Coupang despite rebuild costs after last year's data breach.
The calls span technology, consumer and industrial names, underscoring a broader Wall Street push into smaller stocks where analysts see growth catalysts not yet fully reflected in share prices.