Two Wall Street Upgrades Just Sent $P Back Above $100

Trend_Radar
09-18 20:17

$Everpure(P)$

$Everpure(P) Surged +6.54% to $103.99: AI Storage Leader Reclaims $100, Breakout Toward $107 Resistance in Play

๐Ÿ“Š Latest Close Data P closed at $103.99, up +6.54% (+$6.38) on Sept 18, 2026. The stock sits just 12.7% below its 52-week high of $119.10 and well above the 52-week low of $56.78. Intraday range: $99.65โ€“$104.45.

๐Ÿ”ฅ Core Market Drivers BofA upgraded Everpure to Buy with a PT of $150 (from $90), citing strong AI storage momentum. Morgan Stanley also lifted the stock to Overweight with a $108 target. The company recently secured its second hyperscaler design & supply agreement, reinforcing its all-flash data center leadership.

๐Ÿ“ˆ Technical Analysis

  • Volume: 3.24M shares traded (Volume Ratio 1.26), showing above-average participation.

  • RSI(6): jumped to 65.6, exiting the neutral zone and confirming bullish momentum without being overbought.

  • MACD: DIF (1.06) still below DEA (2.51), but the histogram narrowed sharply to -0.90, signaling a potential bullish crossover forming.

  • KDJ: K-line crossed above D-line with J-value spiking to 90.6, indicating strong short-term upward impulse.

๐ŸŽฏ Key Price Levels

  • Primary Support: $75.67 (Sept 16 swing low)

  • Immediate Pivot: $100.05 (today's open, now reclaimed as support)

  • Strong Resistance: $106.96 (Sept 16 high) โ€” a break above opens path to $114โ€“$119

๐Ÿ’Ž Valuation Perspective P/E (TTM): 143.4 โ€” elevated, but Forward P/E at 35.1 sits above its 6-month average of 32.1, reflecting growth expectations. P/S (TTM): 8.10, P/B: 22.42.

๐Ÿฆ Analyst Targets 18 analysts cover P: 6 Strong Buy, 12 Buy, 1 Hold, 2 Underperform. Average target: $128.97 (range $80โ€“$170), implying ~24% upside from current levels.

๐Ÿ“… Weekly Outlook Expect consolidation between $99.65 (weekly pivot) and $106.96 (resistance). A breakout above $107 targets $114.94 (post-earnings high) then $119.10 (52-wk high). Failure to hold $100 triggers retest of $93.80 support zone.

โš ๏ธ Risk Disclaimer This analysis is for informational purposes only and does not constitute investment advice. Markets involve risk. Always do your own research before trading.

๐ŸŽฏ $Everpure(P) Options Strategy๏ผšBull Call Spread

  • Underlying: Everpure (P)

  • View: Modestly bullish with breakout momentum; RSI(6) at 65.6 confirms upward impulse without overbought conditions; KDJ golden cross and narrowing MACD histogram support short-term continuation toward $107โ€“$110 resistance.

  • Strategy Type: Debit Spread (Long Call Vertical)

  • Option Contract Portfolio:

    • Buy to Open: P 2026-10-16 $100 Call @ $9.65 mid (bids $9.30 / asks $10.00)

    • Sell to Open: P 2026-10-16 $110 Call @ $5.10 mid (bids $4.80 / asks $5.40)

  • Max Gain & Loss:

    • Max Gain = ($110 โˆ’ $100 โˆ’ $4.55) ร— 100 = $545 per contract

    • Max Loss = Net Debit ร— 100 = $455 per contract

  • Initial Cost/Credit: Net Debit โ‰ˆ $4.55 per share ($455 per contract)


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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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