Redburn Atlantic analyst Timm Schulze-Melander initiated coverage of the stock this week with a "buy" rating. The analyst set the price target at $178, implying upside of 21% over the current share price of $147 at the time of writing.

U.S. stocks are edging lower Thursday as the market’s big burst following Donald Trump’s election continues to cool. The S&P 500 was down 0.3% in afternoon trading, though still near its all-time high set on Monday.