FLIR Systems Inc. (NASDAQ: FLIR) closed down almost 18% at $44.42 on Thursday. SunTrust Robinson Humphrey downgraded it to Hold from Buy with a $50 target price (versus a $44.43 close). Needham maintained its Buy rating and lowered its target to $50 from $56. Robert W. Baird downgraded it from Outperform to Neutral.
Gilead Sciences Inc. (NASDAQ: GILD) has seen its shares run higher on hopes that its remdesivir can help mute or cure the coronavirus. A firm called DZ Bank in Germany downgraded the share to Hold from Buy.
Harpoon Therapeutics Inc. (NASDAQ: HARP) was started as Buy with a $31 target price (versus a $14.73 close) at SunTrust, effectively giving it more than 100% implied upside despite the market sell-off.
Lyft Inc. (NASDAQ: LYFT) was started as Overweight with a $55 target price at KeyBanc Capital Markets. The stock was down 5.2% at $37.78 a share on Thursday, as the market is punishing companies that have to move people around in the public.
Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) was downgraded to Hold from Buy at Deutsche Bank. It was down 4% at $34.74 on Thursday, and that is down from $59.65 on January 17 before the coronavirus news began to really take off.
Novavax Inc. (NASDAQ: NVAX) was up 28% to $11.80 on Thursday and was indicated up 25% at $14.75 on Friday, as it is a potential coronavirus winner. B. Riley FBR reiterated its Buy rating and raised its target price to $16 from $12.
NRG Energy Inc. (NYSE: NRG) was maintained as Buy and the target price was lowered to $44 from $48 (versus a $34.50 close) at UBS.
Royal Bank of Scotland Group PLC (NYSE: RBS) closed down 4.7% at $4.68 on Thursday and was indicated down another 2% at $4.58 on Friday morning. Merrill Lynch raised it to Neutral from Underperform.
Sabre Corp. (NASDAQ: SABR) was down another 10% at $14.50 on Thursday, even after the earlier drop after earnings this week. Mizuho maintained it as Buy but slashed its target price to $18.50 from $27.00.
Six Flags Entertainment Corp. (NYSE: SIX) was named as the Zacks Bear of the Day stock. The firm said that this roller-coaster of a stock is still headed lower. Shares last closed at $25.84, with a consensus analyst target of $36.64.
Trade Desk Inc. (NASDAQ: TTD) was reiterated as Buy with a $305 target price (versus a $250.01 pre-earnings close) at SunTrust. Wells Fargo raised it to Overweight from Equal Weight with a $310 target price.
Uber Technologies Inc. (NYSE: UBER) was down 5.8% at $32.45 on Thursday, as the stocks that move you around the public are taking a hit in the sell-off. KeyBanc Capital Markets started Uber as Overweight with a $48 target price.
Zoom Video Communications Inc. (NASDAQ: ZM) was maintained as Equal Weight but the target price was raised to $90 from $85 at Morgan Stanley. The stock was up 6% at $113.55 per share on Thursday, as it could benefit from companies on-boarding its services faster if we enter the stay-at-home economy.
Thursday’s top analyst upgrades and downgrades included AbbVie, Biogen, Cree, Etsy, Gilead Sciences, Pfizer, Rite Aid, Solar Edge, Square, 3D Systems, Virgin Galactic and many more.
Sponsored: Tips for Investing
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.