Investing
Top Analyst Upgrades and Downgrades: Ally, Apple, Autodesk, Boston Beer, Disney, DocuSign, HP, Masco, Qualcomm, Tyson, Vornado and More
May 28, 2020 8:57 am
Last Updated: July 20, 2021 3:32 pm
Dick’s Sporting Goods Inc. (NYSE: DKS) was reiterated as Neutral at Wedbush, but the firm launched its price target to $33 from $22 in a pre-earnings call ahead of next week’s results. Shares closed up 5.7% at $36.46 on Wednesday, after having been under $30 a week earlier.
Docusign Inc. (NASDAQ: DOCU) was reiterated as Outperform and its price target was raised to $140 from $115 at Wedbush.
EverQuote Inc. (NASDAQ: EVER) was named as the Bull of the Day at Zacks, which said that this stock has some really big growth and margins that are headed in the right direction. Shares most recently closed at $52.12, with a consensus price target of $47.83.
Fortune Brands Home & Security Inc. (NYSE: FBHS) was started with a Neutral rating at Credit Suisse.
HP Inc. (NYSE: HPQ) was downgraded to Neutral from Overweight at JPMorgan, while Morgan Stanley maintained its Equal Weight rating and raised its target to $17 from $16.
IGM Biosciences Inc. (NASDAQ: IGMS) was started as Buy with a $86 price target (versus a $63.30 close) at SunTrust Robinson Humphrey, which noted that the company is on the way to new therapeutic antibodies.
Karuna Therapeutics Inc. (NASDAQ: KRTX) was started with a Buy rating and a $140 price target (versus an $87.97 close) at H.C. Wainwright.
Leggett & Platt Inc. (NYSE: LEG) was reiterated as Strong Buy and its target was raised to $38 from $32 (versus a $33.79 close) at Raymond James.
Masco Corp. (NYSE: MAS) was started as Outperform and a $55 price target (versus a $47.07 close) at Credit Suisse.
Owens Corning (NYSE: OC) was started as Neutral at Credit Suisse.
Qualcomm Inc. (NASDAQ: QCOM) was raised to Overweight from Sector Weight with a $105 target at KeyBanc Capital Markets. The stock closed up 1.6% at $79.29 on Wednesday, with a $90.74 consensus price target.
Ruth’s Hospitality Group Inc. (NASDAQ: RUTH) was reiterated as Outperform and its price target was raised to $11.50 from $11.00 (versus a $9.38 close) at Raymond James.
Stanley Black & Decker Inc. (NYSE: SWK) was started with a Neutral rating at Credit Suisse.
TopBuild Corp. (NYSE: BLD) was started as Outperform and its price target was set at $132 (versus a $124.79 close) at Credit Suisse.
Tyson Foods Inc. (NYSE: TSN) was downgraded to Hold from Buy at Argus.
Vornado Realty Trust (NYSE: VNO) was downgraded to Underweight from Equal Weight at Morgan Stanley.
Walt Disney Co. (NYSE: DIS) was downgraded to Underperform from In-Line and its price target was lowered to $105 from $107 at Imperial Capital.
24/7 Wall St.Wednesday’s top analyst upgrades and downgrades included AMC Entertainment, Apple, Cerence, Chipotle Mexican Grill, Ciena, Dollar Tree, Freshpet, LATAM Airlines, Nio, Peloton Interactive, Ping, Tesla and Walt Disney.
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.
Editors' Picks
