Investing

Apple, Boeing, Nike, Airbnb, DoorDash and More Analyst Picks to Buy Into 2021

DoorDash

Susquehanna started coverage of DoorDash Inc. (NASDAQ: DASH) with a Positive rating and a $185 price objective. D.A. Davidson has a Neutral rating with a $150 price target, and BTIG Research initiated coverage with a Neutral rating. This is another with which the analyst quiet period will end shortly. As one of the most oversubscribed IPOs this year, it doesn’t seem to be the case that analysts would take a negative view on the stock going forward.

DoorDash stock recently fell to a post-IPO low of $141.51. The post-IPO high is $195.50, and the consensus price target is $167.50.

Microsoft

Microsoft Corp. (NASDAQ: MSFT) has benefited from the pandemic as more people are working at home and more software is being sold as a result. By the looks of it, the work-from-home trend will continue into 2021. Citigroup upgraded the shares to Buy from Neutral and raised its target price to $272. Credit Suisse reiterated a Buy rating with a $235 price target. Pritchard Capital upgraded it to a Buy rating from Neutral and raised its price target to $272 from $229. Morgan Stanley reiterated an Overweight rating and raised its price target to $260 from $249.

Wall Street has a $241.21 consensus target, and the share have been trading nearer the 52-week high of $232.86 than the low of $132.52.

Nike

Nike Inc. (NYSE: NKE) saw its target price at Telsey Advisory Group raised to $175. The firm cited yet another strong quarter from the apparel and shoe giant. JPMorgan reiterated a Buy rating with a $170 price target. RBC reiterated a Buy rating with a $160 price target. Credit Suisse reiterated a Buy rating with a $162 price target. Goldman Sachs reiterated a Buy rating with a $164 price target. The $161.03 consensus price objective compares with a recent share price of around $142. The 52-week trading range is $60.00 to $147.95.

Twitter

JPMorgan raised Twitter Inc. (NYSE: TWTR) from Neutral to Overweight with a $65 target price. Oppenheimer reiterated an Outperform rating with a $55 price target. Pivotal Research reiterated a Buy rating with a $64 price target. The consensus target for the social media giant is $44.14. Shares have been trading at $54 or so recently and between $20.00 and $56.11 in the past 52 weeks.

Walmart

RBC Capital Markets upgraded Walmart Inc. (NYSE: WMT) to Buy from Sector Perform and raised the price target on the retail behemoth to $170. Citigroup also reiterated a Buy rating and raised its price target to $172 from $155. BMO Capital markets reiterated a Buy rating and raised its target to $175 from $160. The consensus target is $162.28. Share have retreated from the recent 52-week high of $153.66 to around $145. The 52-week low is $102.00.