DoorDash Inc. (NASDAQ: DASH) was the other sizzling IPO that joins the coverage party today:
- BofA Securities with a Neutral rating and a $157 target
- Goldman Sachs at Neutral with a $135 target price
- William Blair with an Outperform rating
- Needham with a Buy rating and another street-high target of $200
- JPMorgan at Neutral with a $160 price target
- JMP as a Market Outperform with a $185 price objective
- Piper Sandler with a Neutral rating and a $150 target
The shares closed at $142.75 and were slightly lower in premarket action.
Expedia Group Inc. (NASDAQ: EXPE) was raised to Buy from Neutral at BofA Securities, which has a $153 price objective. That compares with the much lower $117.17 consensus target and last week’s final trade at $132.40.
Goldman Sachs Group Inc. (NYSE: GS) was raised to Overweight from Equal Weight at Barclays, which has a $362 price objective for the Wall Street powerhouse. The posted consensus target is $275.48. The shares closed at $263.71.
Humana Inc. (NYSE: HUM) was raised from Sector Perform to an Outperform rating with a $478 price target at RBC Capital Markets. The consensus target is $469.38. Shares closed at $410.27.
McDonald’s Corp. (NYSE: MCD) was started with a Neutral rating at Citigroup, which set a $230 price target for the fast-food giant. The consensus target is $241.92, and last week’s final print was $214.58.
Mimecast Ltd. (NASDAQ: MIME) was downgraded to Market Perform from Outperform at BMO Capital Markets, though the firm did raise the price target to $58. The consensus target is $54.56. The stock was last seen at $56.84.
Molson Coors Beverage Co. (NYSE: TAP) was raised from Hold to Buy a $57 price objective at Jefferies. The consensus target is $45.69. The shares were last seen at $45.19.
PubMatic Inc. (NASDAQ: PUBM) had the last of the four IPOs that blazed near the end of 2020 to receive coverage starting today:
- Oppenheimer with an Outperform rating
- RBC Capital Markets also with an Outperform rating, as well as a $34 price target
- KeyBanc Capital Markets as Overweight with a $36 price objective
- JMP Securities with an Outperform rating
- Jefferies with a Buy rating and a street-high $38 target.
The stock closed last at $27.96, and shares were about 2% higher in the premarket.
Restaurant Brands International Inc. (NYSE: QSR) was started with a Buy rating and a $74 price objective at Citigroup. That compares with the $70.50 consensus target and the most recent close at $61.11.
Shopify Inc. (NYSE: SHOP) was named as the Bull of the Day at Zacks, which said that investors who missed out on the run last year shouldn’t be discouraged because the e-commerce age is just getting started. Shares most recently closed at $1,131.95 and have a consensus price target of $1,127.91.
Under Armour Inc. (NYSE: UAA) was raised to Buy from Hold at Pivotal Research Group, which also lifted the price target to $20. That compares with a consensus target of $14.37. The stock ended the week at $17.17.
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