Spirit Airlines Inc. (NASDAQ: SAVE) was downgraded to Hold from Buy at Vertical Research, which has a $34 price target. The consensus target is $26.43. The stock closed Wednesday at $32.68, up over 4% on the day. Shares were down almost 7% in the premarket after the deep discount carrier posted a fourth-quarter loss and missed revenue estimates.
Twitter Inc. (NYSE: TWTR) was raised from Sell to Neutral with a $55 price target at MoffettNathanson. The consensus target is $57.82. The shares closed way above both levels Wednesday at $67.77, after rising more than 13% in the wake of stellar results for the fourth quarter.
UDR Inc. (NYSE: UDR) was upgraded to Neutral from Underweight at Piper Sandler, which raised the price target to $44. The consensus target is lower at $41, and the shares closed Wednesday at $41.73.
Under Armour Inc. (NYSE: UAA) was upgraded to Overweight from Neutral at Piper Sandler, which raised the price target to $28. The consensus target is $19.28. The last trade for Wednesday came in at $22.45, up over 8% for the day after a solid fourth-quarter report.
Western Union Co. (NYSE: WU) was raised at Wells Fargo from Underweight to Equal Weight with a $25 price target. The consensus target is $24.28, and shares were last seen on Wednesday at $23.47.
Goldman Sachs has raised the price targets on stocks of some companies that delivered the goods in a big way during earnings season and still look to have some very solid upside potential. These four remain great ideas for aggressive growth investors.
Be sure to check out the world’s least admired companies and America’s biggest companies that did not exist a decade ago.
Wednesday’s early top analyst upgrades and downgrades included Akamai Technologies, Avaya, Canopy Growth, Corsair Gaming, Skyworks Solutions and Virgin Galactic. Analyst calls seen later in the day were on Barrick, Lyft, Nordstrom, Twitter and more.
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