Investing
Top Analysts Upgrades and Downgrades: Amex, BlackBerry, BP, CrowdStrike, Noble Midstream, Waste Management, Zscaler and More
February 16, 2021 8:54 am
Last Updated: August 9, 2021 12:25 pm
BlackBerry Ltd. (NYSE: BB) was downgraded to Sell from Hold at Canaccord Genuity. The shares have traded in a wide 52-week range of $2.70 to $28.77 and have a $7.44 consensus target. The stock has been a target of the Reddit legion of traders, and it closed Friday at $13.04.
Blackline Inc. (NASDAQ: BL) was upgraded to Neutral from Sell at Goldman Sachs, which raised the price target to $137. The consensus target is $145.75. The stock was last seen on Friday trading at $133.47, and that was down over 11% for the day, despite posting strong earnings.
BP PLC (NYSE: BP) was raised from Underperform to Sector Perform with a $28 price target at Scotiabank. The consensus target for the integrated energy giant is $27.82. The shares closed Friday at $21.91, up almost 3% for the day.
Centene Corp. (NYSE: CNC) was named as the Zacks Bear of the Day stock. The firm said that this health care plan provider is hoping some recent acquisitions will kick-start its recovery after a difficult 2020. Shares last closed at $59.20 and have a consensus price target of $80.74.
Ceridian HCM Holding Inc. (NASDAQ: CDAY) was upgraded to Outperform from Market Perform at BMO Capital Markets, which also raised the price target to $115. The lower target is $107.80, and a Friday’s close was at $97.71.
ContextLogic Inc. (NYSE: WISH) was raised to Buy from Hold at Loop Capital. Since the recent red-hot IPO, the stock has traded between $17.41 and $32.85 a share. It also has a $26 consensus price target. The last trade for Friday hit the tape at $27.45, down almost 3% on the day.
CrowdStrike Holdings Inc. (NASDAQ: CRWD) was started with a Buy rating and a $280 price target at Canaccord Genuity. The consensus target for the cybersecurity software leader is $220.15. Friday’s last trade was reported at $242.10, up over 3%.
Extraction Oil & Gas Inc. (NYSE: XOG) was raised at Wells Fargo from Underweight to Overweight with a $38 price objective. The consensus target price is $32.65. The stock closed on Friday at $31.80.
Futu Holdings Ltd. (NASDAQ: FUTU) was started at Morgan Stanley with an Overweight rating and a $253 price target. That compares with the much consensus target of $86.95 and a Friday close of $147.57, which was down over 6%. The shares were up 6% in the premarket trading.