Investing

Top Analyst Upgrades and Downgrades: American Eagle, BigCommerce, Canopy Growth, Energizer, Foot Locker, McAfee, Snap, Square and More

Braskem S.A. (NYSE: BAK) was raised at JPMorgan from Hold to Overweight with a $14 price target. The consensus target is also $14. The shares were last seen on Tuesday trading at $11.19.

Canopy Growth Corp. (NASDAQ: CGC) was downgraded to Underperform from Hold at Jefferies. Shares of the marijuana company have traded in a wide 52-week range of $9.00 to $56.50. No consensus target was available. The shares closed Tuesday at $35.31, down almost 5% on the day.

Energizer Holdings Inc. (NYSE: ENR) was downgraded to Neutral from Buy at Goldman Sachs, which also lowered the price target on the shares to $46. The consensus target for the battery marker is $53.09. The final trade for Tuesday came in at $43.90.

Foot Locker Inc. (NYSE: FL) saw its price target raised to $61 from $46 at Pivotal Research Group. The consensus target for the shoe retailer is $52.89. The stock closed Tuesday at $52.93.

Harley-Davidson Inc. (NYSE: HOG) was named as the Zacks Bear of the Day stock. The firm said that the chopper is going out of style and, unfortunately, leading its progenitor, Harley-Davidson, out with it. Shares last closed at $36.01 and have a consensus price target of $37.11.

Intercontinental Hotels Group PLC (NYSE: IHG) was downgraded to Hold from Buy at Deutsche Bank. The shares have traded in a 52-week range of $25.39 to $75.20 and have a $75 consensus price target. The stock closed on Tuesday at $74.05. Closing near a 52-week high makes this look like a valuation call.


LENSAR Inc. (NASDAQ: LNSR) was started with an Outperform rating and a $20 price target at SVB Leerink. No consensus target was available. The shares closed at $9.50, after jumping almost 19% on Tuesday.

Macy’s Inc. (NYSE: M) saw its target price raised to $16 from $14 at Telsey Advisory Group. The lower consensus target for the venerable retailer is $11.28. Tuesday’s close at $15.88 came after a gain of almost 4% for the day.

McAfee Corp. (NYSE: MCFE) was raised at Deutsche Bank from Hold to Buy with a $23.50 price objective. The consensus objective is $21.50. The closing price on Tuesday was $19.45.

Oak Street Health Inc. (NYSE: OSH) was started with a Buy rating and a $67 price target at Canaccord Genuity. The consensus target is $67.13, and Tuesday’s closing price was $57.17.