Boeing, Cisco, Nikola, Oracle and More Friday Afternoon Analyst Calls
24/7 Wall St. looks at some big analyst calls that we have seen so far on Friday, including Boeing, Cisco, Nikola, Oracle and more.
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With the trading day about halfway over, the broad markets pushed lower after a decent start to the day. This week has been full of ups and downs for each of the major averages, but it could to be closing out in the red.
24/7 Wall St. is looking at some big analyst calls that we have seen so far on Friday. We have included the most recent analyst call on each stock, as well as a recent trading history and the consensus targets among analysts.
For those that might have missed it, 24/7 Wall St. had an earlier round of analyst calls on Friday that included Costco, Smith & Wesson, Western Digital and more.
Boeing Co. (NYSE: BA | BA Price Prediction) was upgraded by Canaccord Genuity to a Buy rating from Hold and its price target was raised to $275 from $200. Shares traded near $217 on Friday. The 52-week trading range is $89.00 to $264.29. The consensus price target is $229.27.
Cisco Systems Inc. (NASDAQ: CSCO) was upgraded by JPMorgan to Overweight from Neutral, and its price target was raised to $55 from $50. The stock was last seen near $46 a share. The 52-week trading range is $32.40 to $49.34, and the consensus price target is $51.10.
Comerica Inc. (NYSE: CMA) was downgraded to Neutral from Buy at B. Riley Securities. Shares were trading below $68. The stock has changed hands within a 52-week range of $24.28 to $73.73, and it has a consensus price target of $65.57.
Seres Therapeutics Inc. (NASDAQ: MCRB) was upgraded to Buy from Neutral with a $30 price target at Chardan Capital Markets. The shares traded near $17. The 52-week range is $2.52 to $38.50, and analysts have a consensus price target of $37.50.
Niu Technologies (NASDAQ: NIU) was initiated with an Outperform rating at Daiwa Securities. The stock traded near $31 on Friday, in a 52-week range of $6.08 to $53.38. It has a consensus price target of $40.43.
Nikola Corp. (NASDAQ: NKLA) was upgraded to Overweight from Neutral but its price target dropped to $30 from $33 at JPMorgan. The consensus price target is $27.00. Shares traded around $14 on Friday, in a 52-week range of $10.42 to $93.99.
Quantum Corp. (NASDAQ: QMCO) was initiated with an Outperform rating at Northland Capital. The stock traded near $8 on Friday. The 52-week trading range is $1.26 to $9.41. Analysts have a consensus price target of $11.25.
Oracle Corp. (NYSE: ORCL) was upgraded by Barclays to Overweight from Equal Weight and its price target was raised to $80 from $66. The consensus price target is $66.78. Shares traded around $70 on Friday, in the 52-week range of $39.71 to $70.22.
PetMed Express Inc. (NASDAQ: PETS) was upgraded by Sidoti to Buy from Neutral. Early Friday, the stock traded near $32. The 52-week range is $21.20 to $57.00, and the consensus price target.
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Chris Lange is a financial and geopolitical writer with more than a decade of experience covering a myriad of topics. He has published thousands of articles for 24/7 Wall St., with past coverage focused heavily on stocks, IPOs, healthcare, defense, global affairs, and technology.
His work has been quoted, or referenced by a number of outlets including Business Insider, USA Today, Yahoo Finance, MSN, The Motley Fool, and many other publications. A graduate of Southwestern University, he studied business with a focus on investments and has previous experience in banking and startups.
When not reading or writing the news, he is following his passion for Lacrosse, playing chess, or building solar projects with his dad.
