Investing
Top Analyst Upgrades and Downgrades: Accenture, Coca-Cola, Fastly, First Solar, Lemonade, Marvell, Peloton, Target and More
March 8, 2021 8:52 am
Last Updated: August 10, 2021 1:08 pm
Bloom Energy Corp. (NYSE: BE) was raised at Credit Suisse from Neutral to Outperform with a $35 target price. The consensus target is $32.06, and the shares closed at $25.61 after slipping almost 4% on Friday.
Cable One Inc. (NASDAQ: CABO) was raised from Hold to Buy with a $2,100 target at Truist Securities, while the analysts at Raymond James upgraded it from Market Perform to Outperform with a $2,025 price objective. The consensus target is $2,007.67, and the stock ended Friday’s trading at $1,800 a share.
Carter’s Inc. (NYSE: CRI) was named as the Zacks Bear of the Day stock. The firm said that this niche retailer is stuck and it ponders whether investors should wait for a catalyst. Shares last closed at $85.20, and the consensus price target is $96.75.
Coca-Cola Co. (NYSE: KO) was upgraded to Outperform from Sector Perform at RBC Capital Markets, which raised the price target on the venerable soft drink company to $60. The consensus target is $57.37, and Friday’s final trade came in at $50.79 a share.
DTE Energy Co. (NYSE: DTE) was downgraded to Neutral from Buy at BofA Securities, and the firm lowered the price target to $119. The consensus target for the utility is $137.25, and the stock closed on Friday at $123.16.
Eaton Corp. PLC (NYSE: ETN) was raised from Hold to Buy with a $160 price target at Berenberg. That compares with a lower consensus target of $139.67 and Friday’s closing share price of $137.39.
First Solar Inc. (NASDAQ: FSLR) was raised at Credit Suisse from Underperform to Neutral with a $70 price target. The consensus target is up at $88.36, and the stock was last seen on Friday trading at $73.70.
Icon PLC (NASDAQ: ICLR) was raised to Outperform from Neutral at Baird, where the analysts have a $215 price target. The consensus target is $224.15, and the shares ended Friday at $179.83 a share.
Lemonade Inc. (NYSE: LMND) was raised at Oppenheimer from Perform to Outperform with a $110 price target. That compares with the $107.20 consensus target and Friday’s closing print of $92.90, which was down over 3% for the day.
Marvell Technology Group Ltd. (NASDAQ: MRVL) was upgraded to Outperform from Market Perform at BMO Capital Markets, which also raised the price target to $50. The consensus target is slightly higher at $53.79, and the stock saw an almost 4% gain on Friday and closed at $41.51.
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