Molson Coors Beverage Co. (NYSE: TAP) was named as the Zacks Bear of the Day stock. The firm said that this alcoholic beverage giant is still feeling the impacts of COVID-19 and weak demand. Shares last closed at $46.63 and have a consensus price target of $48.36.
NV5 Global Inc. (NASDAQ: NVEE) was started with an Outperform rating and a $115 price target at Baird. The consensus target is slightly higher at $116.92. The stock was last seen Friday trading at $91.09.
Physicians Realty Trust (NYSE: DOC) was raised at Morgan Stanley to Overweight from Equal Weight with a $20 price target. The consensus price objective is $19.75. The closing price on Friday was $18.08 a share.
PubMatic Inc. (NASDAQ: PUBM) was started with a Neutral rating at Cannonball Research. The shares have traded in a 52-week range of $22.42 to $76.96 and have a $61 consensus price target. Friday’s close was at $57.32.
Unity Software Inc. (NYSE: U) was started at Goldman Sachs with a Buy rating and a $126 price target. The consensus target of $140.82 is much higher, and Friday’s closing price was $105.70.
ViacomCBS Inc. (NASDAQ: VIAC) was downgraded to Underperform from Market Perform at BMO Capital Markets, which has a $70 price target for the broadcast and programming leader. The consensus target is down at $51.84. The stock closed Friday at $94.94, after rising over 10% for the day, but shares were down over 3% in Monday’s premarket.
Westlake Chemical Corp. (NYSE: WLK) was downgraded at Deutsche Bank from Buy to Hold with a $102 price target. That compares with an $89.12 consensus target and Friday’s $94.64 closing trade.
The specter of rising interest rates keeps buffeting the stock market. However, five stocks may see little to no negative impact from rising interest rates and they are rated Buy at BofA Securities.
Friday’s early top analyst upgrades and downgrades included AerCap, Barclays, Denny’s, DocuSign, Intercontinental Hotels, Lennar, Luminar Technologies and Quest Diagnostics. Analyst calls seen later in the day were on Nielsen, Nordstrom, PayPal and more.