Cars.com Inc. (NYSE: CARS) was named as the Zacks Bear of the Day stock. The firm said that used car prices are spiking, so that should drive traffic to this site, but margins are looking very weak. Shares last closed at $15.17 and have a consensus price target of $15.13.
Clorox Co. (NYSE: CLX) was downgraded to Neutral from Buy at D.A. Davidson, which also lowered the price target on the consumer staples giant to $189. The consensus target is $216.08, and the stock closed at $189.59 on Wednesday.
Darden Restaurants Inc. (NYSE: DRI) saw its price target raised at Goldman Sachs to $153 from $136, and the analyst kept a Buy rating on the restaurant giant. The consensus target is $136.17, and the last trade to hit the tape on Wednesday came in at $141.25.
Five Below Inc. (NASDAQ: FIVE) saw its price target raised at Telsey Advisory to $230 from $220, and the analyst kept an Outperform rating on the shares. The posted consensus target is $208.67, and the stock closed on Wednesday at $196.01.
Infiniti Pharmaceutical Inc. (NASDAQ: INFI) was started with a Buy rating and a $12 price target at Truist Securities. The consensus price objective is just $8, but the stock closed Wednesday at $3.20.
Lumentum Holdings Inc. (NASDAQ: LITE) was downgraded to Neutral from Buy at Rosenblatt, which also lowered the price target to $97. The consensus target is up at $115.50, and Wednesday’s closing share price was $88.41.
Mogo Inc. (NASDAQ: MOGO) was named as the Bull of the Day at Zacks, which said that this fintech name looks like it is ready to break out and another name in the space had a $95 billion valuation. Shares most recently closed at $10.65 but have no consensus price target.
News Corp. (NASDAQ: NWSA) was raised from Neutral to Buy with a $32 price target at Guggenheim. The consensus target for the broadcast news heavyweight is $26.28, and the stock closed trading on Wednesday at $26.35.
Pinduoduo Inc. (NASDAQ: PDD) was downgraded to Neutral from Outperform at Macquarie, which lowered the price target to $157. The consensus target is $173.73, and Wednesday’s closing price was $149.46 per share.
QuantumScape Corp. (NYSE: QS) saw its target price raised to $54 from $48 at Goldman Sachs, which maintained a Neutral rating on the electric vehicle battery company that is backed by Volkswagen and Bill Gates, among others. The posted consensus target is $58.25, and the stock closed above both levels Wednesday at $59.88, after a gain of 5% for the day.