Investing
Top Analyst Upgrades and Downgrades: Beyond Meat, Dun & Bradstreet, Microchip Technology, Skyworks Solutions, SunPower, Texas Instruments and More
March 23, 2021 8:53 am
Last Updated: June 7, 2021 11:08 am
Score Media and Gaming Inc. (NASDAQ: SCR) was started at Credit Suisse with an Outperform rating and a $49 price target. No consensus target was available as the company had a recent initial public offering. The last trade for Monday came in at $27.29. The shares were up big in the premarket, tacking on an additional 9%.
Shoals Technologies Group Inc. (NASDAQ: SHLS) was started with a Buy rating at Johnson Rice, which also put a $43 price target on shares of the solar parts and infrastructure company. The consensus target is $42.30. The stock was last seen on Monday trading at $32.34.
Skyworks Solutions Inc. (NASDAQ: SWKS) was named as the Bull of the Day at Zacks, which pointed out that this company’s cutting-edge chip technology is critical for the ushering out of 5G devices. Shares most recently closed at $179.82 and have a consensus price target of $201.52.
So-Young International Inc. (NASDAQ: SY) saw its target price lowered to $14 from $16 at Needham. The consensus target $15.83. Disappointing results knocked the stock back almost 17% on Monday to a $10.01 close.
SunPower Corp. (NASDAQ: SPWR) was downgraded at Goldman Sachs to Neutral from Buy, and the firm lowered the price target on the solar stock to $32. The consensus target is $31.12. The shares were last seen Monday at $34.44, which was 8% higher on the day.
Sunrun Inc. (NASDAQ: RUN) was raised at Goldman Sachs from Neutral to Buy with a $77 price target. The consensus objective is up at $81.18, and the final print for Monday was reported at $57.38, after an almost 4% gain on the day. Shares followed through in Tuesday’s premarket, adding an additional 3%.
Texas Instruments Inc. (NYSE: TXN) was raised to Buy from Neutral at Longbow. The venerable tech giant has traded in a 52-week range of $96.07 to $181.80 and has a consensus price target of $182.15. The last trade for Monday came in at $180.10, which was up almost 3% for the day.
24/7 Wall St.Five top picks
from the Goldman Sachs America’s Conviction List look poised for great total return potential and less potential volatility in a very overbought stock market.
Monday’s top analyst upgrades and downgrades included Dollar General, DuPont, Dynatrace, Goldfields, Kansas City Southern, Pinterest, Snap and Sunrun.
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