CarGurus Inc. (NASDAQ: CARG) was raised to Market Perform from Underperform with a $34 price target at Raymond James. The consensus target is $34.72, and Wednesday’s close was at $24.18, after pulling back over 4% on the day. Shares rebounded in the premarket, up almost 4%.
F5 Networks Inc. (NASDAQ: FFIV) was downgraded at Credit Suisse from Outperform to Neutral with a $207 price target. The consensus target is $219.47. The shares closed Wednesday at $210.90.
HubSpot Inc. (NYSE: HUBS) was resumed in coverage at BofA Securities with a $600 price target. The consensus price objective is $566.19, and the shares ended Wednesday at $485.
L3Harris Technologies Inc. (NYSE: LHX) was downgraded to Neutral from Buy at Goldman Sachs, where the analysts have a $208 price target for the aerospace and defense giant. The posted consensus target is $224.56, and Wednesday’s last trade came in at $208.65.
MSC Industrial Direct Co. Inc. (NYSE: MSM) was upgraded to Overweight from Equal Weight at Wells Fargo, which also raised the price target to $105. The consensus target is lower at $91.71, and the stock closed Wednesday at $86.65, down almost 6% for the day. The shares bounced back over 3% in the premarket.
NXP Semiconductors N.V. (NASDAQ: NXPI) was downgraded to Equal Weight from Overweight at Morgan Stanley, though the firm raised the price target to $213. The consensus target is $206.08, and Wednesday’s closing share price was $212.14.
SeaSpine Holdings Corp. (NASDAQ: SPNE) was upgraded to Overweight from Equal Weight at Wells Fargo, which raised the price target to $24. The posted consensus target is $26.03. The last trade on Wednesday was reported at $30.35.
Sonoco Products Co. (NYSE: SON) was downgraded at Wells Fargo from Overweight to Equal Weight with a $69 price target. The consensus target is $64.86, and the shares closed at $63.97 on Wednesday.
Splunk Inc. (NASDAQ: SPLK) was resumed in coverage at BofA Securities with a Buy rating and a $180 price target. The higher consensus target for the big data giant is $193.62, and the most recent closing price was $138.79.
Textron Inc. (NYSE: TXT) was upgraded to Buy from Neutral at Goldman Sachs, which raised the price target to $71. The much lower consensus target is $53. Wednesday’s final print was $57.07 per share.
TJX Companies Inc. (NYSE: TJX) was named as the Zacks Bear of the Day stock. The firm said that after a tough 2020, this discount retailer likely will feel the impact of COVID-19 for a while longer. Shares last closed at $67.78 and have a consensus price target of $76.52.
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