Investing

Friday's Top Analyst Upgrades and Downgrades: BP, Comcast, Coinbase, Cisco, Editas, FuelCell, Splunk, United Airlines and More

Dicerna Pharmaceuticals Inc. (NASDAQ: DRNA): Goldman Sachs started it with a Buy rating and a $48 price target. The consensus target is $37.25. Thursday’s final print was posted at $28.53.

D.R. Horton Inc. (NYSE: DHI): Wells Fargo started it with a $93 price target and an Overweight rating. Shares last closed at $93.05 and have a consensus price target of $96.47.

Editas Medicine Inc. (NASDAQ: EDIT): Goldman Sachs initiated coverage with a Sell rating and a $20 price target. The posted consensus target is $53.57, and the shares closed Thursday at $40.98.

FuelCell Energy Inc. (NASDAQ: FCEL): B. Riley resumed coverage with a Neutral rating and an $11 price target. The consensus target is $12.74, and Thursday’s close was at $9.66.

Goodyear Tire & Rubber Co. (NASDAQ: GT): Morgan Stanley downgraded it to Equal Weight from Overweight. Shares recently traded at $17.90, with a consensus price target of $17.86. The 52-week range is $5.73 to $19.38.

KB Home (NYSE: KBH): Wells Fargo started coverage with an Overweight rating and a $55 price target. Analysts have a consensus price target of $52.90, and the stock last closed at $48.08.

Lennar Corp. (NYSE: LEN): Wells Fargo started it at Equal Weight rating with a $112 price target. The consensus target is $108.92, and the shares closed Thursday at $102.92.

Micron Technology Inc. (NASDAQ: MU): Zacks has named this as the Bull of the Day, saying that the tech company beat its already-raised outlook for its second-quarter results, and Wall Street drove the stock to new highs. Shares most recently closed at $90.27 and have a consensus price target of $113.57.

Splunk Inc. (NASDAQ: SPLK): The KeyBanc Capital Markets Overweight rating was lowered to Sector Weight. The consensus target is $193.45, and the stock ended trading on Thursday at $148.38.

Sunrun Inc. (NASDAQ: RUN): Piper Sandler upgraded it from Neutral to Overweight with a $77 price target. The consensus price target is $81.17. The stock closed on Thursday at $47.20.

United Airlines Holdings Inc. (NASDAQ: UAL): Argus upgraded the shares from Hold to Buy with a $66 price target. That compares with a consensus target of $59.59 and Thursday’s close of $56.12.

Workhorse Group Inc. (NASDAQ: WKHS): B. Riley started coverage with a Buy rating and has a $20 price target. The consensus target is $19.40, and Thursday’s final trade came in at $11.65 a share.

The semiconductor capital equipment industry looks poised to continue massive growth this year and next. Four top companies are executing well, and their stocks still have very solid upside to the Goldman Sachs price targets.

Note that alternative energy stocks seem to be winning favor with analysts again.

Thursday’s early top analyst upgrades and downgrades included Abbott Laboratories, Anheuser-Busch Inbev, Coinbase, CrowdStrike, General Motors, Hershey, Medtronic and UPS. Analyst calls seen later in the day were on AMD, Boston Scientific, Intel, Nvidia and more.