Coursera, Lattice Semiconductors, Qualcomm and More Monday Afternoon Analyst Calls
24/7 Wall St. looks at some big analyst calls that we have seen so far on Monday, including Coursera, Discover Financial, Lattice Semiconductors, Qualcomm and Takeda Pharmaceutical.
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
With the trading day about halfway over, the broad markets were pulling back after setting record highs to close out last week. The Nasdaq was getting the worst of the punishment, down over 1%, while the S&P 500 and Dow Jones industrial average were down closer to 0.6%.
24/7 Wall St. is looking at some big analyst calls seen so far on Monday. We have included the latest analyst call on each stock, as well as a recent trading history and the consensus targets among analysts.
For those that might have missed it, 24/7 Wall St. had an earlier round of analyst calls on Monday that included Baker Hughes, Cabot Oil, First Solar, Livent, Sketchers, Vizio, Zynga and more.
Cadence Bancorp. (NYSE: CADE): Keefe Bruyette downgraded it to Market Perform from Outperform. The shares traded near $22 on Monday, in a 52-week trading range of $4.83 to $23.88. The consensus price target is $24.00.
[nativounit]
Coursera Inc. (NYSE: COUR): Berenberg started coverage with a Buy rating and a $60 price target. The stock traded near $42 on Monday, in a 52-week range of $37.80 to $62.53.
Discover Financial Services (NYSE: DFS): BMO Capital Markets downgraded it from Outperform to Market Perform with a $105 price target. The stock traded near $100 on Monday, in a 52-week range of $32.50 to $104.49. It has a consensus price target of $111.89.
Evergy Inc. (NYSE: EVRG | EVRG Price Prediction): Wolfe Research upgraded it to Outperform from Peer Perform and has a $69 price target. On Monday, the stock traded around $63. The 52-week trading range is $48.61 to $65.43. Its consensus analyst target is $63.57.
Lattice Semiconductor Corp. (NASDAQ: LSCC): Susquehanna lowered its Positive rating to Neutral. The shares changed hands around $56 on Monday. The 52-week trading range is $18.46 to $58.38. The consensus price target is $50.60.
Qualcomm Inc. (NASDAQ: QCOM): Susquehanna downgraded it to Neutral from Positive. The consensus price target is $170.81. Shares traded around $135 on Monday, in the 52-week range of $71.75 to $167.94.
Takeda Pharmaceutical Co. Ltd. (NYSE: TAK): JPMorgan dropped its Overweight rating to Neutral. Shares traded around $17 on Monday, in the 52-week range of $15.30 to $20.00. The consensus price target is $22.92.
Trip.com Group Ltd. (NASDAQ: TCOM): The Goldman Sachs upgrade to Buy from Neutral came with a price target raise to $47 from $43. The stock traded around $37 on Monday. The 52-week trading range is $22.35 to $45.19. Its consensus analyst target is $43.46.
[recirclink id=864789]
Five BofA Securities defensive stock picks make sense for investors who are looking to stay in the game but concerned about the lofty multiples across the stock market. These companies should benefit from economic growth through 2021.
Will a fatal crash hurt Tesla stock?
[wallst_email_signup]
Contact [email protected] for any questions or corrections.
Chris Lange is a financial and geopolitical writer with more than a decade of experience covering a myriad of topics. He has published thousands of articles for 24/7 Wall St., with past coverage focused heavily on stocks, IPOs, healthcare, defense, global affairs, and technology.
His work has been quoted, or referenced by a number of outlets including Business Insider, USA Today, Yahoo Finance, MSN, The Motley Fool, and many other publications. A graduate of Southwestern University, he studied business with a focus on investments and has previous experience in banking and startups.
When not reading or writing the news, he is following his passion for Lacrosse, playing chess, or building solar projects with his dad.
