BP, Conagra, Mattel, Pepsi, UnitedHealth and More Wednesday Afternoon Analyst Calls
24/7 Wall St. looks at some big analyst calls that we have seen so far on Wednesday, including BP, Conagra Brands, Mattel, Norwegian Cruise Line, PepsiCo and UnitedHealth.
With the trading day roughly halfway over, the broad markets were pushing higher for the first time this week. After suffering about a 1% loss across the board, the Dow Jones industrial average, Nasdaq and S&P 500 all bounced back in Wednesday’s session.
24/7 Wall St. is looking at some big analyst calls seen so far on Wednesday. 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 Wednesday that included AutoZone, Coinbase, CSX, Morgan Stanley, Netflix, Oracle and more.
Aclaris Therapeutics Inc. (NASDAQ: ACRS): H.C. Wainwright initiated coverage with a Buy rating and a $40 price target. The shares traded near $27 on Wednesday, in a 52-week trading range of $1.02 to $30.38. The consensus price target is $29.33.
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BP PLC (NYSE: BP | BP Price Prediction): Deutsche Bank started coverage with a Hold rating. The stock traded near $25 on Wednesday, in a 52-week range of $14.74 to $28.57. The consensus analyst target is $30.55.
Conagra Brands Inc. (NYSE: CAG): Citigroup initiated it with a Neutral rating and a $42 price target. The stock traded near $38 on Wednesday, in a 52-week range of $31.66 to $39.34. It has a consensus price target of $38.53.
Jack in the Box Inc. (NASDAQ: JACK): Deutsche Bank lowered its Buy rating to Hold and has a $119 price target. On Wednesday, the stock traded around $116. The 52-week trading range is $52.83 to $121.81. Its consensus analyst target is $115.06.
Mattel Inc. (NASDAQ: MAT): Berenberg upgraded it to a Buy rating from Hold and raised its price target to $25 from $14. The shares changed hands around $21 on Wednesday. The 52-week trading range is $7.54 to $21.87. The consensus price target is $21.51.
Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH): The Goldman Sachs upgrade to Buy from Neutral included a price target hike to $37 from $27. The consensus price target is $30.91. Shares traded around $28 on Wednesday, in the 52-week range of $9.24 to $34.49.
PepsiCo Inc. (NASDAQ: PEP): UBS upgraded it to Buy from Neutral and raised its price target to $165 from $145. Shares traded around $147 on Wednesday, in the 52-week range of $126.53 to $148.77. The consensus price target is $153.73.
UnitedHealth Group Inc. (NYSE: UNH): Argus upgraded its Hold rating to Buy and has a $450 price target. The stock traded around $397 on Wednesday. The 52-week trading range is $273.71 to $401.48. Its consensus analyst target is $429.65.
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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.
