Investing
Alphabet, Aurora Cannabis, NXP Semiconductors and More Wednesday Afternoon Analyst Calls
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With the trading day about halfway over, the broader markets were somewhat mixed. The S&P 500 briefly hit an all-time high and quickly pulled back just after the open. The Dow Jones industrials and Nasdaq each were sliding lower on the day as well.
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 AMD, Canopy Growth, Chubb, Credit Suisse, Fastly, Lemonade, Mattel and more.
Acushnet Holdings Corp. (NYSE: GOLF): Compass Point upgraded it to a Neutral rating from Sell and raised its price target to $42 from $29. The shares traded near $43 on Wednesday, in a 52-week trading range of $25.94 to $47.67. The consensus price target is $44.14.
Alphabet Inc. (NASDAQ: GOOGL): Monness Crespi & Hardt reiterated a Buy rating and raised its price target to $3,000 from $2,500. The consensus price target is $2,426.55. Shares traded around $2,386 on Wednesday, in the 52-week range of $1,296.01 to $2,431.38.
Aurora Cannabis Inc. (NYSE: ACB): BofA Securities resumed coverage with a Neutral rating and a $12 price target. The stock traded near $9 on Wednesday, in a 52-week range of $3.71 to $19.68.
Cellectis S.A. (NASDAQ: CLLS): Guggenheim downgraded it to a Neutral rating from Buy. The stock traded near $20 on Wednesday, in a 52-week range of $11.88 to $34.71. It has a consensus price target of $34.60.
Crocs Inc. (NASDAQ: CROX): Monness Crespi & Hardt reiterated a Buy rating but raised its price target to $125 from $91. On Wednesday, the stock traded around $97. The 52-week trading range is $19.98 to $102.85. Its consensus analyst target is $115.22.
Enphase Energy Inc. (NASDAQ: ENPH): Northland Capital downgraded its rating Outperform to Market Perform. Cowen reiterated an Outperform rating and cut its price target to $200 from $215. The shares changed hands at around $145 on Wednesday. The 52-week trading range is $37.81 to $229.04. The consensus price target is $208.18.
NXP Semiconductors N.V. (NASDAQ: NXPI): Cowen reiterated an Outperform rating and raised its price target to $235 from $225. Shares traded around $201 on Wednesday, in the 52-week range of $89.10 to $216.43. The consensus price target is $219.40.
Spirit Airlines Inc. (NYSE: SAVE): Evercore ISI’s downgrade to an In-Line rating from Outperform comes with a $40 price target. The stock traded around $35 on Wednesday. The 52-week trading range is $7.25 to $40.77. Its consensus analyst target is $41.25.
Also, see which two cannabis stocks are favored now by BofA Securities
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