Investing

Wednesday's Top Analyst Upgrades and Downgrades: AMD, Canopy Growth, Cimarex Energy, Credit Suisse, Fastly, Lemonade, Mattel, ViacomCBS and More

Canopy Growth Corp. (NYSE: CGC): BofA Securities resumed coverage with a Buy rating and a $45 price target. No consensus target for the cannabis giant was available, and the shares closed Tuesday at $26.91.

CapStar Financial Holdings Inc. (NASDAQ: CSTR): The Keefe Bruyette upgraded to Outperform from Market Perform included a price target hike to $22. The consensus target is $20.60, and the shares ended trading at $18.52 on Tuesday.

Century Casinos Inc. (NASDAQ: CNTY): B. Riley Securities started coverage with a Buy rating and an $18 price target. The posted consensus target is $15, and the stock was last seen trading at $11.22, up almost 4% on Tuesday.

Chubb Ltd. (NYSE: CB): Credit Suisse resumed coverage of the insurance leader with an Outperform rating and a $175 price target. That compares with the higher consensus target of $183.14 and Tuesdays’ final print of $166.60.

Cimarex Energy Co. (NYSE: XEC): Evercore ISI upgraded the shares to Outperform from In Line with a $75 price target. That compares with a slightly higher $78.89 consensus target for the independent energy leader and Tuesday’s last trade of $63.63.

Credit Suisse Group A.G. (NYSE: CS): UBS upgraded shares of the Swiss bank to Buy from Neutral. The 52-week trading range is $7.33 to $14.95, and the consensus price target is $9.81. The stock closed Tuesday at $10.61, which was up over 3% on the day.

Cronos Group Inc. (NASDAQ: CRON): BofA securities resumed coverage with an Underperform rating and a $7.50 target. No consensus target was available, and the stock closed Tuesday at $8.21.


Devon Energy Corp. (NYSE: DVN): Evercore ISI raised the shares to Outperform from In Line with a $28 price target. The consensus price objective is up at $30.67, and the stock closed Tuesday at $22.14.

DTE Energy Co. (NYSE: DTE): While UBS downgraded the utility to Neutral from Buy, the firm raised the price target to $144. The consensus target is $142.81, and the stock was last seen on Tuesday at $136.25.

Ecolab Inc. (NYSE: ECL): JPMorgan upgraded it to Neutral from Underweight and has a $220 price target. The consensus target is $224.79. The last trade for Tuesday hit the tape at $218.41. That was down almost 4% for the day.

Fastly Inc. (NYSE: FSLY): Raymond James downgraded the tech high flyer to Market Perform from Outperform. The shares have traded in a very wide 52-week range of $20.57 to $136.50 and have a consensus price objective of $85.40. The final Tuesday trade came in at $70.33. The shares were down almost 4% in the premarket.

GSX Techedu Inc. (NYSE: GSX): Though Goldman Sachs upgraded the stock to Buy from Sell, it also lowered the price target to $60. The higher consensus target is $70, and Tuesday’s final print was $31.99. The shares were up over 6% in premarket action.