Investing
Monday's Top Analysts Upgrades and Downgrades: Alphabet, AppLovin, Facebook, Intel, Live Nation, Oracle, Pinterest, SolarEdge and More
May 10, 2021 8:50 am
Last Updated: May 10, 2021 12:25 pm
Argenix S.E. (NASDAQ: ARGX): H.C. Wainwright upgraded its Neutral rating to Buy and raised the price target to $400. The consensus target is lower at $342.26. The stock closed Friday at $263.70.
Bright Horizons Family Solutions Inc. (NYSE; BFAM): Citigroup raised the shares to Buy from Neutral, but it lowered the price target to $170. The consensus target is in line at $170.75, and the final trade for Friday came in at $136.
Cardinal Health Inc. (NYSE: CAH): The Baird downgrade to Neutral from Outperform included the price target lowered to $64. The posted consensus target is $63.13, and the last trade to hit the tape on Friday was reported at $58.16, which was up almost 3% for the day.
Cogent Communications Inc. (NASDAQ: CCOI): When RBC Capital Markets upgraded it to Outperform from Sector Perform, the firm also lifted the price target to $84. The consensus target is just $74.20, and the shares closed on Friday at $78.00.
Cree Inc. (NASDAQ: CREE): JPMorgan raised its rating to Neutral from Underweight and has a $108 price target. The consensus target is up at $118.23, and the stock closed trading on Friday at $95.68.
Eagle Materials Inc. (NYSE: EXP): Jefferies upgraded the stock to Buy from Hold. It also raised the price objective to $170, which compares with the consensus target of $139.58. Friday’s close was at $147.01 a share.
24/7 Wall St.Facebook Inc. (NASDAQ: FB): Citigroup downgraded the shares of the social media colossus to Neutral from Buy and has a $320 price target. The consensus target is higher at $381.55, and the last trade on Friday came in at $319.08.
iHeartMedia Inc. (NASDAQ: IHRT): JPMorgan’s upgrade to Overweight from Neutral included the price target on the broadcasting company hiked to $29. The consensus target is $25.86, and the last trade Friday came in at $22.64, which was a 14% gain after posting revenues that beat estimates. The stock tacked on an additional 4% gain in Monday’s premarket.
Intel Corp. (NASDAQ: INTC): Atlantic Equities downgraded the legacy semiconductor giant to Underweight from Neutral, and it lowered the price target to $45. The consensus price objective is much higher at $66.17, and the stock was last seen Friday at $57.67.
Leaf Group Ltd. (NASDAQ: LEAF): BTIG Research downgraded the stock to Neutral from Buy and has an $8.50 price target. The consensus target is $8.50, and the shares closed Friday at $8.50.
Live Nation Entertainment Inc. (NYSE: LYV): As Jefferies upgraded the stock to Buy from Hold, it also raised the target price to $96. The consensus target is lower at $86.50, and the final Friday trade was reported at $79.96, after almost a 7% gain for the day.
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