Investing
Friday's Top Analyst Upgrades and Downgrades: AMC Networks, Aurora Cannabis, Dropbox, GE, Kimberly-Clark, Live Nation, Petrobras, Snowflake and More
May 14, 2021 8:46 am
Last Updated: June 28, 2022 4:56 pm
Aurora Cannabis Inc. (NYSE: ACB): BMO Capital Markets raised the shares to Perform from Underperform. The stock has traded in a 52-week range of $3.71 to $19.68, and no consensus was available. The shares ended Thursday at $7.32, which was down almost 5% for the day.
Dropbox Inc. (NYSE: DBX): Goldman Sachs started coverage with a Sell rating and a $26 price target. The consensus price objective is $30.14, and the shares closed Thursday at $24.44.
Extra Space Storage Inc. (NYSE: EXR): BMO Capital Markets downgraded it to Market Perform from Outperform and has a $160 price target. The lower consensus target is $149.08, and Thursday’s last trade was at $144.99.
General Electric Co. (NYSE: GE): Citigroup resumed coverage of the venerable industrial giant with a Buy rating and a $17 price target. The posted consensus target is $14.53. The last trade to hit the tape on Thursday came in at $12.97.
Granite Point Mortgage Trust Inc. (NASDAQ: GPMT): Credit Suisse upgraded the stock to Outperform from Neutral and raised the price target to $15. The consensus target is $13, and the last Thursday trade was reported at $12.78, which was up almost 4% on the day.
GrowGeneration Corp. (NASDAQ: GRWG): Roth Capital raised its Neutral rating to Buy and has a $55 price target. The consensus target is $57.29, and the shares closed at $35.53 on Thursday. The stock was up almost 7% in the premarket and posted solid results earlier in the week.
Host Hotels & Resorts Inc. (NYSE: HST): Evercore ISI upgraded it to Outperform from Inline and has a $20 price target. The consensus price objective is lower at $17.56, and Thursday’s last trade came in at $16.70 per share.
Kimberly-Clark Corp. (NYSE: KMB): Wells Fargo upgraded the consumer staples giant to Equal Weight from Underweight. The stock has traded in a 52-week range of $128.02 to $160.16 and has a $141.09 consensus price target. Thursday’s closing print was at $133.75.
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