Investing
Monday's Top Analyst Upgrades and Downgrades: Beyond Meat, Campbell Soup, Dollar General, Foot Locker, HP, Mosaic, Proofpoint, Tesla and More
May 24, 2021 8:50 am
Last Updated: May 24, 2021 8:55 am
Dollar General Corp. (NYSE: DG): BofA Securities downgraded the popular discount retailer from Neutral to Underperform with a $190 price target. The consensus target is much higher at $235.43, and the shares closed Friday at $205.04. The company is expected to report earnings Thursday.
Dick’s Sporting Goods Inc. (NYSE: DKS): Telsey Advisory raised its price target on the retailer to $98 from $80, and it also kept an Outperform rating on the shares. The consensus price target is $87.78, and the shares closed at $83.29 on Friday.
Echo Global Logistics Inc. (NASDAQ: ECHO): Zacks named this as its Bull of the Day. The analyst said that investors are looking to drive this logistics stock to new highs. It most recently closed at $33.78 and has a consensus price target of $37.90.
Foot Locker Inc. (NYSE: FL): Pivotal Research raised the price target on the sports shoe retailing giant to $82 from $76, citing the company’s solid first-quarter results. The consensus target is much lower at $62.89. The final trade on Friday came in at $60.87.
GT Biopharma Inc. (NASDAQ: GTBP): H.C. Wainwright started coverage with a Buy rating and a $25 price target. The consensus price target is $23, and the stock ended trading on Friday at $14.36, after an almost 4% gain for the day.
HP Inc. (NYSE: HPQ): Citigroup upgraded the venerable Silicon Valley company’s stock to Buy from Neutral and also raised the price target to $40. The consensus target is lower at $31.69, and the stock closed Friday at $31.66 a share.
Mosaic Co. (NYSE: MOS): Though HSBC Securities downgraded it to Hold from Buy, the firm also raised the price target to $37. The $38.62 consensus is higher, and Friday’s last trade was at $35.46 a share.
Nutrien Ltd. (NYSE: NTR): The HSBC Securities upgrade to Buy from Hold included a price target hike to $68. The consensus target is just $58.28. The last trade on Friday came in at $59.96.
Ollie’s Bargain Outlet Holdings Inc. (NASDAQ: OLLI): Morgan Stanley upgraded the discount retailer to Equal Weight from Underweight, and it raised the price target to $85. The posted consensus price objective is higher at $96.23, and the shares were last seen on Friday trading at $76.35.
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