Investing

Thursday's Top Analyst Upgrades and Downgrades: Airbnb, CrowdStrike, DoorDash, Ford, Fortinet, Intuit, T-Mobile, Twilio, Zscaler and More

Avrobio Inc. (NASDAQ: AVRO): Needham started the company with a Buy rating with a $28 price target. The consensus price objective is set lower at $24. The stock closed trading on Wednesday at $8.05. Shares are trading almost 5% higher in the premarket.

CrowdStrike Holdings Inc. (NASDAQ: CRWD): Cowen started coverage of the cybersecurity software giant with a Buy rating, and the analysts have a $250 price target. The consensus price objective is set right in line at $250.48. The last trade to hit the tape Wednesday came in at $219.96.

DoorDash Inc. (NYSE: DASH): RBC Capital Market resumed coverage with an Outperform rating and a $175 price target. That compares with the $167.19 consensus target and the final Wednesday trade at $141.86 per share.

Ford Motor Co. (NYSE: F): RBC Capital Markets upgraded the iconic automaker to Outperform from Sector Perform and also raised the price target to $17. The consensus target is just $13.19. The shares closed Wednesday at $13.90, after popping almost 9% on the day due to the electric vehicle news.

Fortinet Inc. (NASDAQ: FTNT): Cowen started coverage with an Outperform rating, and the firm has a $230 price target. The consensus price objective is $219.96. The stock closed on Wednesday at $215.71.

Intuit Inc. (NASDAQ: INTU): Exane BNP Paribas upgraded the stock to Neutral from Underperform, and the analyst has a $470 price target. The consensus target for the accounting software giant is $484.64. The stock closed at $442.81 on Wednesday.


Lumber Liquidators Holdings Inc. (NYSE: LL): This specialty retailer was selected as Bull of the Day at Zacks. The analyst said that lumber prices are through the roof and that is helping this stock to record profits. Shares closed most recently at $22.62, and the consensus price target is $25.33.

Magnolia Oil & Gas Corp. (NYSE: MGY): Piper Sandler’s upgrade to Overweight from Neutral came with a price target hike to $16. The consensus target is $14.58. The stock closed trading on Wednesday at $12.18 a share.

Occidental Petroleum Corp. (NYSE: OXY): Goldman Sachs raised the energy giant from Neutral to Buy with a $31 price target. The consensus target is $30.87. Wednesday’s final print of $25.29 came after an almost 3% gain on the day.

Planet Fitness Inc. (NASDAQ: PLNT): Zacks selected this as its Bear of the Day stock, saying that getting back to business as usual should have brought big profits for this fitness center operator. Shares last closed at $80.24 and have a consensus price target of $84.69.