Plug Power Inc. (NASDAQ: PLUG): BTIG Research started coverage with a Buy rating and a $40 price target. The consensus price objective is $47.31, and the last trade to hit the tape Thursday was reported at $29.93. The shares are up over 3% in Friday’s premarket action.
Rocket Companies Inc. (NYSE: RKT): This was named as the Zacks Bear of the Day stock. The analyst wonders whether this mortgage lending stock came too far too fast. Shares last closed at $18.35, and the consensus price target is $21.33.
Salesforce.com Inc. (NYSE: CRM): Moness Crespi & Hardt raised the $275 price target on the software giant to $290. The consensus target is $274.38, and Thursday’s closing print was $225.83.
Titan Machinery Inc. (NASDAQ: TITN): Stephens upgraded the shares to Overweight from Equal Weight and also raised the price target to $40. The consensus target is $32.67. The last Thursday trade came in at $31.67 per share.
Ulta Beauty Inc. (NASDAQ: ULTA): Telsey Advisory raised the price target on the cosmetic retaining leader to $400 from $375, and it also maintained an Outperform rating on the stock. The consensus price target is just $346.50. The stock ended Thursday’s trading session at $328.36.
XPO Logistics Inc. (NYSE: XPO): Zacks named this as the Bull of the Day. The firm said that Wall Street is getting excited about this shipping and logistics stock after a very strong first-quarter earnings report. Shares most recently closed at $145.69 and have a consensus price target of $157.86.
Four recently public stocks have had some wild price swings in 2021, but they are rated Buy across Wall Street and offer stellar technologies and applications. They all offer excellent entry points and have posted some solid results so far.
Thursday’s early top analyst upgrades and downgrades included Airbnb, CrowdStrike, DoorDash, Ford, Intuit, Lumber Liquidators, Occidental Petroleum, T-Mobile, Twilio, Uber and UBS. Analyst calls seen later in the day were on Chipotle Mexican Grill, Dick’s Sporting Goods, Nvidia and more.
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