Investing

Wednesday's Top Analyst Upgrades and Downgrades: Abercrombie, Coinbase, Colgate, Fisker, Goldman Sachs, Urban Outfitters, Wendy's and More

Carriage Services Inc. (NYSE: CSV): B. Riley Securities initiated coverage with a Buy rating and a $50 price target. The consensus price objective is slightly lower at $49.33, and the final print for Tuesday came in at $38.72.

Celanese Corp. (NYSE: CE): Goldman Sachs downgraded the stock to Neutral from Buy and has a $184 price target. The consensus price objective is $173.76. Tuesday’s last trade hit the tape at $164.99.

Chemours Co. (NYSE: CC): Goldman Sachs upgraded the stock to Buy from Neutral and also raised the price target to $47. That compares with a $35.90 consensus and Tuesday’s closing print of $36.82.

Coinbase Global Inc. (NASDAQ: COIN): Raymond James started coverage of the cryptocurrency trading platform with an Underperform rating. The shares have traded in a wide range of $208 to $429.54 since going public earlier this year in a direct listing offering. The consensus price target is $395.64, and the stock pulled back almost 5% on Tuesday to close at $220.66.

Colgate-Palmolive Co. (NYSE: CL): Credit Suisse upgraded the consumer staples giant to Outperform from Neutral and raised the price target to $95. The consensus target is just $85.49. The stock closed on Tuesday at $82.93.

Credicorp Ltd. (NYSE: BAP): Morgan Stanley downgraded the stock from Overweight to Equal Weight with a $125 price target. The consensus target is $161.49, and the shares ended Tuesday at $134.04.


Dada Nexus Ltd. (NASDAQ: DADA): JPMorgan started coverage with an Overweight rating and a $40 price target. The consensus target is up at $42.82, and the stock closed on Tuesday at $29.33 a share.

Dish Network Corp. (NASDAQ: DISH): JPMorgan downgraded the stock to Underweight from Neutral and has a $45 price target. The consensus target for shares of the satellite programming company is $49.29. The stock closed at $43.58 on Tuesday.

Fisker Inc. (NYSE: FSR): RBC Capital Markets started coverage of the electric vehicle company with an Outperform rating and a $27 price target. The consensus target is $23.22, and the last trade Tuesday came in at $18.07 per share.

Fox Corp. (NASDAQ: FOXA): Wells Fargo raised the broadcasting giant’s stock to Overweight from Equal Weight, and it lifted the price target to $47. The consensus price objective is $41.18. Tuesday’s closing trade was at $36.59 a share.

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