Chewy, Brinker, Cleveland-Cliffs, Nvidia and More Thursday Afternoon Analyst Calls
24/7 Wall St. looks at some big analyst calls that we have seen so far on Thursday, including Chewy, Brinker, Cleveland-Cliffs and Nvidia.
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With the trading day more than halfway over, the broad markets saw a loss across the board. Each of the major averages had been holding near an all-time high, but now it seems that some investors are taking profits. Despite this pullback, oil managed to push higher on the day.
24/7 Wall St. is reviewing some big analyst calls seen on Thursday. We have included the latest analyst call on each stock, as well as a recent trading history and the consensus targets among analysts.
For those that might have missed it, 24/7 Wall St. had an earlier round of analyst calls on Thursday that included Beyond Meat, Charles Schwab, Deere, Etsy and more.
Atai Life Sciences N.V. (NASDAQ: ATAI): Aegis Capital initiated coverage with a Buy rating and a $26 price target. The shares traded near $17 on Thursday, in a 52-week trading range of $16.50 to $22.91.
Beachbody Co. Inc. (NYSE: BODY): Robert Baird started coverage with an Outperform rating and a $16 price target. The stock was changing hands around $9 a share on Thursday, in a 52-week range of $8.56 to $18.20.
Brinker International Inc. (NYSE: EAT): Wedbush started coverage with an Outperform rating and an $81 price target. The stock traded near $60 on Thursday, in a 52-week range of $20.72 to $78.33. It has a consensus price target of $77.76.
Chewy Inc. (NYSE: CHWY | CHWY Price Prediction): Needham initiated coverage with a Hold rating. The stock traded near $80 on Thursday, in a 52-week range of $45.25 to $120.00. It has a consensus price target of $97.32.
Cleveland-Cliffs Inc. (NYSE: CLF): Argus started coverage with a Buy rating and a $26 price target. Shares were trading at around $21, in the 52-week range of $4.92 to $24.77. The consensus price target is $26.42.
Nielsen Holdings PLC (NYSE: NLSN): RBC Capital Markets initiated coverage with a Sector Perform rating and a $25 price target. On Thursday, the stock traded around $24. The 52-week trading range is $13.13 to $28.42. The consensus price target is $29.55.
Nvidia Corp (NASDAQ: NVDA): Oppenheimer reiterated an Outperform rating and raised the price target to $925 from $700. The stock was changing hands around $803 a share on Thursday, in a 52-week range of $391.08 to $835.00.
Overstock.com Inc. (NASDAQ: OSTK): Needham initiated coverage with a Buy rating and a $150 price target. The stock traded near $91 on Thursday, in a 52-week range of $38.52 to $128.50. It has a consensus price target of $129.00.
SmileDirectClub Inc. (NASDAQ: SDC): Exane BNP Paribas started it with an Underperform rating and a $7 price target. The stock traded near $8 on Thursday, in a 52-week range of $7.16 to $16.08. It has a consensus price target of $10.95.
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Chris Lange is a financial and geopolitical writer with more than a decade of experience covering a myriad of topics. He has published thousands of articles for 24/7 Wall St., with past coverage focused heavily on stocks, IPOs, healthcare, defense, global affairs, and technology.
His work has been quoted, or referenced by a number of outlets including Business Insider, USA Today, Yahoo Finance, MSN, The Motley Fool, and many other publications. A graduate of Southwestern University, he studied business with a focus on investments and has previous experience in banking and startups.
When not reading or writing the news, he is following his passion for Lacrosse, playing chess, or building solar projects with his dad.
