Salesforce.com Inc. (NASDAQ: CRM): This software giant was named as the Bull of the Day stock at Zacks. The analyst said that this innovation-fueled business continues to grow its total addressable market through a combination of synergy driving acquisitions and organic developments that power its unprecedented profitable growth. Shares most recently closed at $243.51 and have a consensus price target of $278.66.
Scotts Miracle-Gro Co. (NYSE: SMG): Stifel started coverage with a Buy rating and a $220 price target. The consensus target is up at $257. The shares closed on Tuesday at $180.41.
Sharecare Inc. (NASDAQ: SHCR): BTIG Research started coverage with a Buy rating and a $15 price target. No consensus target was available. The stock was last seen on Tuesday trading at $6.56. The shares were almost 6% higher in the premarket
Skillz Inc. (NASDAQ: SKLZ): RBC Capital Markets initiated coverage with a Sector Perform rating and a $17 target price. The consensus price objective is up at $24.25. The shares ended trading on Tuesday at $14.26.
Sony Group Corp. (NYSE: SONY): Morgan Stanley raised its Equal Weight rating to Overweight. The 52-week trading range is $72.45 to $118.50, and the consensus price target is $152.20. Tuesday’s final trade was reported at $99.63.
Teladoc Health Inc. (NASDAQ: TDOC): Deutsche Bank downgraded the stock to Hold from Buy and lowered the price target to $153 from $225. The consensus target is $227.14. The stock ended Tuesday’s trading at $151.01, but the shares were down almost 10% in premarket trading after the company reported disappointing earnings.
Virgin Galactic Holdings Inc. (NYSE: SPCE): Zacks selected this meme stock as its Bear of the Day. The analyst pointed out that analysts are dropping their long-term earnings estimates as the timeline to profitability gets pushed back. Shares last closed at $30.25, and the consensus price target is just $39.20.
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See how analysts responded to Tuesday’s big tech quarterly results.
Tuesday’s early top analyst upgrades and downgrades included AbbVie, Alibaba, American Airlines, AT&T, Chipotle Mexican Grill, JD.com, Kimberly-Clark, Pfizer, Starbucks and Weyerhaeuser. Analyst calls seen later in the day were on Domino’s, Eli Lilly, McDonald’s, Merck and more.
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