Investing

Thursday's Top Analyst Upgrades and Downgrades: Boeing, Campbell's, Dick's, Hess, iRobot, Robinhood, Spotify, Tesla, Zoom Video and More

Campbell Soup Co. (NYSE: CPB): This consumer staples giant was named as the Zacks Bear of the Day. The analyst points out that inflation and lingering pandemic factors are weighing on this stock. Shares last closed at $44.10, and the consensus price target is $49.48.

ChargePoint Holdings Inc. (NASDAQ: CHPT): D.A. Davidson started coverage with a Buy rating and a $30 price target. The consensus target is $37.50. The stock popped over 7% on Wednesday to close at $24.37.

CyrusOne Inc. (NASDAQ: CONE): Raymond James raised the stock to Outperform from Underperform and has an $82 price target. The consensus target is $80.55. The final trade for  Wednesday came in at $74.56.

Dick’s Sporting Goods Inc. (NYSE: DKS): Zacks named this sportswear and outdoor retailer as its Bull of the Day stock. The analyst said that the company continues to prove it can operate in any market environment. Shares most recently closed at $102.73 and have a consensus price target of $113.06.

DTE Energy Co. (NYSE: DTE): Goldman Sachs reiterated a Buy rating on the utility, which is also on the firm’s Conviction List. The firm has a $137 price target, which is well above the $129.56 consensus target. Wednesday’s final trade came in at $117.69.

Extreme Networks Inc. (NASDAQ: EXTR): Needham upgraded the stock to Buy from Hold and has a $13 price target, which is the same as the consensus target. The stock closed at $10.43 on Wednesday.


FormFactor Inc. (NASDAQ: FORM): D.A. Davidson downgraded the stock from Buy to Neutral with a $50 price target. The consensus target is $52. The shares closed on Wednesday at $36.30.

Hess Corp. (NYSE: HES): Goldman Sachs reiterated its Buy rating on the energy giant. The analysts believe the company is uniquely positioned to benefit from long-term oil growth from its position in Guyana. The firm’s price objective is $102, which compares with a $97.20 consensus target and Wednesday’s closing print of $77.49.

iRobot Corp. (NASDAQ: IRBT): JPMorgan downgraded the stock to Neutral from Overweight and has a $103 price target. The consensus target for the Roomba maker is up at $116.33. The shares closed Wednesday at $88.83 but were down almost 11% in the premarket after a disappointing earnings report.

Latch Inc. (NASDAQ: LTCH): Goldman Sachs started coverage with a Buy rating and an $18 price target. The posted consensus target is $16.33. The last trade for Wednesday was reported at $12.29.