Investing

Wednesday's Top Analyst Upgrades and Downgrades: Chevron, Clorox, Corsair Gaming, Coursera, Schlumberger, Under Armour and More

Chatham Lodging Trust (NYSE: CLDT): B. Riley Securities raised the stock from Hold to Buy with a $15 price target. The consensus target is $16.20. The stock fell almost 3% on Tuesday to close at $11.46.

Chevron Corp. (NYSE: CVX): DZ Bank downgraded the energy behemoth to Hold from Buy and has a $110 price target. That compares with the higher $122.79 consensus price objective and Tuesday’s closing trade of $102.60 a share.

Clorox Co. (NYSE: CLX): Atlantic Equities downgraded the consumer staples giant to Neutral from Overweight and has a $150 price target. The consensus target is up at $189.87, and the shares ended Tuesday’s trading session at $164.06, after falling almost 10% in the wake of disappointing earnings.

Corsair Gaming Inc. (NASDAQ: CRSR): Credit Suisse downgraded the stock to Neutral from Outperform and lowered the price target to $31. The consensus target is much higher at $46.67. The stock closed Tuesday down almost 7% to $27.13, after the gaming products company posted disappointing results and guidance.

Coursera Inc. (NYSE: COUR): Raymond James raised the stock to Outperform from Neutral and has set a $45 target price. The consensus price objective is much higher at $54.54. The last trade on Tuesday came in at $35.68.

Global Blood Therapeutics Inc. (NASDAQ: GBT): Truist Securities upgraded it to Buy from Hold and has a $50 price target. The consensus target is up at $78.47. The shares closed Tuesday at $26.89, which was down over 3% for the day. The stock roared back in the premarket with more than a 13% gain after the company reported a second-quarter loss but revenues that topped Wall Street estimates.


GXO Logistics Inc. (NYSE: GXO): Deutsche Bank started coverage with a Buy rating and an $81 price target. A consensus price objective was not available. The company was a recent spinoff from XPO Logistics. The final trade for Tuesday was reported at $66.38, which was up over 5% on the day.

Healthcare Trust of America Inc. (NYSE: HTA): BMO Capital Markets downgraded the stock to Market Perform from Outperform and has a $34 price target. The consensus target is $30.71. The last trade for Tuesday came in at $28.30 a share.

Lithia Motors Inc. (NYSE: LAD): Zacks named this auto dealer stock as the Bull of the Day. The analyst said that this is a rare cheap growth stock. Shares most recently closed at $365.06 and have a consensus price target of $455.55.

Sponsored: Find a Qualified Financial Advisor

Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.