Fiverr International Ltd. (NASDAQ: FVRR): Zacks named this online marketplace for freelancers as its Bear of the Day stock. The analyst wonders whether the reopen will slow the creator economy. Shares last closed at $166.73, and the consensus price target is $215.78.
Fortis Inc. (NYSE: FTS): Wells Fargo lowered the shares to Equal Weight from Overweight. Over the past year, the stock has traded between $38.49 and $47.02, and it has a $44.98 consensus target price. The shares closed on Monday at $46.76. As it is trading just shy of the 52-week high, this looks like a valuation call.
Hyatt Hotels Corp. (NYSE: H): Truist’s upgrade was to Hold from Sell. The shares have traded between $51.21 and $92.22 over the past 52 weeks and carry an $81.07 consensus price objective. The last trade for Monday came in at $72.25.
Lemonade Inc. (NYSE: LMND): Wolfe Research initiated coverage with an Underperform rating and a $53 price target. The higher $82.14 consensus target compares with Monday’s $71.87 closing print.
Marsh & McLennan Companies Inc. (NYSE: MMC): Wolfe Research began coverage with an Outperform rating and a $171 price target. The posted consensus target is $152.58. Monday’s closing share price was $153.53.
Robinhood Markets Inc. (NYSE: HOOD): Redburn started the new-age brokerage firm’s stock with a Buy rating and a $65.35 price target. The consensus target is much higher at $83.07. Monday’s final print came in at $47.19, after shares tumbled almost 7% on the day.
Suncor Energy Inc. (NYSE: SU): Goldman Sachs reiterated its Buy rating but lowered the price target to $25 from $29. The consensus target is up at $42.83. The last trade for Monday came in at $18.85.
23andMe Holding Co. (NYSE: ME): Credit Suisse started coverage with an Outperform rating and a $13 price target. No consensus target was available. The shares closed at $7.29 on Monday.
Five tech stocks have had an awesome 2021 and look poised to trade much higher. Each has been a big purchaser of its own shares as well, and Goldman Sachs sees more of the same for the rest of this year.
Monday’s early top analyst upgrades and downgrades included Automatic Data Processing, Angi, Chipotle Mexican Grill, Ecolab, Honest, PG&E, Seagate Technologies and Sonos. Analyst calls seen later in the day were on Arch Capital, Paycor, Planet Fitness and more.