Investing
Wednesday's Top Analyst Upgrades and Downgrades: Alcoa, Caesars, Chevron, DraftKings, Lucid, SoFi, Wynn Resorts and More
September 15, 2021 8:53 am
Last Updated: September 15, 2021 9:02 am
Cazoo Group Ltd. (NYSE: CZOO): Citigroup started coverage with a Buy rating and an $11.80 price target. No consensus target was available. The shares closed on Tuesday at $9.00.
Chevron Corp. (NYSE: CVX): JPMorgan downgraded the integrated energy behemoth to Neutral from Overweight and dropped the price target to $111 from $128. The consensus target is $122.73. The last trade for Wednesday hit the tape at $96.20.
DraftKings Inc. (NASDAQ: DKNG): Wells Fargo started coverage of the popular fantasy football betting site with an Overweight rating and a $73 price target. The consensus target is $71.15. The shares were last seen trading on Tuesday at $59.05.
Knight-Swift Transportation Holdings Inc. (NYSE: KNX): Cowen raised in Market Perform rating on the trucking company’s shares to Outperform and also lifted the target price $62 from $59. The consensus target is $60.24. Tuesday’s final trade came in at $51.72.
Lucid Group Inc. (NASDAQ: LCID): BofA Securities started coverage of the electric vehicle challenger with a Buy rating and a $30 price target. No consensus target was available. The shares closed Tuesday at $18.95 but were up almost 3% in Wednesday’s premarket trading.
MGM Resorts International (NYSE: MGM): Wells Fargo started coverage with an Overweight rating and a $55 price target. The consensus price objective is $47.89. The stock was last seen on Tuesday at $41.41 a share.
RumbleON Inc. (NASDAQ: RMBL): Wedbush started coverage with an Outperform rating and a $55 price target. The consensus price objective is higher at $65.50. The shares ended trading on Tuesday at $34.86.
Sarepta Therapeutics Inc. (NASDAQ: SRPT): Guggenheim upgraded the stock to a Buy rating from Neutral. Over the past 52 weeks, the shares have traded between $65.30 and $181.83, and they have a consensus target price of $119.47. Tuesday’s final trade was reported at $80.28.
Sea Ltd. (NYSE: SE): Stifel upgraded the stock to Buy from Hold and also boosted the target price to $400 from $325. The consensus target is set at $356.79. The stock closed trading on Tuesday at $333.55.
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