Investing

Thursday's Top Analyst Upgrades and Downgrades: American Express, Avis, Beyond Meat, Cisco, DoorDash, Fisker, Las Vegas Sands and More

Beyond Meat Inc. (NASDAQ: BYND): Piper Sandler downgraded the plant-based meat company’s stock to Underweight from Neutral and reduced the price target from $120 to $95. The consensus target is $118.71. The stock closed trading on Wednesday at $110.81. Shares were almost 4% lower in Thursday’s premarket.

Celsius Holdings Inc. (NASDAQ: CELH): Jefferies started coverage on the stock with a Buy rating and a $115 price target. The posted consensus target is $96.75. The stock closed on Wednesday at $90.90.

Cisco Systems Inc. (NASDAQ: CSCO): Credit Suisse raised its Neutral rating on the legacy technology leader to Outperform. The firm also lifted its price target to $74 from $56. That compares with the $59.81 consensus target and Wednesday’s closing print of $57.56.

Dana Inc. (NYSE: DAN): Though BofA Securities upgraded it to Buy from Neutral, the firm also trimmed the target price by a dollar to $30. The consensus target is $31.38. The stock popped almost 4% on Wednesday to close at $22.61.

DoorDash Inc. (NYSE: DASH): The BofA Securities upgrade to Buy from Neutral comes with a $225 price target. The consensus target for the food delivery favorite is lower at $194.19. The stock closed trading on Wednesday at $209.85, which was up almost 4% on the day. The shares were up an additional 2.5% in premarket trading.

EZCORP Inc. (NASDAQ: EZPW): Oppenheimer started coverage of the pawn shop giant with an Outperform rating and a $12 price target. The consensus target is just $6.75, which matches the final share price on Wednesday of $6.75.


Fisker Inc. (NYSE: FSR): The BofA Securities downgrade to Neutral from Buy included a target price cut to $18 from $27. The consensus target is up at $23.22. The stock was last seen trading on Wednesday at $13.21.

Genmab A/S (NASDAQ: GMAB): Jefferies downgraded it to Hold from Buy but raised the target price to $48 from $45.50. The consensus price target is $44.79. The last trade for Wednesday came in at $42.86.

GXO Logistics Inc. (NYSE: GXO): JPMorgan started coverage with an Overweight rating and a $107 price target. The much lower consensus target is $84.30, and Wednesday’s closing print was $79.51. Shares were up over 3% in the premarket.

Humacyte Inc. (NASDAQ: HUMA): Piper Sandler began coverage with an Overweight rating and a $17 price target. The consensus price objective is $19. The stock closed on Wednesday at $13.97, after tumbling almost 11% on the day. The shares were trying to battle back in the premarket but were up only 4%.

Las Vegas Sands Corp. (NYSE: LVS): JPMorgan downgraded the stock of the gaming giant from Overweight to Neutral with a $38 price target. The much higher consensus target is $63.92, and Wednesday’s closing print was $38.05. Like other gaming stocks, the worries over restrictions in Macau are weighing on the sector.