Investing

Friday's Top Analyst Upgrades and Downgrades: Cirrus Logic, Cree, DTE Energy, Las Vegas Sands, O'Reilly Auto, Take-Two Interactive and More

Cree Inc. (NASDAQ: CREE): BofA Securities downgraded the shares from Neutral to Underperform with a $93 price target. The consensus price target is $101.23. Thursday’s final trade came in at $88.30.

DTE Energy Co. (NYSE: DTE): Evercore ISI raised the utility to Outperform from In Line and has a $127 price target. The consensus target is $127.70. The stock closed trading on Thursday at $117.56.

EOS Energy Enterprises Inc. (NASDAQ: EOSE): Johnson Rice started coverage with a Buy rating and a $20 price target. The consensus target is $22.33. The stock closed at $13.09 on Thursday.

Great Western Bancorp Inc. (NYSE: GWB): RBC Capital Markets downgraded it to Sector Perform from Outperform and cut the target price to $33 from $35. The consensus price objective is $35.17. The shares were last seen on Thursday near $32, which was up almost 12% after the South Dakota-based bank announced an agreement to be acquired by Montana-based First Interstate BancSystem in an all-stock deal valued at $2.0 billion.

Las Vegas Sands Corp. (NYSE: LVS): The Jefferies downgrade to Hold from Buy included the target price slashed to $40 from $60. The consensus target for the gaming giant is $63.92. The stock closed Thursday at $37.52. The gaming sector is being hammered as the threat of restrictions in Macau continues to grow.


MarketWise Inc. (NASDAQ: MKTW): Needham began coverage with a Buy rating and a $13 price target. The consensus target is higher at $15.33. The stock closed on Thursday at $9.08, after a rise of almost 5% on the day.

O’Reilly Automotive Inc. (NASDAQ: ORLY): BofA Securities downgraded shares of the car parts giant to Neutral from Buy and has a $680 price target. The consensus price objective is $652.07. The shares closed Thursday at $606.88.

Realty Income Inc. (NYSE: O): RBC Capital Markets started coverage on the stock with an Outperform rating and a $79 price target. That compares with a consensus target of $78 and Thursday’s closing print of $68.39.

Quanta Services Inc. (NYSE: PWR): Goldman Sachs initiated coverage with a Buy rating and a $138 target price. The consensus price objective is $124.53. The final trade for Thursday was reported at $116.87.

Sponsored: Tips for Investing

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.