Investing
Friday's Top Analyst Upgrades and Downgrades: CenterPoint Energy, Cloudflare, Dynavax, HCA, Opendoor, Roku, Salesforce, Spotify and More
September 24, 2021 8:51 am
Last Updated: September 24, 2021 8:56 am
CenterPoint Energy Inc. (NYSE: CNP): Piper Sandler raised its Neutral rating to Overweight and also boosted the price target from $28 all the way to $38. The consensus target is $27.75. The stock closed on Thursday at $24.80 a share.
Chuy’s Holdings Inc. (NASDAQ: CHUY): Jefferies upgraded the popular Mexican food restaurant chain to Buy from Hold and lifted the price target to $41 from $36. The consensus target is $37.83 and Thursday’s closing print was $31.34.
Cloudflare Inc. (NYSE: NET): Oppenheimer downgraded the cybersecurity stock to Perform from Outperform. The stock has a wide 52-week trading range of $38.26 to $137.07. The consensus price target is $125.13, and Thursday’s last trade was reported at $136.67. As it is trading just below the 52-week high, this looks like a valuation call.
Dynavax Technologies Corp. (NASDAQ: DVAX): Goldman Sachs raised the target price on the Buy-rated shares to $22 from $18. The consensus target is $21.75. The last trade for Thursday was reported at $19.60, which was up over 4% for the day.
Frontier Communications Parent Inc. (NASDAQ: FYBR): Raymond James started coverage with an Outperform rating and a $34 price target. The consensus target is higher at $43.50. The final trade for Thursday was reported at $29.74.
HCA Healthcare Inc. (NYSE: HCA): UBS started coverage on the shares with a Buy rating and a $312 price target. That compares with a lower consensus target of $267.82 and Thursday’s last trade at $255.53 per share.
Kulicke & Soffa Industries Inc. (NASDAQ: KLIC): Needham reiterated its Buy rating on the stock and pushed the price target to $78 from $72. The $81.80 consensus target is higher, and Thursday’s closing print was $66.94 per share.
Opendoor Technologies Inc. (NASDAQ: OPEN): Citigroup resumed coverage with a Buy rating and also lifted the target price for the shares to $40 from $34. The consensus target is $31.20. The stock rose close to 3% on Thursday to close at $19.99.
Red Robin Gourmet Burgers Inc. (NASDAQ: RRGB): Jefferies raised the popular restaurant chain to Buy from Hold and also lifted the target price to $31 from $28. The consensus target is $29.83. The final share price for Thursday was $23.83, after almost an 8% gain for the day. The stock tacked on an additional 3% gain in Friday’s premarket.
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