Investing
Tuesday's Top Analyst Upgrades and Downgrades: Albertsons, Charles Schwab, CyberArk, Deckers Outdoor, Nike, Procter & Gamble, Tesla and More
October 5, 2021 8:55 am
Last Updated: October 5, 2021 12:58 pm
Clearway Energy Inc. (NYSE: CWEN): Evercore ISI’s upgrade to Outperform from In Line included a target price hike to $36 from $25. The stock ended trading on Monday at $30.40.
Cloudflare Inc. (NYSE: NET): Wells Fargo started coverage with an Equal Weight rating and a $122 price target. The consensus target is $124.80. The shares were last seen Monday at $115.73.
Colgate-Palmolive Co. (NYSE: CL): BofA Securities resumed coverage on the consumer staples giant with a Neutral rating and an $80 price target. The consensus target is up at $86.70. Monday’s final trade was reported at $75.06.
Comerica Inc. (NYSE: CMA): Wolfe Research raised its Underperform rating to Outperform and boosted the target price to $101 from $80. The consensus price target is $78.22. The shares were last seen on Monday at $82.97.
CommScope Inc. (NASDAQ: COMM): Credit Suisse downgraded the stock to Neutral from Outperform and cut the target price to $12 from $23. The consensus target is $20.95. The final trade for Monday was reported at $13.23.
CyberArk Software Ltd. (NASDAQ: CYBR): Wells Fargo initiated coverage with an Equal Weight rating and a $165 price target. The higher consensus target is $182.21, and Monday’s closing print was $156.78 per share.
Decker’s Outdoor Corp. (NASDAQ: DECK): Wedbush started coverage with a Neutral rating and a $390 price target. The consensus target is a much higher $486.50. The last trade for Monday was reported at $366.67.
Dow Inc. (NYSE: DOW): Redburn started coverage of the chemicals leader with a Neutral rating. The shares have traded in a 52-week range of $44.33 to $71.38 and have a $67.86 consensus target price. Monday’s closing share price was $58.24.
Equinix Inc. (NASDAQ: EQIX): Credit Suisse downgraded it to Neutral from Outperform and slashed the target price to $731 from $942. The consensus target is up at $898.97. The stock closed Monday at $785.61.
Fortinet Inc. (NASDAQ: FTNT): Wells Fargo started coverage with an Overweight rating and a strong $380 target price. The consensus target is just $306.23. The final trade on Monday was reported at $288.87, which was down over 3% on the day.
Jazz Pharmaceutical PLC (NASDAQ: JAZZ): Citigroup initiated coverage with a Buy rating and a $200 price target. The consensus price objective is $208.50. The shares closed on Monday at $127.21.
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