RingCentral Inc. (NYSE: RNG): Barclays started coverage with an Overweight rating and a $350 price target. The posted consensus target is $397.78. The last trade on Wednesday came in at $241.46.
Squarespace Inc. (NYSE: SQSP): Truist Securities started coverage with a Buy rating and a $50 price target. The consensus target is $59.91. The last trade for Wednesday was reported at $39.23.
Tesla Inc. (NASDAQ: TSLA): Goldman Sachs reiterated a Buy rating, despite the electric vehicle giant reporting somewhat mixed results, though deliveries hit an all-time high. The analysts have a $905 price target, which compares with the much lower $708.41 consensus target. The stock closed on Wednesday at $865.80, and shares are down just over 1% in the premarket.
Wix.com Ltd. (NASDAQ: WIX): RBC Capital Markets downgraded the shares to Sector Perform from Outperform and dropped the $270 price objective to $210. The consensus price target is $266.78. The last trade for Wednesday was reported at $197.35.
Zoom Video Communications Inc. (NASDAQ: ZM): Barclays initiated coverage with an Equal Weight rating and a $270 price target. The consensus target is up at $374.40. The closed on Wednesday at $275.71 a share.
Five top stocks on the Goldman Sachs European Conviction List all trade on American exchanges, have liquidity and pay very dependable dividends. They are outstanding total return ideas now and are positioned well for the rest of 2021 and beyond.
See which five uranium-mining stocks are soaring. Wednesday’s meme stock movers included ContextLogic and Sundial Growers.
Wednesday’s early top analyst upgrades and downgrades included Anheuser-Busch InBev, Bank of New York Mellon, Gilead Sciences, Micron Technology, Mosaic, Netflix, Philip Morris International, Urban Outfitters and Western Digital. Analyst calls seen later in the day were on Ford, First Solar, Halliburton and more.
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