Investing

Friday's Top Analyst Upgrades and Downgrades: Allstate, Costco, EA, Etsy, Lyft, Plug Power, Qualcomm, Roku, Starbucks and More

Bookings Holdings Inc. (NASDAQ: BKNG): Jefferies reiterated a Buy rating and raised the $2,850 price target to $2,900. Goldman Sachs reiterated a Neutral rating but raised the price target on the online travel giant from $2,230 to $2,430. The consensus target is $2,539.64, and the final trade for Thursday was reported at $2,437.01 a share. The company posted very solid results for the quarter.

Continental Resources Inc. (NYSE: CLR): Siebert Williams Shank downgraded the energy giant from Buy to Hold with a $55 price target. The consensus target is $51.01. The stock retreated almost 5% on Thursday to close at $44.65, in the wake of disappointing results this week.

Costco Wholesale Corp. (NASDAQ: COST): Like a host of other Wall Street firms, JPMorgan reiterated a Buy rating on the retailing mammoth, and the analyst lifted the target price to $552 from $500. The consensus target is just $484.80. The stock closed at $515.62, up almost 3% for the day on extremely strong quarterly results.

Cutera Inc. (NASDAQ: CUTR): Maxim Group upgraded the stock from Hold to Buy with a $60 price target. The consensus target is $64.25. The final trade Thursday came in at $45.10.

Electronic Arts Inc. (NASDAQ: EA): Oppenheimer reiterated an Outperform rating on the video game giant and lifted the price objective to $170 from $165. Credit Suisse also reiterated an Outperform rating, and it boosted its $175 target price to $177. The consensus target is $172.59. Thursday’s closing share price of $142.48 came after a 2% for the day. The company posted very strong quarterly results.


Etsy Inc. (NASDAQ: ETSY): Like others on Wall Street, Needham reiterated a Buy rating, and it increased its price target to $265 from $250. The consensus target is $235.50. The stock blew through those levels Thursday, closing at $271.27. It was up over 13% on the day after posting huge positive results for the quarter.

HubSpot Inc. (NASDAQ: HUBS): Raymond James, like a host of other Wall Street firms, reiterated a Strong Buy rating, and it lifted its $800 price target higher to $900. The consensus target for the red-hot tech company is $813.78, but the last trade for Thursday was reported at $819.08. That was up over 5% for the day, after solid third-quarter results were posted.

Humana Inc. (NYSE: HUM): Morgan Stanley and other Wall Street firms reiterated their Overweight and Outperform ratings on the health care giant, Morgan Stanley raised its price target from $513 to $559, well above the consensus target is $486.46. The stock was last seen trading at $453.55. The company posted higher revenue for the quarter but income did slip some.

Lumen Technologies Inc. (NYSE: LUMN): Citigroup raised its Sell rating to Neutral with a $23 price target. The consensus target is just $11.10. The stock closed Thursday at $13.72, after a pop of almost 13% in the wake of stellar quarterly results.