DCP Midstream L.P. (NYSE: DCP): Truist Securities raised its Hold rating to Buy with a $37 price target. The consensus target is $35.46. The stock closed Wednesday at $30.60.
DoorDash Inc. (NYSE: DASH): Needham reiterated a Buy rating on the popular food delivery stock and boosted the price target to $270 from $240. Piper Sandler maintained a Neutral rating, and it nudged the $221 target price to $227. The consensus target is $205.73. The stock closed Wednesday at $214.28, which was up almost 12% on the day after the announcement DoorDash made to acquire Wolt Enterprises and earnings were better than estimates.
Doximity Inc. (NYSE: DOCS): Needham reiterated a Buy rating on the stock and raised the $70 target price to $75. Goldman Sachs stayed with a Neutral rating but raised the target price to $45 from $40. The consensus target is $64.89. The last Wednesday trade hit the tape at $72.01, which was down close to 6% on the day. The company posted solid results, but a looming lockup period expiration is a concern.
Duolingo Inc. (NASDAQ: DUOL): Evercore ISI upgraded the stock to Outperform from In Line and lifted the price target to $195 from $140. The consensus target is $156.83. The stock closed Wednesday at $148.06.
Formula One Group Inc. (NASDAQ: FWONA): Benchmark upgraded the stock from Hold to Buy with a $65 price target. The consensus target is $53.57. The last trade for Wednesday came in at $53.36.
General Electric Co. (NYSE: GE): Cowen kept a Market Perform rating on the legacy industrial giant and raised the price target to $126 from $108, while UBS maintained it at Buy and lifted the $136 price objective to $143. The consensus target is $119.76. The final trade for Wednesday hit the tape at $108.96.
GoPro Inc. (NASDAQ: GPRO): Morgan Stanley upgraded the stock to Equal Weight from Underweight and also lifted the target price to $11 from $9.80. That compares with a $10.70 consensus and Wednesday’s final print of $9.67. The shares were up almost 4% in the premarket.
Navitas Semiconductor Corp. (NASDAQ: NVTS): Baird started coverage on the revolutionary semiconductor stock with an Outperform rating and a $22 price target. No consensus target was available as the company had a recent SPAC conversion IPO. Since then, the shares have traded between $11.73 and $16.09. The closing share price on Wednesday was $16.51, after over a 5% pop for the day.
Plug Power Inc. (NASDAQ: PLUG): Cowen reiterated an Outperform rating and lifted the price objective to $44 from $41. RBC Capital Markets also maintained an Outperform rating, and its $40 price target was lifted to $48. The consensus target is $44.65, and the stock was last seen at $40.18 on Wednesday.