Investing

Wednesday's Top Analyst Upgrades and Downgrades: Beyond Meat, Capital One, DoorDash, Foot Locker, Krispy Kreme, Urban Outfitters and More

Krispy Kreme Inc. (NASDAQ: DNUT): Goldman Sachs downgraded the stock to Sell from Neutral and trimmed the target price to $14 from $15. The consensus target is $18.11. The last trade on Wednesday came in at $14.55 a share, after a retreat of almost 5% for the day.

MP Materials Corp. (NYSE: MP): BofA Securities resumed coverage with a Buy rating and a $52 price target. The consensus target is just $43.98. The stock closed on Tuesday at $43.94.

Redbox Entertainment Inc. (NASDAQ: RDBX): Wedbush started coverage with an Outperform rating and a $15 price target. The consensus price objective for the popular DVD movie vendor is much higher at $24. The shares closed on Tuesday at $11.88, after a pop of close to 6%.

Shift4 Payments Inc. (NYSE: FOUR): Loop Capital began coverage with a Buy rating and a $69 price target. The consensus target is a much higher $109.10. The last Tuesday trade was reported at $52.02.

Sun Communities Inc. (NYSE: SUI): Citigroup resumed coverage with a Buy rating and has a $225 price target. The consensus target is $225.13. The final trade for Tuesday was reported at $188.85, which was over 4% lower on the day.

Tronox Holdings PLC (NYSE: TROX): UBS’s double upgrade to Buy from Sell included a target price boost to $32 from $22. The consensus target is $27.56. The last trade on Tuesday came in at $21.99.

Urban Outfitters Inc. (NASDAQ: URBN): Jefferies resumed coverage with a Buy rating and a $46 price target. The consensus target is $42.87. The stock closed at $31.67 on Tuesday.

Ziff Davis Inc. (NYSE: ZD): Wedbush began coverage with an Outperform rating and a $150 target price. The consensus target is up at $166.88. The stock rose almost 3% on Tuesday to close at $113.87.


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Tuesday’s early top analyst upgrades and downgrades included Dollar Tree, Plains All American Pipeline, Simon Property, SoFi Technologies, Square, Synchrony Financial, Tyson Foods, U.S. Bancorp and Zoom Video Communications. Analyst calls seen later in the day were on Chevron, Toyota, Victoria’s Secret and more.

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