Investing

Friday's Top Analyst Upgrades and Downgrades: Alphabet, IBM, Marriott, Marvell Technology, Snap, Teladoc, TripAdvisor, Twitter, Uber, Zillow and More

Freshpet Inc. (NASDAQ: FRPT): Goldman Sachs cut its $154 price target to $121 and kept a Neutral rating on the stock. The consensus price objective is $167.93. The stock closed Thursday at $107.

GoodRX Holdings Inc. (NASDAQ: GDRX): Jefferies started coverage with a Buy rating and a $47 price objective The consensus target is $45.53. The stock ended Thursday at $39.66, which was up over 4% for the day.

JinkoSolar Holding Co. Ltd. (NYSE: JKS): CIBC raised its Neutral rating to Sector Outperform and has a $66.10 price target. The consensus target is $44.87. The final trade for Thursday was reported at $48.56.

International Business Machines Corp. (NYSE: IBM): Evercore ISI resumed coverage with an In Line rating and a $125 price target. The much higher consensus target is $148.48, and Thursday’s final print was $116.90 a share.

Marriott International Inc. (NASDAQ: MAR): Loop Capital resumed coverage with a Hold rating and sliced the $165 price target to $163. The consensus target is $162.90. The shares closed over 6% higher on Thursday to $151.12.


Marvell Technology Inc. (NASDAQ: MRVL): Goldman Sachs raised its rating to Buy from Neutral and lifted the $63 price target all the way to $95. The consensus target is just $79. The final trade for Thursday was reported at $71.03. Shares were up almost 22% in premarket action, after reporting blowout earnings results.

Piper Sandler Companies (NYSE: PIPR): Wolfe Research started coverage of the broker-dealer with an Outperform rating and a $215 price target. The consensus target is a much lower $182.25. The shares closed trading at $171.02 on Thursday.

Smart Global Holdings Inc. (NASDAQ: SGH): Zacks says that this tech company is roaring out of the shadows with an ambitious growth strategy that won’t remain under the radar for much longer. The firm has selected it as the Bull of the Day. The shares most recently closed at $58.60 and have a consensus price target of $72.00, which would be an all-time high.

Snap Inc. (NYSE: SNAP): UBS resumed coverage of the social media favorite with a Buy rating and a $67 price target. The consensus target is up at $75.36. The last trade on Thursday hit the tape at $47.91.

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