Investing
Friday's Top Analyst Upgrades and Downgrades: Biogen, Broadcom, Cloudflare, Diageo, Eli Lilly, Rio Tinto, Southwest Airlines and More
December 10, 2021 8:40 am
Last Updated: December 15, 2021 10:44 am
Precision Drilling Corp. (NYSE: PDS): The TD Securities upgrade was to Buy from Hold. The shares have traded in a 52-week range of $15.60 to $50.42 and have a consensus price target of $55.51. The last trade on Thursday came in at $34.03.
Radius Health Inc. (NASDAQ: RDUS): Goldman Sachs downgraded the stock to Neutral from Buy and has a $12 price target. The consensus target is a stunning $22.50. The shares closed Thursday at $7.60, down over 5% for the day.
Rio Tinto Inc. (NYSE: RIO): Morgan Stanley upgraded the miner to Overweight from Equal Weight. Over the past 52 weeks, the stock has traded between $59.58 and $95.97, and it has a consensus price objective of $71.12. The stock closed at $63.98 a share on Thursday.
Saia Inc. (NASDAQ: SAIA) Susquehanna started the trucking giant with a Positive rating and a $400 price target. The consensus target is just $329.57. Thursday’s final trade was posted at $329.83 per share.
Sarepta Therapeutics Inc. (NASDAQ: SRPT): Oppenheimer upgraded the shares to Outperform from Perform and has a $125 price objective. The consensus target is $123.39. The stock closed most recently at $85.46.
Southern Copper Inc. (NYSE: SCCO): Morgan Stanley raised the stock from Underweight to Equal Weight with a $55 price target. The consensus target is $61.87. The closing share price on Thursday was $61.12.
Southwest Airlines Inc. (NYSE: LUV): Goldman Sachs downgraded the popular low-cost carrier to Sell from Neutral and lowered the $59 price target all the way to $36. The consensus target is up at $60.33. The stock was last seen Thursday at $43.61, which was down almost 4% for the day. The shares a=were down an additional 4% in premarket action.
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Thursday’s early top analyst upgrades and downgrades included AutoZone, Charter Communications, Edwards Lifesciences, FuboTV, MFA Financial, Phillips 66, Southwest Airlines, Stitch Fix, TechnicFMC and Toll Brothers. Analyst calls seen later in the day were on AbbVie, Occidental Petroleum, Pfizer, SunPower, Yum! Brands and more.
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