Investing

Thursday's Top Analyst Upgrades and Downgrades: AT&T, Abbott Labs, AMD, Canopy Growth, Eli Lilly and More

Cleanspark Inc. (NASDAQ: CLSK): H.C. Wainwright resumed coverage with a Buy rating and a $16 price target. The consensus target is a stunning $42.50. Shares of the bitcoin-mining company were last seen on Wednesday at $11.56.

Cognyte Software Ltd. (NASDAQ: CGNT): Wedbush’s downgrade was to Neutral from Outperform, as it has a $17 price target. The consensus target is $31.40. The shares were ended Wednesday at $15.00, after retreating almost 5% for the day.

Eli Lilly and Co. (NYSE: LLY): Argus reiterated a Buy rating on the pharmaceutical giant with a $300 price target. The stock has traded as high as $283.90 in the past year but was last seen at $266.50 on Wednesday.

ESS Tech Inc. (NYSE: GWH): Baird started coverage with an Outperform rating and a $15 price target. The consensus target is up at $24.75. The stock was closed on Wednesday at $12.67.

EVO Payments Inc. (NASDAQ: EVOP): Northcoast upgraded the stock from Neutral to Buy with a $29 price target. The consensus target is $27.64. The shares closed Wednesday almost 5% higher to $25.01.

Global Payments Inc. (NYSE: GPN): Northcoast raised its Neutral rating to Buy from and has a $160 price target. The consensus target is up at $190.95. The shares closed Wednesday at $134.84.

Luminar Technologies Inc. (NASDAQ: LAZR): Citigroup resumed coverage with a Buy rating but slashed the price target to $40 from $50. The consensus target is just $26.75. The shares closed on Wednesday at $16.70, which was up over 4% on the day.

PACCAR Inc. (NASDAQ: PCAR): Bernstein raised its Market Perform rating to Outperform and has a $98 price target. The consensus target is $97.53. The stock closed at $84.26 on Thursday.

Sun Country Airlines Holdings Inc. (NASDAQ: SNCY): Evercore ISO started coverage with an Outperform rating and a $45 target price. The consensus target is $42.67. The stock closed on Wednesday at $26.62.

Workiva Inc. (NYSE: WK): Stifel resumed coverage with a Buy rating, but it cut the $175 price target to $150. The consensus target is $168.67. The final trade for Wednesday was at $133.45 a share.

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Wednesday’s early top analyst upgrades and downgrades included Biogen, Goodyear Tire, Hippo, Krispy Kreme, Lockheed Martin, Micron Technology, Microsoft, Nike and Patterson-UTI Energy. Analyst calls seen later in the day were on Caterpillar, Darden Restaurants, First Solar, LendingClub, Upstart and more.

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