Investing

Wednesday's Top Analyst Upgrades and Downgrades: Activision, Electronic Arts, Foot Locker, Intel, Las Vegas Sands, Nike, SoFi, Unity Software and More

Commercial Metals Co. (NYSE: CMC): This was selected as Bull of the Day at Zacks. The analyst points out that estimates are moving higher as commodity prices continue to rise. Shares closed most recently at $36.51, and the consensus price target is $38.50.

Decker’s Outdoors Corp. (NYSE: DECK): Seaport Research Partners started coverage on the retailer with a Buy rating and a $445 price target. The consensus target is up at $480.50. The stock closed on Tuesday at $322.79.

Electronic Arts Inc. (NASDAQ: EA): Atlantic Equities upgraded shares of the video game heavyweight from Neutral to Overweight with a $160 target price. That compares with the higher $171.16 consensus target and Tuesday’s closing trade of $133.91.

First Republic Bank (NYSE: FRC): Evercore ISU raised its In Line rating to Outperform and hiked the $215 price objective to $220. The consensus target is $221.43. The final trade on Tuesday was at $179.94 a share, down over 6% on the day.

Foot Locker Inc. (NYSE: FL): Seaport Research Partners started coverage on the popular athletic shoe retailer with a Buy rating and a $59 price target. The consensus target price is up at $62.92. The last trade on Tuesday came in at $43.21.

Incyte Corp. (NASDAQ: INCY): RBC Capital Market raised the shares to Outperform from Sector Perform and pushed the target price from $78 to $90. The consensus target is $92.38. The stock closed at $75.01 on Tuesday.

Intel Corp. (NASDAQ: INTC): Citigroup reiterated a Neutral rating on the venerable chip heavyweight but raised the target price to $58 from $56. The $55.69 consensus target is close to Tuesday’s closing print of $54.76.


iRhythm Technologies Inc. (NASDAQ: IRTC): Morgan Stanley upgraded the stock to Overweight from Equal Weight and raised the price objective to $167 from $129. The consensus target is $151.50. The final trade on Tuesday was reported at $132.98, which was down close to 6% for the day.

Las Vegas Sands Corp. (NYSE: LVS): UBS upgraded the stock to Buy from Neutral and has a $53 price target. The consensus target is $49.37. The stock was last seen on Tuesday trading at $43.10, and shares were up close to 2% in premarket trading.

LiveVox Holding Inc. (NASDAQ: LVOX): Stifel resumed coverage with a Buy rating and a $12 price target. The consensus target is just $9.67. The shares closed trading on Tuesday at $4.83.

LyondellBasell Industries N.V. (NYSE: LYB): Atlantic Equities downgraded the specialty chemicals giant from Overweight to Neutral with a $113 price objective. The consensus target is $111.28. The stock closed on Tuesday at $100.98 a share.

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