Investing

Thursday's Top Analysts Upgrades and Downgrades: Caesars, Chevron, Exxon, Gap, Ginkgo Bioworks, Home Depot, New York Mortgage Trust, Novavax, NOV, SoFi and More

DoubleVerify Holdings Inc. (NYSE: DV): JPMorgan downgraded the shares to Neutral from Overweight and cut the price objective to $32 from $42. The consensus target is $37.70. The stock closed on Wednesday at $24.02, down close to 11% for the day.

Exact Sciences Corp. (NASDAQ: EXAS): Goldman Sachs lowered the target price on the home colonoscopy test company to $100 from $114 while keeping a Buy rating on the shares. The consensus target is $127.12. The stock was last seen Wednesday at $68.99, down 6% on the day.

Exxon Mobil Corp. (NYSE: XOM): Cowen reiterated a Market Perform rating on the energy giant and bumped the target price to $77 from $71. The consensus target is $80.81. The final trade on Wednesday at $76.77 per share.

Fluor Corp. (NYSE: FLR): Baird upgraded the stock to Outperform from Neutral but trimmed the target price to $29 from $30. No consensus target was available. The shares ended Wednesday at $21.08, which was up close to 6% for the day.


Gap Inc. (NYSE: GPS): This retailer was selected as the Zacks Bear of the Day stock. The analyst ponders how bad apparel retail really is. Shares hit a new 52-week low of $13.51 on Wednesday and were even lower in premarket trading.

Ginkgo Bioworks Holdings Inc. (NYSE: DNA): Goldman Sachs started coverage with a Neutral rating and a $7 target price. That compares with the higher $11.80 consensus target and Wednesday’s final trade of $4.26.

Home Depot Inc. (NYSE: HD): Telsey Advisory reiterated an Outperform rating on the big-box retail heavyweight but cut the target price to $375 from $425. The consensus price objective is $402.45, and Wednesday’s closing trade was at $308.45 a share.

MKS Instruments Inc. (NASDAQ: MKSI): Loop Capital initiated coverage on the stock with a Buy rating and a $200 price objective. That compares with the $204.70 consensus target and Wednesday’s closing print of $143.07.

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