Investing
Wednesday's Top Analyst Upgrades and Downgrades: Allstate, Comcast, DraftKings, Kroger, Snap, Twitter, Waste Management, Workday, Zoom Video and More
March 2, 2022 8:48 am
Last Updated: March 3, 2022 7:54 am
MongoDB Inc. (NASDAQ: MDB): RBC Capital Markets initiated coverage with an Outperform rating and a $505 target. The consensus price objective is up at $557.33. The shares were last seen on Tuesday trading at $381.81 apiece.
ON24 Inc. (NYSE: ONTF): Piper Sandler downgraded the shares to Neutral from Overweight and has a $17 target price. Baird cut its Outperform rating to Neutral with an $18 target. The consensus target is $24.17 for now. The stock closed Tuesday at $13.67, down close to 13% after the company reported a fourth-quarter loss.
Pennant Group Inc. (NASDAQ: PNTG): Stifel downgraded the stock to Hold from Buy and slashed the $32 target price to $18. The consensus price is $31.75. The shares closed almost 8% lower on Tuesday to $15.02.
Snap Inc. (NYSE: SNAP): Benchmark began coverage with a Buy rating and a $50 price target. The consensus target for the popular social media company is $57.65, and the shares last changed hands on Tuesday at $37.84, which was down just over 5% for the day.
Sunstone Hotel Investors Inc. (NYSE: SHO): Evercore ISI raised the stock to Outperform from In line. The shares have traded in a 52-week range of $9.93 to $13.31 and have a $12.71 consensus price objective. Tuesday’s closing share price of $10.17 was down close to 4% for the day.
Tenet Healthcare Corp. (NYSE: THC): Goldman Sachs upgraded the stock to Buy from Neutral and has a $121 price target. The consensus target for the company is set lower at $98.76. The shares were last seen on Tuesday at $88.11.
Twitter Inc. (NYSE: TWTR): Benchmark began coverage with a Hold rating. The stock has traded in a 52-week range of $31.30 to $77.10 and has a $46.17 consensus price objective. Tuesday’s last trade hit the tape at $35.56.
Voya Financial Inc. (NYSE: VOYA): Piper Sandler lowered its $81 target price to $74, which compares with a consensus price objective of $79.38 and Tuesday’s final print of $63.22, after retreating over 6% on the day.
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