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
Vroom Inc. (NASDAQ: VRM): Truist Securities downgraded the shares to Hold from Buy. Over the past year, the stock has traded in a stunning range of $5.10 to $49.03. The consensus target is $17.50. The shares closed Tuesday at $3.25, after plunging 47% in the wake of a dreadful quarterly report.
Waste Management Inc. (NYSE: WM): JPMorgan resumed coverage with a Neutral rating and a $153 target price. The consensus target is $165.29. The stock closed at $146.58 on Tuesday.
Workday Inc. (NASDAQ: WDAY): Societe Generale’s upgrade to Buy from Hold included a price target hike to $309 from $306. The consensus target is higher at $317.82, and Tuesday’s closing print of $240.33 was just shy of a 5% gain for the day.
Zoom Video Communications Inc. (NASDAQ: ZM): Goldman Sachs dropped the $200 price target to $171 while keeping a Neutral rating on the shares. The consensus price objective is much higher $215.51. The final trade for Tuesday was reported at $122.78, down close to 8% on the day.
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Tuesday’s early top analyst upgrades and downgrades included Arista Networks, Block, Cheniere Energy, Datadog, Foot Locker, Intuit, Kroger, TechnipFMC and Workday. Analyst calls seen later in the day were on Comcast, Farfetch, GoodRx, Vroom and more.
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