Investing
Thursday's Top Analyst Upgrades and Downgrades: Adobe, Carnival, Hyatt Hotels, Nio, Nvidia, RealReal, Starbucks, Tyson Foods, Vertex Pharmaceuticals and More
March 24, 2022 8:46 am
Last Updated: July 5, 2022 7:43 am
E2open Parent Holdings Inc. (NASDAQ: ETWO): Colliers Securities upgraded the shares from Neutral to Buy with a $13 target. The consensus target is $13.50 The stock closed Wednesday at $9.67, up over 3% on the day.
GDS Holdings Ltd. (NASDAQ: GDS): Truist Securities reiterated a Buy rating with an $85 target price. The consensus target is $74.60. The shares closed Wednesday at $42.63, up over 8% in the wake of results that topped revenue estimates.
Hyatt Hotels Corp. (NYSE: H): Truist Securities bumped up the $106 target price to $111 while keeping a Buy rating on the lodging giant’s shares. The posted consensus target is $100.12. The closing share price on Wednesday was $93.17.
LGI Homes Inc. (NASDAQ: LGIH): BTIG Research downgraded the shares to Sell from Neutral and has a $98 target price. The consensus target is higher for now at $150. The stock closed on Wednesday at $108.96, down close to 10% on basically no news.
NetApp Inc. (NASDAQ: NTAP): Goldman Sachs stuck with a Sell rating on the shares and a $74 target price. BofA Securities downgraded the shares to Neutral from Buy and has a $96 price target. The consensus figure is $98.42, and Wednesday’s closing print was $87.22.
Nio Inc. (NYSE: NIO): China Renaissance started coverage with a Buy rating and a $32.40 price objective. The consensus target is up at $51.69. The final trade on Wednesday was for $21.87a share.
24/7 Wall St.Nvidia Inc. (NASDAQ: NVDA): Goldman Sachs reiterated a Neutral rating on the chip leader and has a $245 target. Oppenheimer kept an Outperform rating and a $350 price target. The consensus target is $341.15. Wednesday’s final share price of $256.34 was down close to 4% for the day.
Ping Identity Holding Corp. (NYSE: PING): Stifel upgraded the stock to Buy from Hold, and it raised the $25 price objective to $30. The consensus target is $29.86. The stock closed on Wednesday at $24.11. Shares were up closed to 3% in the premarket.
Poshmark Inc. (NASDAQ: POSH): Goldman Sachs lowered its $24 price target to $16 but kept a Neutral rating on the shares. Stifel maintained a Buy rating and cut the target price to $19 from $23. The consensus target is $23.08. The last trade on Wednesday was reported at $14.18.
Power Integrations Inc. (NASDAQ: POWI): Stifel maintained a Buy rating. Its $118 target price is higher than the consensus target of $109.17. The close on Wednesday was at $94.44.
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