Investing
Thursday's Top Analyst Upgrades and Downgrades: Amazon, CarMax, Carnival, Chipotle, Delta Air, Etsy, GameStop, IBM, Meta Platforms, Nvidia, Salesforce and More
April 14, 2022 8:55 am
Last Updated: April 14, 2022 9:06 am
Carnival Corp. & PLC (NYSE: CCL): Jefferies reiterated a Hold rating on the cruise giant and has a $19 target price. The final trade for the stock Wednesday came in at $19.51, which was up close to 6% for the day.
Chipotle Mexican Grill Inc. (NYSE: CMG): Oppenheimer is maintaining a “top pick” status on the wildly popular restaurant chain. The analyst has an Outperform rating and a $1,925 target price, which compares with the $1,919.89 consensus target. Wednesday’s closing print of $1,590 was up close to 4% for the day.
Delta Air Lines Inc. (NYSE: DAL): Barclays raised its Equal Weight rating to Overweight and boosted $42 the target price to $60. The consensus target is $50.47. The shares closed on Wednesday at $41.02, up over 6% after posting sparkling earnings. The strength carried through to the premarket, with the stock up an additional 1.3%.
eBay Inc. (NASDAQ: EBAY): Baird maintained an Outperform rating and an $80 price objective. That compares with the much lower $66.49 consensus target and Wednesday’s closing trade of $55.12.
Etsy Inc. (NASDAQ: ETSY): Oppenheimer maintained an Outperform rating but lowered the $215 target price to $175. The consensus target is up at $206.79. The final trade on Wednesday was posted at $117.47, a gain of 4% for the day.
GameStop Corp. (NYSE: GME): The Zacks Bear of the Day is a trading mechanism at best (a losing lottery ticket at worst), not a buy and hold investment, says the analyst. Shares have traded as high as $344.66 in the past year but closed most recently at $150.70.
Hayward Holdings Inc. (NYSE: HAYW): Goldman Sachs cut its $27 target price to $23 while maintaining a Buy rating. The consensus target is $23. Wednesday’s closing share price of $17.31 was up over 3% for the day.
Helmerich & Payne Inc. (NYSE: HP): Goldman Sachs raised its $36.50 target price target on the oil well drilling giant to $41 but kept a Sell rating on the shares. The consensus target is $41.32. The stock closed Wednesday at $48.21, up over 4% on the day.
International Business Machines Corp. (NYSE: IBM): Morgan Stanley raised the legacy technology giant to Overweight from Equal Weight and nudged the $147 target price to $150. The consensus target for Big Blue is $143.26. The shares closed on Wednesday at $126.14.
MasTec Inc. (NYSE: MTZ): Stifel cut the $117 price target to $96.50 but kept a Buy rating on the shares. The consensus target is $113.25. The last trade for Wednesday was reported at $78.60.
Meta Platforms Inc. (NASDAQ: FB): Oppenheimer reiterated an Outperform rating on the social media heavyweight and has a $305 price target. The consensus target is $324.03, and Wednesday’s closing print was $214.99.
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