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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
NanoString Technologies Inc. (NASDAQ: NSTG): Stifel reiterated a $70 price objective, much higher than the $56.20 consensus target. The stock was obliterated Wednesday, closing down a stunning 34% at $21.87 after the company warned of revenues coming in well below Wall Street estimates.
Nvidia Corp. (NASDAQ: NVDA): Zacks has named this tech giant as its Bull of the Day stock. The analyst makes a case that its revolutionary CEO and his constant disdain for the status quo have driven the company to greatness. Shares last closed at $222.03 apiece and have a consensus price target of $334.94.
Pentair PLC (NYSE: PNR): Goldman Sachs lowered its $89 target price to $77 but kept a Buy rating on the stock. The consensus target is $71.40. The close on Wednesday was at $52.96 a share.
Salesforce.com Inc. (NYSE: CRM): Baird maintained an Outperform rating and has a $300 target price. The analyst cited strong spending from the U.S. government. The consensus target is $293.11. Wednesday’s final trade came in at $195.72.
SeaWorld Entertainment Inc. (NYSE: SEAS): Stifel raised its price target to $93 from $87, citing the recent sell-off as offering an excellent entry point for the theme park giant. The consensus target is $79.67. The stock closed on Wednesday at $71.83, up over 7% on no substantial news.
Verint Systems Inc. (NASDAQ: VRNT): Oppenheimer reiterated an Outperform rating and has a $60 target price. The consensus target is $65.14, and shares were last seen trading at $52.88.
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Wednesday’s early top analyst upgrades and downgrades included AbbVie, Blackstone, Boston Scientific, CarMax, Chewy, Eli Lilly, Medtronic, NetApp, Ping Identity, Shopify, Veru and Zscaler. Analyst calls seen later in the day were on Apollo Global, Nvidia and more.
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