Investing
Wednesday's Top Analysts Upgrades and Downgrades: Arista Networks, Colgate-Palmolive, Expedia, Global Payments, Huntsman, ON Semiconductor, ZoomInfo and More
May 4, 2022 8:49 am
Last Updated: May 4, 2022 9:30 am
ChemoCentryx Inc. (NASDAQ: CCXI): Stifel kept a Buy rating and has an $85 target price. The consensus target is $77. The closed almost 6% lower on Tuesday at $17.68.
Colgate-Palmolive Co. (NYSE: CL): Zacks has selected this stock as its Bear of the Day, citing costs that are adding up for this consumer staples stock. The shares have traded as high as $85.61 in the past year but closed most recently at $74.49, which is down more than 12% year to date.
Expedia Group Inc. (NASDAQ: EXPE): Goldman Sachs kept a Buy rating on the shares after improving first-quarter results, and the analyst has a $206 target price. The consensus figure is up at $215.27. The stock closed over 14% lower on Tuesday at $150.31, despite the company’s comments about a solid summer season.
Freshpet Inc. (NASDAQ: FRPT): Oppenheimer maintained an Outperform rating while slicing the $120 target price to $110. The consensus target is $130.54, and the shares closed Tuesday at $82.92, after falling almost 11% for the day. Note that the company posted a first-quarter loss while beating revenue estimates, and it announced a secondary stock offering.
Global Payments Inc. (NYSE: GPN): Baird trimmed its $205 target price to $192 while keeping an Outperform rating. The consensus target is $183.75. The stock closed almost 3% higher on Tuesday at $128.07.
Huntsman Corp. (NYSE: HUN): Investors hunting for value should consider this stock, says Zacks, which named this chemicals company as its Bull of the Day. Shares last closed at $34.44, and the consensus target price of $46.06 would be a 52-week high.
InMode Ltd. (NASDAQ: INMD): Baird reiterated an Outperform rating but slashed the $82 target price to $57. The consensus target is $62.33. The stock was closed at $26.05 on Tuesday.
iTron Inc. (NASDAQ: ITRI): Baird maintained a Neutral rating and cut its $54 price target to $48 after the company reported mixed first-quarter results. The consensus target is up at $65.88. Tuesday’s final trade was at $48.26 per share.
Jeld-Wen Holding Inc. (NYSE: JELD): Baird lowered the $25 price target to $22 while keeping a Neutral rating. The consensus target is $26.85. The closing share price on Tuesday was $18.67.
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