Investing

Friday's Top Analyst Upgrades Downgrades: Boeing, Disney, Gilead Sciences, IBM, Rivian, Roblox, Visa and More

B&G Foods Inc. (NYSE: BGS): Cost inflation is hitting the maker of Green Giant, says Zacks, which named this stock as its Bear of the Day. Shares have traded as high as $36.52 in the past year but closed most recently at $23.83, which is down more than 22% year to date.

Boeing Co. (NYSE: BA): Jefferies reiterated a Buy rating on the aerospace and defense giant and has a $225 price target. The stock has traded as high as $258.40 in the past year but ended Thursday at $123.14, which was down close to 5% for the day.

CF Industries Holdings Inc. (NYSE: CF): Stifel lowered the $107 price target on the Hold-rated shares to $93. The consensus is target is $112.18. The shares closed over 3% higher on Thursday at $98.63.

Coupa Software Inc. (NASDAQ: COUP): Goldman Sachs downgraded the shares to Sell and slashed the $83 target price to $64. The consensus target is $105.71. The stock closed over 2% on Thursday at $66.01.

Crocs Inc. (NASDAQ: CROX): Baird is very positive on the Outperform-rated stock and added it to the firm’s Fresh Picks list of top new ideas. The $120 price target compares with the $110.22 consensus target and Thursday’s closing print of $56.05m which was up over 7% on the day.

Dutch Bros Inc. (NASDAQ: BROS): Baird kept an Outperform but cut the target price in half to $30. The consensus target is $65.44 for now, after the stock closed Thursday at $25.11, down close to 27% after first-quarter results missed the estimates on Wall Street.

DigitalOcean Holdings Inc. (NYSE: DOCN): Goldman Sachs started coverage with a Buy rating and a $49 price target. The consensus target is higher at $59.67. The last trade Thursday was reported at $33.68, up over 9% for the day on no reported news we could find.

Gilead Sciences Inc. (NASDAQ: GILD): Baird reiterated a Neutral rating on the biotech giant and has a $63 price target. The consensus target is $69.56. The shares closed over 3% higher on Thursday at $62.48.


International Business Machines Corp. (NYSE: IBM): Jefferies maintained a Buy rating and a $165 price target on the venerable technology giant. The consensus target is $144.16. The stock closed at $132.90 on Thursday.

International Game Technology PLC (NYSE: IGT): Jefferies reiterated a Buy rating with a $26 target price. The consensus target is up at $36.09. Thursday’s close was at $20.18.

Playa Hotels & Resorts N.V. (NASDAQ: PLYA): This was selected as the Bull of the Day stock at Zacks, with the analyst suggesting that travelers are headed to Mexico and the Caribbean again. The stock last closed at $8.22 a share, and its $13.00 consensus price target would be a 52-week high.

Rivian Automotive Inc. (NASDAQ: RIVN): Baird reiterated an Outperform rating on the electric vehicle shares but lowered the $84 price objective to $67. The consensus target is $77.29. The stock was last seen Thursday at $24.30, up almost 18% after the company posted a very solid forward-looking scenario.

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