Investing
Thursday's Top Analyst Upgrades and Downgrades: Amazon, DraftKings, Goldman Sachs, Las Vegas Sands, Lyft, SunPower, Twitter, Weyerhaeuser, Wynn Resorts and More
June 30, 2022 8:48 am
Last Updated: June 30, 2022 8:55 am
Crown Castle International Corp. (NYSE: CCI): Deutsche Bank lowered its Buy rating to Hold and cut the $204 price target to $183. The consensus target is $200.11. The final trade on Wednesday was recorded at $167.31.
DraftKings Inc. (NASDAQ: DKNG): Barclays initiated coverage on shares of the popular fantasy sports and gaming site with an Equal Weight rating and a $14 target price. The consensus target is higher at $28.02. The closed almost 3% lower on Wednesday at $12.41.
Federated Hermes Inc. (NYSE: FHI): Keefe Bruyette’s upgrade to Outperform from Market Perform included a price target hike to $40 from $32. The consensus target is $34.00. Wednesday’s closed was at $31.83.
Generac Holdings Inc. (NYSE: GNRC): Wells Fargo initiated coverage with an Overweight rating and a $285 target price. That compares with the much higher $386.65 consensus target and the $214.61 closing share price on Wednesday.
Goldman Sachs Group Inc. (NYSE: GS): BofA Securities upgraded the white glove investment bank to Buy from Neutral. It also raised the $360 target price to $380, but the consensus target is still higher at $417.58. The last trade on Wednesday was reported at $303.28.
Icosavax Inc. (NASDAQ: ICVX): Evercore ISI upgraded the stock to Outperform from In Line and has an $18 target price. The consensus target is up at $25.50. The shares closed Wednesday at $7.01, which was down almost 17% on the day despite announcing positive clinical results.
Las Vegas Sands Corp. (NYSE: LVS): Barclays started coverage of the gaming giant with an Overweight rating and a $39 target. The consensus is $48.31. The stock closed almost 3% lower on Wednesday at $33.61.
24/7 Wall St.Lyft Inc. (NASDAQ: LYFT): Wedbush resumed coverage of the ride-sharing stock with an Outperform rating and a $32 price target. The consensus target is up at $41.79. The stock closed almost 4% lower on Wednesday at $14.03.
MongoDB Inc. (NASDAQ: MDB): Redburn started coverage with a Sell rating and a $190 target. The consensus target is higher at $384.44. Wednesday’s final trade was reported at $276.77 a share.
O’Reilly Automotive Inc. (NASDAQ: ORLY): D.A. Davidson raised its Neutral rating to Buy and lifted the $700 price target to $740. The consensus target is $734.50. Wednesday’s close was at $637.13.
Rent-A-Center Inc. (NASDAQ: RCII): Stephens downgraded the stock to Equal Weight from Overweight. Its $42 price target is less than the $46.75 consensus target. The last trade on Wednesday hit the tape at $19.62.
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