Investing
Thursday's Top Analyst Upgrades and Downgrades: Ally Financial, Chevron, Harley-Davidson, Las Vegas Sands, Netflix, Rio Tinto, Twilio, Western Union and More
July 21, 2022 8:54 am
Last Updated: July 21, 2022 9:04 am
Caesars Entertainment Inc. (NASDAQ: CZR): Susquehanna started coverage on the casino heavyweight with a Neutral rating and a $32 target price. The consensus target is up at $92.15. The stock closed almost 6% higher on Wednesday at $44.25 on no news that we saw.
Chevron Corp. (NYSE: CVX): Though HSBC Securities raised its Hold rating to Buy, it also lowered its $183 price target to $167. That compares with the $176.27 consensus target and Wednesday’s close at $146.49.
Danaher Corp. (NYSE: DHR): UBS started coverage with a Buy rating and a $297 target price. The consensus target is higher at $322.49. The stock closed on Wednesday at $254.96.
Datadog Inc. (NASDAQ: DDOG): Bernstein initiated coverage with an Outperform rating and a $172 target price. The consensus target is just $154.42. The stock closed at $100.88 on Wednesday.
EOG Resources Inc. (NYSE: EOG): MKM Partners resumed coverage with a Buy rating and a $123 target price. The consensus target for the energy giant is $148.82. Wednesday’s close was at $105.53.
EQT Corp. (NYSE: EQT): Citigroup resumed coverage with a Buy rating and a $48 target price. The consensus target for the natural gas giant is up at $55.83. The last trade on Wednesday was reported at $41.21, which was up over 5% after the company announced a big dividend increase.
FMC Corp. (NYSE: FMC): KeyBanc Capital Markets upgraded the shares to Overweight from Sector Weight. Its $122 target price is less than the $136.00 consensus target. The stock closed on Wednesday at $104.95.
Harley-Davidson Inc. (NYSE: HOG): BofA Securities reiterated a Buy rating on the venerable motorcycle giant but lowered its $70 price target to $60. The consensus target is $47.11. The last trade on Wednesday was reported at $35.28.
Hologic Inc. (NASDAQ: HOLX): BofA Securities downgraded the stock to Neutral from Buy and sliced the $81 target price to $75. The consensus target is $79, and the stock was last seen on Wednesday trading at $70.11.
Las Vegas Sands Corp. (NYSE: LVS): Wells Fargo raised its Equal Weight rating to Overweight and bumped the $43 price target to $45. The consensus target is $45.69. The shares closed almost 5% higher on Wednesday at $37.08. The stock was up an additional 4% in the premarket, after the casinos in Macau were reopened.
Netflix Inc. (NASDAQ: NFLX): Stifel upgraded the streaming and programming giant to Buy from Hold but lowered the $250 target price to $240. The consensus target is $281.59. Wednesday’s $216.44 closed was up over 7% on the day after the company posted better than expected results for the quarter.
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