Investing
Wednesday's Top Analyst Upgrades and Downgrades: Alphabet, Apple, Boeing, HP, Netflix, PepsiCo, Snap, SunPower, Texas Instruments, Zoom Video and More
October 12, 2022 8:56 am
Last Updated: October 12, 2022 9:06 am
Constellation Brands Inc. (NYSE: STZ): Wedbush initiated coverage with an Outperform rating and a $275 target price. That compares with a $274.90 consensus target and Tuesday’s last trade at $221.39 a share.
Datadog Inc. (NASDAQ: DDOG): Wells Fargo starts coverage with an Overweight rating and a $120 price target. The higher consensus target is $139.80, and Tuesday’s closing share price was $82.72.
Domino’s Pizza Inc. (NYSE: DPZ): RBC Capital Markets reiterated an Outperform rating on the pizza favorite while trimming the $460 target price to $430. The consensus target is $404.62. The last trade was delivered on Tuesday at $303.50.
Dynatrace Inc. (NYSE: DT): Wells Fargo initiated coverage with an Overweight rating and a $45 target price. The consensus target is $49. Tuesday’s close was at $34.25.
General Dynamics Corp. (NYSE: GD): Wolfe Research started coverage with an Outperform rating and a $265 target price. The consensus target is $263.00. Shares closed on Tuesday at $227.54.
Getty Images Holdings Inc. (NYSE: GETY): Benchmark lifted its Hold rating to Buy with a $9 target price. The consensus target is up at $16.42. The stock closed almost 8% higher on Tuesday at $6.76.
HP Inc. (NYSE: HPQ): The Zacks Bear of the Day stock is trading at 2022 lows, points out the analyst. Shares have traded as high as $41.47 in the past year but closed most recently at $24.78. That is down more than 34% year to date.
Lululemon Athletica Inc. (NASDAQ: LULU): Piper Sandler upgraded the popular yoga apparel and products stock to Overweight from Neutral. It also raised its $320 price target to $350. The consensus target is higher at $384.48. Tuesday’s close at $295.68 was up 2% on the day.
Netflix Inc. (NASDAQ: NFLX): Goldman Sachs reiterated a Sell rating and trimmed its target price to $182 from $186. The consensus target for the streaming giant is $244.84. The shares closed on Tuesday at $214.29, which was down close to 7% for the day.
PepsiCo Inc. (NYSE: PEP): Wedbush started coverage on the beverage and snack giant with an Outperform rating and a $185 target price. The consensus target is $182.08. The shares were last seen Tuesday trading at $162.59.
Rapid7 Inc. (NASDAQ: RPD): Canaccord Genuity initiated coverage with a Buy rating and a $60 price target. The consensus target is $83.64. The shares closed on Tuesday at $41.25, up close to 4% on the day.
Roblox Corp. (NYSE: RBLX): Barclays initiated coverage with an Underweight rating and a $20 price target. The consensus target is higher at $43.40. The last trade for Tuesday was reported at $34.56.
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