Coupang Inc. (NYSE: CPNG): The BofA Securities downgrade to Neutral from Buy included a price target cut to $18 from $27. The consensus target is $23.06. Thursday’s close at $14.00 was down over 4% on the day. The company posted disappointing earnings earlier this week.
Crestwood Equity Partners L.P. (NYSE: CEQP): Scotiabank initiated coverage with a Sector Outperform rating and a $31 target price. The consensus target is $31.63. Thursday’s close was at $25.15.
Discover Financial Services (NYSE: DFS): Goldman Sachs raised its $120 price target to $132 while reiterating a Buy rating. The consensus target is $116.44. The final Thursday trade was reported at $112.37.
Double Verify Holdings Inc. (NYSE: DV): Goldman Sachs raised its $29 target price on the Buy-rated shares to $33. The consensus target is $32.10. The stock closed almost 5% higher on Thursday at $27.07 in the wake of solid results.
Intel Corp. (NASDAQ: INTC): Raymond James resumed coverage with an Outperform rating and a $30 target price. The consensus target is $27.46. The stock closed over 3% higher on Thursday at $26.20.
Jack in the Box Inc. (NASDAQ: JACK): Oppenheimer raised its $85 price target on the Outperform-rated fast-food favorite to $95. That compares with an $84.65 consensus target and Thursday’s $87.85 closing price, which was up over 3% on the day after posting solid earnings.
Kohl’s Corp. (NYSE: KSS): Goldman Sachs lowered its target price on the Sell-rated retailer to $24 from $27. The $28.50 consensus target is higher than Thursday’s close at $27.85.
MarketAxess Holdings Inc. (NASDAQ: MKTX): When Atlantic Equities upgraded the stock to Overweight from Neutral, it boosted its $321 target price to $403. The consensus target is $339.40. The shares ended trading on Thursday at $354.78.
Marvell Technology Inc. (NASDAQ: MRVL): Raymond James resumed coverage with an Outperform rating and a $54 target price. The consensus target is $61.83. The shares closed on Thursday at $46.23.
MercadoLibre Inc. (NASDAQ: MELI): Tech stocks have retreated from their highs but estimates are storming back, says Zacks, which named this e-commerce stock its Bull of the Day. Shares last closed at $1,218.52, and the $1,378.42 consensus target would be a 52-week high.
Moderna Inc. (NASDAQ: MRNA): RBC Capital Markets initiated coverage with an Outperform rating and a $200 target price. The consensus target is up at $226.38, but the stock closed on Thursday at $137.86.
Nio Inc. (NYSE: NIO): J.P. Morgan downgraded the shares to Neutral from Overweight, and it lowered the $14 target price to $10. Shares have traded as high as $24.43 in the past year but closed most recently at $9.09.
Nvidia Corp. (NASDAQ: NVDA): Raymond James resumed coverage with a Strong Buy rating. Its $290 target price is well above the $247.35 consensus target and Thursday’s close at $233.14.
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