BankUnited Inc. (NYSE: BKU): Goldman Sachs cut its $23 target price on the Sell-rated shares to $20. The consensus target is $27.05. Thursday’s final trade was for $18.98 a share.
BlackBerry Ltd. (NYSE: BB): CIBC upgraded the former meme stock favorite to Neutral from Sector Underperform, and its $4.20 price target rose to $6.50. The consensus target is $4.78. The shares closed on Thursday at $5.41.
Braze Inc. (NASDAQ: BRZE): Scotiabank started coverage with a Sector Perform rating and a target price of $34. The consensus target is $40. The stock closed at $30.85 on Thursday.
Dynatrace Inc. (NYSE: DT): BTIG Research upgraded the shares to Buy from Neutral rating. Its $57 target price is well above the $49.63 consensus target. Thursday’s close at $49.18 was up almost 5% on the day following solid quarterly earnings.
Futu Holdings Ltd. (NASDAQ: FUTU): J.P. Morgan cut its Overweight rating to Neutral and its $65 target price to $46. The consensus target is $58.10. Thursday’s $38.66 close was down close to 7% on the day due to multiple downgrades across Wall Street.
Gap Inc. (NYSE: GPS): Goldman Sachs trimmed its $16 target price to $14 but stuck with a Buy rating. The consensus target is $11.47. The shares closed on Thursday at $8.11, up over 4% for the day.
Hanover Insurance Group Inc. (NYSE: THG): BofA Securities downgraded the stock to Neutral from Buy. It also lowered its $142 target price to $130, well below the consensus target of $149.00. The stock closed on Thursday at $119.52.
Magellan Midstream Partners L.P. (NYSE: MMP): Though RBC Capital Markets downgraded the stock to Sector Perform from Outperform, it also raised its $59 target price to $66. The consensus target is $61.52. The shares closed on Thursday at $62.67. The company recently signed an $18.8 billion merger agreement with ONEOK.
Mosaic Co. (NYSE: MOS): Citing the bearishness of analysts, Zacks named this fertilizer producer as its Bear of the Day stock. Shares have traded as high as $64.62 in the past year but closed most recently at $35.79. That is down more than 28% in the past 90 days.
Pliant Therapeutics Inc. (NASDAQ: PLRX): Canaccord Genuity initiated coverage with a Buy rating and a $48 target price. The consensus target is $46.75. The shares finished Thursday at $22.14, a one-day gain of almost 3%.
Procter & Gamble Co. (NYSE: PG): When Truist Financial cut its Buy rating to Hold, its price objective dropped to $155 from $165. The consensus target is $164.77. The shares closed on Thursday at $152.53.
Regions Financial Corp. (NYSE: RF): Goldman Sachs lowered its $24 target price on the Buy-rated shares to $21. The consensus target is $22.13. Thursday’s closing share price was $16.99.
Selective Insurance Group Inc. (NASDAQ: SIGI): BofA Securities downgraded the stock to Underperform from Neutral. Its $101 target price slipped to $97, below the $100.83 consensus target. The stock closed on Thursday at $101.47.
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