Azenta Inc. (NASDAQ: AZTA): The Stephens downgrade to Equal Weight from Overweight included a price target cut to $60 from $65. The consensus target is higher at $69.40. Thursday’s $45.94 close was down 18% on the day despite mixed earnings results.
Bank of America Corp. (NYSE: BAC): Keefe Bruyette’s downgrade was to Underperform from Market Perform with the target price trimmed to $33 from $35. The $40.75 consensus target also compares with Tuesday’s closing price of $35.72 a share.
Biogen Inc. (NASDAQ: BIIB): Jefferies reiterated a Buy rating with a $350 target price. The consensus target is $322.26. The stock closed on Thursday at $287.00.
Black Hills Corp. (NYSE: BKH): Mizuho cut its Neutral rating on the utility stock to Underperform. Its $71 target price dropped to $60 as well. The consensus target is $72.71, and shares closed on Thursday at $63.21.
Bunge Ltd. (NYSE: BG): Baird’s downgrade to Neutral from Outperform came with a target price cut to $115 from $127. The consensus target is $130.50. The stock closed at $96.10 on Thursday.
Coupang Inc. (NYSE: CPNG): Barclays initiated coverage with an Overweight rating and a $20 price target. The consensus target is $23.77. Thursday’s close at $15.79 was down over 3% for the day.
DraftKings Inc. (NASDAQ: DKNG): Roth MKM downgraded the shares to Sell from Neutral. Its $15 target price compares with the $20.36 consensus target and Thursday’s $16.53 close, which was down almost 7% for the day on the downgrade.
Kimberly-Clark Corp. (NYSE: KMB): The Zacks Bear of the Day stock has underperformed despite a better than expected quarterly report, says the analyst. Its shares have traded as high as $144.53 in the past year but closed most recently at $128.25. That is down more than 5% year to date.
Kosmos Energy Inc. (NYSE: KOS): Benchmark initiated coverage with a Buy rating and a $10 target price. The consensus is in line at $10.09. The last Thursday trade came in at $7.58.
Mattel Inc. (NYSE: MAT): Though Goldman Sachs maintained a Buy rating, the analyst lowered its $26 price target to $21. The consensus target is $26.09. Thursday’s close at $18.31 was down 11% on the day after revenue and profits fell.
Nucor Inc. (NYSE: NUE): Zacks points out that stellar quarterly results sent shares of its Bull of the Day soaring. The steelmaker’s stock last closed at $163.59, which is up 21% or so since the beginning of the year.
Nvidia Corp. (NASDAQ: NVDA): Jefferies maintained a Buy rating on the chip giant and has a $225 target price. The consensus target is $199.72. The stock closed on Thursday at $223.37.
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