Array Technologies Inc. (NASDAQ: ARRY): Citigroup initiated coverage with a Neutral rating and a $24 target price. The consensus target is $27.13. The shares closed on Friday at $19.40, down over 6% on the day.
Ballard Power Systems Inc. (NASDAQ: BLDP): Scotiabank initiated coverage with a Sector Perform rating and a $7.25 target price. The consensus target is $8.23. Shares closed almost 6% lower on Friday at $5.28.
Canadian Solar Inc. (NASDAQ: CSIQ): Citigroup cut its Buy rating to Neutral and trimmed its $45 target price to $44. The consensus target is $42.92. Friday’s $39.25 closed was down over 5% on the downgrade.
Caterpillar Inc. (NYSE: CAT): The Neutral rating at UBS is now at Sell, and the $230 target price dropped to $225. The consensus target is $250.29. Friday’s close at $227.01 was down close to 6% on the day.
Charles Schwab Corp. (NYSE: SCHW): Goldman Sachs reiterated a Buy rating with an $80 target price. The consensus target is $91.99. The stock closed almost 12% lower on Friday, at $58.70, in sympathy with other banks after the Silicon Valley Bank failure.
Chewy Inc. (NYSE: CHWY): Roth MKM started coverage with a Buy rating and a $52 target price. The consensus target is $48.29. Friday’s close was at $38.80.
Coterra Energy Inc. (NYSE: CTRA): Goldman Sachs raised its $27 target price on the Buy-rated shares to $30. The consensus target is $30.21, and shares stock closed on Friday at $24.59.
DocuSign Inc. (NASDAQ: DOCU): J.P. Morgan’s downgrade to Underweight from Neutral included a price target cut to $48 from $58. The consensus target is $66.80 for now. The stock closed on Friday at $49.69, down almost 23% on the day, despite solid earnings after announcing its CFO’s departure.
Gap Inc. (NYSE: GPS): Goldman Sachs trimmed its $18 target price on the Buy-rated retailer to $16. The consensus target is $12.21. Friday’s close at $10.87 was down over 6% after the company reported a wider-than-expected fourth-quarter loss.
Generac Inc. (NASDAQ: GNRC): Citigroup’s downgraded to Neutral from Buy came with a target price cut from $380 all the way to $140. The consensus target is $144.58. The shares ended trading on Friday at $113.16, down almost 4% in the wake of the downgrade.
General Electric Co. (NYSE: GE): Goldman Sachs raised its $84 target price for the Buy-rated shares to $96. The $90.12 consensus target is lower than Friday’s closing print of $91.00.
KeyCorp (NYSE: KEY): The Piper Sandler upgrade was to Neutral from Underweight. The firm also trimmed its $18.50 target price to $16.50, further below the $20.75 consensus target. Friday’s close was at $15.66.
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