Bumble Inc. (NASDAQ: BMBL): Loop Capital upgraded the stock to Buy from Hold and has a $18 target price. The consensus target is higher at $23.57. The stock closed almost 4% higher on Friday at $14.92 after the upgrade.
Editas Medicine Inc. (NASDAQ: EDIT): Stifel upgraded the shares to Buy from Hold and boosted its price target to $17 from $9. The consensus target is $13.63. Friday’s $7.80 closing share price was up almost 13% for the day on the upgrade and potential for solid clinicals on the firm’s gene-editing therapy targeting sickle cell disease.
Equifax Inc. (NYSE: EFX): Goldman Sachs lowered its $232 target price on the Neutral-rated shares to $208. The consensus target is $225, and Friday’s last trade was for $183.18 a share.
Fortinet Inc. (NASDAQ: FTNT): HSBC Securities initiated coverage with a Buy rating and a $75 target price. The consensus target is $74.55, and Friday’s closing share price was $58.68.
Intuit Inc. (NASDAQ: INTU): HSBC Securities initiated coverage with a Hold rating and a $520 target price. The consensus target is $564.38. Friday’s close was at $510.94.
Lattice Semiconductor Corp. (NASDAQ: LSCC): BofA Securities started coverage with a Neutral rating and a $95 target price. The consensus target is $103.18. Friday’s close was at $85.93.
NICE Ltd. (NASDAQ: NICE): D.A. Davidson started coverage with a Neutral rating and a $190 price target. The consensus target is up at $250.70, but shares closed on Friday at $170.00.
Nike Inc. (NYSE: NKE): Stifel reiterated a Buy rating and has a $135 target price. The consensus target is $121.66. Friday’s $95.62 closed up almost 7% after a solid earnings beat and positive commentary on sales in China after the missed estimates.
Palo Alto Networks Inc. (NASDAQ: PANW): HSBC Securities initiated coverage with a Hold rating and a $242 target price. That compares with a $274.57 consensus target and Friday’s close at $234.44.
ShockWave Medical Inc. (NASDAQ: SWAV): UBS initiated coverage with a Neutral rating and a $218 target price. The consensus target is $284.89. Friday’s close was at $199.10.
Sunoco L.P. (NYSE: SUN): Mizuho cut its Buy rating to Neutral with a $53 target price. The consensus target is $50.86. The stock closed over 4% lower on Friday $48.95 after the downgrade.
Texas Roadhouse Inc. (NASDAQ: TXRH): Northcoast boosted its Neutral rating to Buy with a $118 target price. The consensus target is $121.20. The stock closed on Friday at $96.10.
Tractor Supply Co. (NASDAQ: TSCO): Wolfe Research resumed coverage with an Outperform rating, but its $239 target price is less than the consensus target of $245.63. The stock ended Friday’s session trading at $203.05.
Trimble Inc. (NASDAQ: TRMB): Raymond James upgraded the stock to Outperform from Market Perform and has a $65 per share target. The consensus target is $58.50. The stock closed almost 3% higher on Friday at $53.86.
Five top companies that Wall Street favorites are expected to raise their dividends this week, showing that they are doing well and have the earnings and cash flow strength to increase their payouts.
Friday’s top analyst upgrades and downgrades included Agilent, Boeing, General Electric, Lockheed Martin, Meta Platforms, Micron Technology, Redfin, Salesforce, Trade Desk, Unity Software and Workday.
Originally published at 24/7 Wall St.
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