California Resources Corp. (NYSE: CRC): BofA Securities upgraded the stock to Buy from Neutral. It also raised its $51 price target to $60, while the consensus target is $62.29. Friday’s close at $42.70 was up almost 8% for the day despite earnings that lagged estimates.
CarMax Inc. (NYSE: KMX): Zacks pointed to weak quarterly results and negative earnings estimate revisions as headwinds as it named this its Bear of the Day stock. Shares have traded as high as $109.54 in the past year but closed most recently at $67.86, after retreating about 7% last week.
Deere & Co. (NYSE: DE): This agriculture and construction equipment giant is the Zacks Bull of the Day stock. An improved earnings outlook signals green pastures ahead, suggests the analyst. The shares last closed at $417.42 apiece, and the $474.23 price target would be an all-time high.
Domino’s Pizza Inc. (NYSE: DPZ): As Citigroup downgraded the stock to Neutral from Buy, it chopped its target price to $316 from $429. UBS reiterated a Buy rating but cut its $410 target price to $370. Barclays reiterated an Underweight rating, and its $299 price target dropped to $270. The consensus target is $377.80 for now. Friday’s close at $297.47 was down over 3% for the day on the downgrades. The company reported lackluster sales and cut its revenue outlook as well.
Esperion Therapeutics Inc. (NASDAQ: ESPR): The upgrade at Jefferies was to Buy from Hold. The firm’s $12 target compares with an $11.05 consensus target. The stock closed over 6% higher on Friday at $6.20 after the upgrade.
Kratos Defense and Security Inc. (NASDAQ: KTOS): Canaccord Genuity’s upgrade to Buy from Hold included a target price hike to $14 from $11.50. The consensus target is $15.25. The stock closed on Friday at $12.98, up over 13% on the day, after posting solid quarterly results.
LyondellBasell Industries N.V. (NYSE: LYB): RBC Capital Markets upgraded the chemical heavyweight to Outperform from Sector Perform. Its $99 price objective was raised to $130, well above the $88.96 consensus target. Shares ended Friday trading at $96.69.
Marvell Technology Inc. (NASDAQ: MRVL): Oppenheimer reiterated an Outperform rating with a $70 target price. That compares with a $61.83 consensus and Friday’s close at $43.85, which was down over 3% on the day.
MGM Resorts International (NYSE: MGM): Barclays initiated coverage with an Overweight rating. Its $59 target price compares to the $53.24 consensus target and Friday’s closing print of $42.60.
Moderna Inc. (NASDAQ: MRNA): SVB Securities downgraded the vaccine maker to Underperform from Market Perform, and the analyst cut the $111 target price to $93. The consensus is up at $231.36 for now. The $139.26 close on Friday was down almost 6% on the day after reported earnings missed expectations.
NeoGenomics Inc. (NASDAQ: NEO): Benchmark’s upgrade was from Hold to Buy with a $20 price target. The consensus target is $18. The stock closed over 5% lower on Friday at $15.78 despite topping revenue estimates.
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