Thursday’s Top Analyst Upgrades and Downgrades: Amgen, ADM, Blackstone, Bloom Energy, Carnival, Chevron, Nike, QuantumScape, RingCentral and More

Blackstone Inc. (NYSE: BX): Jefferies reiterated a Buy rating on the stock, which is on the firm’s Franchise List of top picks. Its $100 price objective compares with the $99.50 consensus target. The stock closed on Wednesday at $80.64, down close to 4% on the day.

Bloom Energy Corp. (NYSE: BE): UBS started coverage with a Buy rating and a $35 price target. The consensus target is $28.63. Wednesday’s $23.26 was up close to 6% for the day on the coverage.

Carnival Corp. & PLC (NYSE: CCL): Stifel bumped its $17 price target up to $18 while keeping a Buy rating on the shares. The consensus target is $10.71. The stock closed on Wednesday at $8.93.

Chevron Corp. (NYSE: CVX): Exane BNP Paribas’s downgrade was from Neutral to Underperform with a $190 target price. The consensus target is $192.44. Wednesday’s close was at $172.28.

Cogent Biosciences Inc. (NASDAQ: COGT): Needham initiated coverage with a Buy rating and a $26 target price. The consensus target is $21.50, and the stock closed on Wednesday at $12.10.

Danaher Corp. (NYSE: DHR): Deutsche Bank initiated coverage with a Buy rating and a $310 target price. The consensus target is $306.05. Wednesday’s final trade was for $274.17 a share.

EQT Corp. (NYSE: EQT): Wolfe Research’s upgrade of the energy giant was from Peer Perform to Outperform with a $59 price target. The consensus target is $59.81. Wednesday’s close was at $37.79.

FB Financial Corp. (NYSE: FBK): Hovde downgraded the shares to Market Perform from Outperform. Its $42 target price is less than the $43.63 consensus target. The stock closed more than 5% lower on Wednesday at $36.23 on the downgrade.

Hasbro Inc. (NASDAQ: HAS): Jefferies reiterated a Buy rating with an $85 target price. The consensus target is $86.25. The shares closed on Wednesday at $59.96.

KKR & Co. Inc. (NYSE: KKR): Jefferies maintained a Buy rating on the asset management behemoth and has a $65 price target. The consensus target is $63.25. The stock closed at $49.34 on Wednesday.

nCino Inc. (NASDAQ: NCNO): Baird boosted its Neutral rating to Outperform with a $35 target price. The consensus target is $36.50. Wednesday’s close was at $27.06.

Nike Inc. (NYSE: NKE): Telsey Advisory reiterated an Outperform rating and raised its $110 target price to $130. The consensus target is $112.31. The stock closed on Wednesday at $111.45.

Sponsored: Find a Qualified Financial Advisor

Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.