Thursday’s Top Analyst Upgrades and Downgrades: ADT, Aurora Cannabis, CarMax, Skechers, Tesla, Tilray and More

Cutera Inc. (NASDAQ: CUTR): Stephens reiterated an Overweight rating but lowered its $78 price objective to $68. The consensus target is up at 73.60, but shares were last seen trading at $42.45.

IDEAYA Biosciences Inc. (NASDAQ: IDYA): Capital One initiated coverage with an Overweight rating and a $29 target price. The consensus target is $24.63. Wednesday’s close at $17.47 was up almost 6% for the day.

Loop Industries Inc. (NASDAQ: LOOP): H.C. Wainwright cut its Buy rating to Neutral. The shares have traded between $2.05 and $13.05 over the past 52 weeks and have a $17.63 consensus target. The stock closed Wednesday at $2.51, which was down over 4% on the day.

Rayonier Inc. (NYSE: RYN): Raymond James reiterated a Market Perform rating with a $29 target price. The consensus target is $36.67. Wednesday’s close at $32.48 was down close to 4% on the day.

Shift4 Payments Inc. (NYSE: FOUR): Piper Sandler resumed coverage with an Overweight rating and a $69 target price. That compares with the $59.20 consensus target and Wednesday’s closing print of $53.45.

Skechers USA Inc. (NYSE: SKX): Piper Sandler initiated coverage with a Neutral rating and a $42 target price. The consensus target is $48.18. The last trade on Wednesday was for $41.62 a share.

STAAR Surgical Co. (NASDAQ: STAA): Though BTIG Research reiterated a Buy rating, it also lowered its $80 price target to $67. The consensus target is $82.33. The stock closed on Wednesday at $46.82.

SWK Holdings Inc. (NASDAQ: SWKH): Lake Street resumed coverage with a Buy rating and a $26 target price. The consensus target is $25.50. The shares ended Wednesday’s session trading at $17.81.

Tesla Inc. (NASDAQ: TSLA): Baird reiterated an Outperform rating but slashed its $316 target price to $252, closer to the consensus target of $250.54. Wednesday’s closing share price was $112.71.

Tilray Inc. (NASDAQ: TLRY): Piper Sandler reiterated a Neutral rating with a $3 target for the pot company. The consensus target is higher at $5.27. The stock closed at $2.58 on Wednesday.

Seven top energy stock picks with a focus on natural gas production and sales are perhaps off the radar for some investors but are offering outstanding growth potential and reasonable entry points as strong pricing is poised to return.

Wednesday’s top analyst upgrades and downgrades included Eldorado Gold, Generac, Lion Electric, MasTec, Quanta Services, Welltower and more.

Originally published at 24/7 Wall St.

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