Bath & Bodyworks Inc. (NYSE: BBWI): Citigroup’s downgrade to Neutral from Buy included a price objective cut to $48 from $50. The consensus target is $51.28. Wednesday’s closing share price was $43.25.
Chewy Inc. (NYSE: CHWY) Gordon Haskett initiated coverage with a Hold rating and a $46 target price. The consensus target is $48.23. Wednesday’s $49.07 close was up almost 3% on the day.
Coca-Cola Co. (NYSE: KO): Deutsche Bank reiterated a Hold rating and Wells Fargo reiterated its Overweight rating. Yet, the former bumped its $62 price target to $63 while the latter trimmed its target from $70 to $68. The consensus target is $68.48, and Wednesday’s close was at $59.59.
Comerica Inc. (NYSE: CMA): Though Piper Sandler downgraded the stock to Neutral from Overweight, the analyst raised the $77 target price to $82. The consensus target is $81.35. The shares closed on Wednesday at $75.48.
Credo Technology Group Holdings Ltd. (NASDAQ: CRDO): Needham reiterated a Buy rating but trimmed its $18 target price to $15. The consensus target is $18.00, for now. The stock was crushed Wednesday, closing down 47% at $10.30 after a large customer cut purchases.
DraftKings Inc. (NASDAQ: DKNG): Stifel reiterated a Hold rating but lifted its target price to $17 from $15. The consensus target is $20.57. The stock closed over 7% higher on Wednesday at $17.78, as gaming revenue exploded in 2022 and is expected to trend even higher this year.
Ecolab Inc. (NYSE: ECL): A Sector Perform rating at RBC Capital Markets is now Outperform, and the $155 price target jumped to $185. The consensus target is $163.35. The shares ended Wednesday’s session at $163.95, up close to 4% on the day.
Entegris Inc. (NASDAQ: ENTG): Needham reiterated a Buy rating and boosted its $86 target price to $100. That compares with a $99.27 consensus target and Wednesday’s closing print of $87.04.
Frontier Group Holdings Inc. (NASDAQ: ULCC): Melius cut its Overweight rating on the carrier to Neutral. Its $13 target price is less than the $18.13 consensus target. Wednesday’s closing share price was $11.47.
GlobalFoundries Inc. (NASDAQ: GFS): Cowen reiterated an Outperform rating and raised its target price to $80 from $75. Needham reiterated a Buy rating, and its prior $72 target price is now $80. The consensus target is $73.80. The stock closed Wednesday at $69.92.
GXO Logistics Inc. (NYSE: GXO): Oppenheimer reiterated an Outperform rating with a $60 target price. The consensus target is $59.81, and Wednesday’s final trade was for $50.53 a share.
Marriott International Inc. (NYSE: MAR): Evercore ISI downgraded the shares to In Line from Outperform. Its $180 target price is higher than the $176.89 consensus target. The stock closed on Wednesday at $180.59.
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