Dycom Industries Inc. (NYSE: DY) B. Riley Securities cut its Buy rating to Neutral and its $134 target price to $111. The consensus target is $129.38. Wednesday’s close was at $100.09.
Eli Lilly and Co. (NYSE: LLY): Citigroup reiterated a Buy rating, and its $360 target price shot up to $525. The consensus target is $470.69. Wednesday’s close was at $451.17.
Etsy Inc. (NASDAQ: ETSY): Oppenheimer reiterated an Outperform rating. Its $150 target price compares with a $114.61 consensus target and Wednesday’s close at $96.13.
FAT Brands Inc. (NYSE: FAT): Loop Capital initiated coverage with a Buy rating and a $15 target price. The shares closed on Wednesday at $7.14, up over 4% for the day due to the initiation.
GATX Corp. (NASDAQ: GATX): Though TD Cowen downgraded the shares to Market Perform from Outperform, its target price rose to $137 from $135. The consensus target is $138.40, and the stock closed on Wednesday at $128.1. As it is trading close to a 52-week high, this is likely a valuation call.
Independent Bank Group Inc. (NASDAQ: IBTX): Piper Sandler cut its Overweight rating to Neutral, yet the target price increased to $44 from $40. The consensus target is $43.40. Wednesday’s final trade was for $45.34 a share.
Insmed Inc. (NASDAQ: INSM): Guggenheim started coverage with a Buy rating and a $50 price target. The consensus target is $39.42. The shares closed on Wednesday at $20.46.
Lulu’s Fashion Lounge Holdings Inc. (NASDAQ: LVLU): Goldman Sachs downgraded the stock to Neutral from Buy and reduced the $3.75 target price to $2.40. The consensus target is $3.26. The stock closed almost 6% lower on Wednesday at $2.42 after the downgrade.
Microsoft Inc. (NASDAQ: MSFT): Oppenheimer reiterated an Outperform rating. Its $410 target price is well above the $340.44 consensus target. The closing share price on Wednesday was $335.22, down close to 5% on the day, as earnings were solid but some metrics came in lighter than expected.
MicroStrategy Inc. (NASDAQ: MSTR): TD Cowen initiated coverage with an Outperform rating and a $520 target price. That compares with a $395 consensus target and Wednesday’s closing print of $442.30.
Mosaic Co. (NYSE: MOS): HSBC Securities upgraded the shares to Hold from Reduce and has a $40 target price. The consensus target is $42.48. The stock closed Wednesday at $20.63. up almost 3% for the day.
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