Wednesday’s Top Analyst Upgrades and Downgrades: Constellation Energy, DraftKings, Mosaic, Norfolk Southern, Nvidia, RingCentral, Riot Platforms, SentinelOne and More

BioMarin Pharmaceutical Inc. (NASDAQ: BMRN): Citigroup initiated coverage with a Neutral rating and a $116 target price. The consensus target is up at $122.52. Tuesday’s close was at $105.97.

BJ’s Wholesale Club Holdings Inc. (NYSE: BJ): The strength of the U.S. consumer is helping this warehouse club retailer, says Zacks about its Bull of the Day stock. Shares last closed at $75.17, which is up more than 13% year to date.

BlackRock Inc. (NYSE: BLK): Jefferies reiterated a Buy rating with an $832 target price. The consensus target is just $788.15, and the shares closed on Tuesday at $695.75.

CF Industries Holdings Inc. (NYSE: CF): When HSBC Securities downgraded the stock to Reduce from Hold, it also reduced its $104 target price to $90. The consensus target is $107.21. The stock closed on Tuesday at $83.48.

Constellation Energy Corp. (NYSE: CEG): The Buy rating at BofA Securities has dropped to Neutral, and the analyst also lowered the $104 price objective to $88. The consensus target is $99.85. On Tuesday, the stock closed 5% lower at $80.37.

DocuSign Inc. (NASDAQ: DOCU): UBS’s downgrade was from Hold to Sell with a $52 target price. The consensus is up at $63.36 for now. Tuesday’s $59.61 close was down almost 8% for the day on the downgrade and the weak tape.

DraftKings Inc. (NASDAQ: DKNG): Oppenheimer reiterated an Outperform rating with a $28 target price. The consensus target is $23.60. The stock closed on Tuesday at $19.96.

Focus Financial Partners Inc. (NASDAQ: FOCS): RBC Capital Markets downgraded the stock to Sector Perform from Outperform. Its $53 target price is still above the $51.57 consensus target. Tuesday’s close was at $49.75.

Generac Inc. (NASDAQ: GNRC): The Truist Financial downgrade was from Buy to Hold with a $145 target. The consensus target is $143.61. The shares ended Tuesday trading at $111.77, down almost 9% on the day after multiple analyst downgrades.

MarineMax Inc. (NYSE: HZO): B. Reilly Securities upgraded the shares to Buy from Neutral, but the firm also trimmed its $53 target price to $52. The consensus target is just $38.50. Tuesday’s final trade was for $34.07 a share.

Mosaic Co. (NYSE: MOS): HSBC Securities downgraded the stock to Reduce from Hold, and it trimmed its $45 target price to $43, even farther from the $57.24 consensus target. Tuesday’s closing share price was $48.86.

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