Children’s Place Inc. (NASDAQ: PLCE): Telsey Advisory downgraded the shares to Market Perform from Outperform. The firm also lowered its $50 target price to $46, the same as the consensus target. The stock closed on Tuesday at $45.53.
Cloudflare Inc. (NYSE: NET): Loop Capital started coverage with a Hold rating and a $52 price target. The consensus target is $61.61. The shares closed on Tuesday at $58.37, which was up over 3% on the day.
Commercial Metals Co. (NYSE: CMC): Zacks named this stock as its Bull of the Day. The analyst makes the case that shares continue to display relative strength as buying pressure accumulates in this market leader. The stock most recently closed at $57.04, which is up about 18% year to date.
Deckers Outdoor Corp. (NYSE: DECK): BTIG Research initiated coverage with a Buy rating and a $515 target price. The consensus target is lower at $484, and the stock ended Tuesday’s session at $417.61 a share.
Foot Locker Inc. (NYSE: FL): BTIG Research started coverage with a Buy rating and a $55 price objective. The consensus target is just $41.94. Tuesday’s final trade was for $46.07 per share.
Fortinet Inc. (NASDAQ: FTNT): Loop Capital initiated coverage with a Buy rating and a $66 target price. The consensus target is $64.17. The stock closed almost 4% higher on Tuesday at $53.78.
Holley Inc. (NYSE: HLLY): Telsey Advisory’s downgrade to Market Perform from Outperform came with a target price cut to $3 from $5. The consensus target is $5.44 for now. The stock closed on Tuesday at $2.36, which was down a stunning 31% after posting disappointing results and guidance.
Intapp Inc. (NASDAQ: INTA): BofA Securities reiterated its Buy rating and has a $37 target price. The consensus figure is $30.00, but the stock closed on Tuesday at $33.51, a one-day gain of 18% in the wake of impressive quarterly results.
iRhythm Technologies Inc. (NASDAQ: IRTC): Wells Fargo initiated coverage with an Overweight rating and a $150 target price. The consensus target is $145.13. The shares closed on Tuesday at $108.72, up close to 3% on the day.
Kemper Corp. (NASDAQ: KMPR): The Outperform rating at Raymond James is now Strong Buy, and the $60 target price rose to $80. The $65.80 consensus target is less than the $68.05 close on Tuesday, which was up almost 10% for the day due to outstanding quarterly results.
Lockheed Martin Corp. (NYSE: LMT): Credit Suisse raised its Underperform rating to Outperform and boosted its $427 target price to $510. The consensus target is $487.67. Tuesday’s final trade was for $468.33 a share.
New Fortress Energy Inc. (NASDAQ: NFE): BofA Securities reiterated a Buy rating with a $67 target price. The consensus target is $63.00. The shares closed over 4% higher on Tuesday at $40.53 on positive analyst comments.
On Semiconductor Corp. (NASDAQ: ON): Goldman Sachs raised its $73 price target on the Buy-rated shares to $82. The consensus target is up at $85.63. Tuesday’s $85.53 close up over 6% for the day on solid fourth-quarter results.
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