Stocks were mixed in trading on Wednesday lunchtime as the S&P 500 attempted to hit all-time highs for the fifth straight day. On Tuesday, both the S&P 500 and the Nasdaq were printing all-time highs again. Investors keep an eye on the tug-of-war between Republicans and the president over the infrastructure bill as Senate minority leader Mitch McConnell says the infrastructure bill depends on Democrats abandoning plans to link it to a larger package of reconciliation. Wall Street is also waiting for the June-June job report, which could also be a major market mover.
24/7 Wall St. is reviewing some major analyst calls that were seen on Wednesday. We have included the latest analyst call for each stock as well as a current trading history and the consensus targets among the analysts.
In case you missed it, Wednesday’s early analyst upgrades and downgrades included Allegro Microsystems, JinkoSolar, Masco, Micron Technology, Plug Power, Smith & Wesson, and Virgin Galactic.
Carlisle Companies Inc. (NYSE: CSL): Northcoast has moved the stock from neutral to buy and has a target price of $ 230. This is offset by a consensus target of $ 216. The shares traded over a 52-week range of $ 111.79 and $ 197.21.
Chesapeake Energy Corp. (NYSE: CHK): Capital One started coverage with an equal weight rating and a price target of USD 57. The consensus target is $ 63.80. Last year, the stock traded between $ 40.00 and $ 56.99.
Cohu Inc. (NASDAQ: COHU): Rosenblatt began reporting with a buy rating and a price target of $ 65. The lower consensus price target is $ 58.67. The stock traded from $ 15.73 to $ 51.86 over a 52 week stretch.
Dick’s Sporting Goods Inc. (NYSE: DKS): Cowen reiterated its outperform rating of the popular retailer and raised its target price from $ 132 to $ 147. The published consensus target is $ 112.22. For the past 52 weeks, the shares have traded between $ 37.68 and $ 102.92.
Shoals Technologies Group Inc. (NASDAQ: SHLS): Piper Sandler launched stocks in the solar power parts company with an overweight position and a price target of $ 43. The consensus target is $ 39.80. Its shares have traded between $ 20.94 and $ 0.44 for the past 52 weeks.
Open Text Corp. (NASDAQ: OTEX): Barclays downgraded stocks from overweight to equal weight and has a price target of $ 56, not far from the consensus target of $ 56.88. The stock traded between $ 36.18 and $ 51.84 per share last year.
Score Media and Gaming Inc. (NASDAQ: SCR): Morgan Stanley began reporting with an equal-weight rating and the company has a price target of $ 22. A consensus target was not available. The stock traded over a broad 52 week range from $ 4.03 to $ 45.00.
Sempra Energy Inc. (NYSE: SRE): BofA Securities downgraded the stock from Buy to Neutral with a target price of $ 135. The consensus target is $ 150.73. The 52-week trading range for the shares is between $ 112.33 and $ 143.93.
TechTarget Inc. (NASDAQ: TTGT): JPMorgan began reporting with a neutral valuation and a target price of $ 81. The consensus target is $ 93.14 and the stock has traded over a 52-week range of $ 29.80 to $ 101.12.
Unity Software Inc. (NYSE: U): Morgan Stanley began reporting with an equal weight rating and a price target of $ 115. The consensus target is $ 123.78. Last year, the shares traded between $ 65.11 and $ 174.94.
BofA Securities analysts have made some big changes to the company’s US-1 list of the company’s top stock recommendations. FedEx stocks have been added and four that have done well have been removed.
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