With the trading day more than halfway over, the broad markets were trading lower with the Dow down about 0.4 while the S&P 500 traded down about 0.5% and Nasdaq traded down nearly 0.9%.
ARMOUR Residential REIT Inc. (NYSE: ARR) was downgraded at Ladenburg Thalmann from Buy to Neutral. The stock’s 52-week range is $4.95 to $21.15 and shares traded at around $11.65 Thursday afternoon, down nearly 3% for the day. The consensus price target on the stock is $10.75.
[in-text-ad]
The Cheesecake Factory Inc. (NASDAQ: CAKE) got a price target increase from $30 to $45 at Telsey Advisory Group. The firm reiterated its Market Perform rating on the stock. Shares traded at $50.58 Thursday afternoon in a 52-week range of $14.52 to $57.50. The consensus price target on the stock is $40.25.
CNH Industrial NV (NYSE: CNHI) was resumed at Citigroup with a Buy rating and a price target of $19. The stock traded at $14.27 Thursday, down about 1.3%, in a 52-week range of $5.06 to $14.98. The consensus price target on the stock is $17.20.
Cytokinetics Inc. (NASDAQ: CYTK) was started at Barclays with an Overweight rating and price target of $28. Shares traded down about 2.8% at $21.25 Thursday afternoon in a 52-week range of $8.00 to $30.14. The consensus price target on the stock is $27.00.
Rocket Pharmaceuticals Inc. (NASDAQ: RCKT) was initiated with a Buy rating at Needham. The firm’s price target on the stock is $75. Shares traded up about 1.5% for the day at $53.42 Thursday afternoon in a 52-week range of $9.01 to $67.48. The consensus price target on the stock is $70.50.
Micron Technology Inc. (NASDAQ: MU) was started at Daiwa Securities with a Buy rating and price target of $140. The stock traded up about 2.6% at $88.24 Thursday afternoon in a 52-week range of $31.13 to $89.22. The consensus price target on the shares is $94.45.
Invitae Corp. (NYSE: NVTA) was upgraded from Neutral to Buy at Ladenburg Thalmann and the stock’s price target was lifted from $46.50 to $58. Shares traded down about 0.5% Thursday at $47.69 in a 52-week range of $7.41 to $61.59. The consensus price target on the stock is $51.25.
Seagate Technology plc (NASDAQ: STX) was upgraded from Underperform to Buy at BofA Securities. The price target of $90 was maintained. The stock traded up about 1.6% Thursday at $72.58 in a 52-week range of $39.02 to $77.07. The consensus price target on the stock is $65.87.
Urban Edge Properties (NYSE: UE) was upgraded from Equal Weight to Overweight at CapitalOne. The price target of $15 was maintained. Shares traded at $16.25 Thursday afternoon, down about 1% for the day in a 52-week range of $6.98 to $18.93. The consensus price target on the stock is $14.42.
Find a Qualified Financial Advisor (Sponsor)
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
