Amazon, Chipotle, Disney and More Friday Afternoon Analyst Calls

Photo of Chris Lange
By Chris Lange Updated Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
Amazon, Chipotle, Disney and More Friday Afternoon Analyst Calls

© ipopba / Getty Images

With the trading day about halfway over, the broad markets were trading sideways into the weekend, despite the Dow Jones industrials and the S&P 500 setting record intraday highs in the session. The Nasdaq was lagging, though.

24/7 Wall St. is looking at some big analyst calls seen so far on Friday. We have included the latest analyst call on each stock, as well as a recent trading history and the consensus targets among analysts.

For those that might have missed it, 24/7 Wall St. had an earlier round of analyst calls on Friday that included BP, Coinbase, Cisco, FuelCell, Micron, United Airlines and more.

Amazon.com Inc. (NASDAQ: AMZN | AMZN Price Prediction). Credit Suisse reiterated the e-commerce giant with an Outperform rating and raised the price target to $3,950 from $3,940. The shares traded near $3,393 on Friday, in a 52-week trading range of $2,256.38 to $3,552.25. The consensus price target is $4,009.23.

[nativounit]

Apellis Pharmaceuticals Inc. (NASDAQ: APLS): Goldman Sachs started coverage with a Buy rating and a $130 price target. The stock traded near $46 on Friday, in a 52-week range of $25.49 to $58.47. The consensus analyst target is $64.14.

Array Technologies Inc. (NASDAQ: ARRY): UBS upgraded it from Neutral to Buy with a $43 price target. The stock traded near $28 on Friday, in a 52-week range of $26.13 to $54.78. It has a consensus price target of $45.45.

Bloom Energy Corp. (NYSE: BE): JPMorgan upgraded it from Neutral to Overweight with a $36 price target. On Friday, the stock traded around $24. The 52-week trading range is $6.53 to $44.95. Its consensus analyst target is $31.75.

Chipotle Mexican Grill Inc. (NYSE: CMG): KeyBanc Capital Markets raised its price target to $1,725 from $1,625 and reiterated it as Overweight. The shares changed hands around $1,529 on Friday. The 52-week trading range is $772.01 to $1,579.52. The consensus price target is $1,667.64.

JinkoSolar Holding Co. Ltd. (NYSE: JKS): UBS upgraded it from Sell to Neutral with a $41 price target. Shares traded around $38 on Friday, in the 52-week range of $13.67 to $90.20. The consensus price target is $40.79.

Marathon Petroleum Corp. (NYSE: MPC): Raymond James upgraded its Market Perform rating to a Strong Buy and has a $69 price target. The consensus price target is $62.33. Shares traded around $54 on Friday, in the 52-week range of $22.42 to $59.93.

Walt Disney Co. (NYSE: DIS): Truist raised its price target to $205 from $195 and reiterated its Buy rating. The stock traded around $187 on Friday. The 52-week trading range is $98.86 to $203.02. Its consensus analyst target is $206.50.

[recirclink id=863889]

The semiconductor capital equipment industry looks poised to continue massive growth this year and next. Four top companies are executing well, and their stocks still have very solid upside to the Goldman Sachs price targets.

Note that alternative energy stocks seem to be winning favor with analysts again.

[wallst_email_signup]

Photo of Chris Lange
About the Author Chris Lange →

Chris Lange is a writer for 24/7 Wall St., based in Houston. He has covered financial markets over the past decade with an emphasis on healthcare, tech, and IPOs. During this time, he has published thousands of articles with insightful analysis across these complex fields. Currently, Lange's focus is on military and geopolitical topics.

Lange's work has been quoted or mentioned in Forbes, The New York Times, Business Insider, USA Today, MSN, Yahoo, The Verge, Vice, The Intelligencer, Quartz, Nasdaq, The Motley Fool, Fox Business, International Business Times, The Street, Seeking Alpha, Barron’s, Benzinga, and many other major publications.

A graduate of Southwestern University in Georgetown, Texas, Lange majored in business with a particular focus on investments. He has previous experience in the banking industry and startups.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618