Coursera, Lattice Semiconductors, Qualcomm and More Monday Afternoon Analyst Calls

Investing

Published: April 19, 2021 12:05 pm

Last Updated: June 11, 2021 12:38 pm

With the trading day about halfway over, the broad markets were pulling back after setting record highs to close out last week. The Nasdaq was getting the worst of the punishment, down over 1%, while the S&P 500 and Dow Jones industrial average were down closer to 0.6%.

24/7 Wall St. is looking at some big analyst calls seen so far on Monday. 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 Monday that included Baker Hughes, Cabot Oil, First Solar, Livent, Sketchers, Vizio, Zynga and more.

Cadence Bancorp. (NYSE: CADE): Keefe Bruyette downgraded it to Market Perform from Outperform. The shares traded near $22 on Monday, in a 52-week trading range of $4.83 to $23.88. The consensus price target is $24.00.

Coursera Inc. (NYSE: COUR): Berenberg started coverage with a Buy rating and a $60 price target. The stock traded near $42 on Monday, in a 52-week range of $37.80 to $62.53.

Discover Financial Services (NYSE: DFS): BMO Capital Markets downgraded it from Outperform to Market Perform with a $105 price target. The stock traded near $100 on Monday, in a 52-week range of $32.50 to $104.49. It has a consensus price target of $111.89.

Evergy Inc. (NYSE: EVRG): Wolfe Research upgraded it to Outperform from Peer Perform and has a $69 price target. On Monday, the stock traded around $63. The 52-week trading range is $48.61 to $65.43. Its consensus analyst target is $63.57.

Lattice Semiconductor Corp. (NASDAQ: LSCC): Susquehanna lowered its Positive rating to Neutral. The shares changed hands around $56 on Monday. The 52-week trading range is $18.46 to $58.38. The consensus price target is $50.60.

Qualcomm Inc. (NASDAQ: QCOM): Susquehanna downgraded it to Neutral from Positive. The consensus price target is $170.81. Shares traded around $135 on Monday, in the 52-week range of $71.75 to $167.94.

Takeda Pharmaceutical Co. Ltd. (NYSE: TAK): JPMorgan dropped its Overweight rating to Neutral. Shares traded around $17 on Monday, in the 52-week range of $15.30 to $20.00. The consensus price target is $22.92.

Trip.com Group Ltd. (NASDAQ: TCOM): The Goldman Sachs upgrade to Buy from Neutral came with a price target raise to $47 from $43. The stock traded around $37 on Monday. The 52-week trading range is $22.35 to $45.19. Its consensus analyst target is $43.46.

ALSO READ: What’s Up With Apple: Apple Store Burns, Stores Close in Michigan, and More

Five BofA Securities defensive stock picks make sense for investors who are looking to stay in the game but concerned about the lofty multiples across the stock market. These companies should benefit from economic growth through 2021.

Will a fatal crash hurt Tesla stock?

The Average American Has No Idea How Much Money You Can Make Today ^(Sponsor)

The last few years made people forget how much banks and CD’s can pay. Meanwhile, interest rates have spiked and many can afford to pay you much more, but most are keeping yields low and hoping you won’t notice.

But there is good news. To win qualified customers, some accounts are paying almost 10x the national average! That’s an incredible way to keep your money safe and earn more at the same time. Our top pick for high yield savings accounts includes other benefits as well. You can earn up to 3.80% with a Checking & Savings Account today Sign up and get up to $300 with direct deposit. No account fees. FDIC Insured.

Click here to see how much more you could be earning on your savings today. It takes just a few minutes to open an account to make your money work for you.

Our top pick for high yield savings accounts includes other benefits as well. You can earn up to 4.00% with a Checking & Savings Account from Sofi. Sign up and get up to $300 with direct deposit. No account fees. FDIC Insured.

¹https://www.fdic.gov/national-rates-and-rate-caps