Alphabet, Costco, FedEx, UPS and More Monday Afternoon Analyst Calls

Investing

Published: May 3, 2021 12:25 pm

With the trading day more than halfway over, the broad markets were somewhat mixed on the day. The Dow Jones industrial average was leading the charge higher with the S&P 500, but the Nasdaq was lagging behind with a loss. Each of these major indexes is within striking distance of all-time highs, and there are even more earnings coming this week.

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 Carvana, Chewy, DraftKings, Halliburton, Raytheon and more.

Alphabet Inc. (NASDAQ: GOOGL): China Renaissance upgraded it to a Buy rating from Hold and has a $3,000 price target. The shares traded near $2,355 on Monday, in a 52-week trading range of $1,296.01 to $2,431.38. The consensus price target is $2,683.77.

Clorox Co. (NYSE: CLX): Wells Fargo lowered its Overweight rating to Underweight and dropped the price target from $240 to $170. The stock traded near $182 on Monday, in a 52-week range of $176.73 to $239.87. It has a consensus price target of $210.38.

Costco Wholesale Corp. (NASDAQ: COST): Telsey Advisory Group reiterated it as Outperform and raised its price target to $390 from $375. The stock traded near $378 on Monday, in a 52-week range of $293.84 to $393.15. It has a consensus price target of $387.50.

Dish Network Corp. (NASDAQ: DISH): Pivotal Research reiterated its Hold rating but raised its price target to $50 from $34. On Monday, the stock traded around $44.85. The 52-week trading range is $22.54 to $45.86. Its consensus analyst target is $44.24.

FedEx Corp. (NYSE: FDX): Wolfe Research upgraded it to an Outperform rating from Peer Perform. The shares changed hands at around $303 on Monday. The 52-week trading range is $103.40 to $305.66. The consensus price target is $328.90.

PG&E Corp. (NYSE: PCG): The Wells Fargo upgrade to Overweight from Equal Weight included a price target hike to $15.50 from $12. Shares traded around $11 on Monday, in the 52-week range of $8.35 to $13.34. The consensus price target is $14.83.

ProQR Therapeutics N.V. (NASDAQ: PRQR): Stifel initiated coverage with a Buy rating and a $20 price target. The stock traded around $6 on Monday. The 52-week trading range is $3.40 to $9.46. Its consensus analyst target is $27.33.

United Parcel Service Inc. (NYSE: UPS): Wolfe Research upgraded it to Outperform from Peer Perform. The stock traded near $213 on Monday, in a 52-week range of $88.85 to $213.27. It has a consensus price target of $209.75.

Aggressive investors may want to look at these four Buy-rated semiconductor stocks offering great entry points after the companies posted stellar numbers and the shares sold off.

Also, see what getting rid of its long-term debt means for GameStop.

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