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Etsy, Monster Beverage, Nokia and More Friday Afternoon Analyst Calls
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With the trading day about halfway over, markets pushed higher into the weekend. The Nasdaq was the biggest winner on the day, with the index up over 1.3%. The Dow Jones industrial average and S&P 500 each posted handy gains for the day.
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 ConocoPhillips, Darden Restaurants, Datadog, Peloton International, Roku and Tilray.
Epizyme Inc. (NASDAQ: EPZM): SVB Leerink upgraded it to an Outperform rating from Market Perform and raised its price target to $16 from $12. The shares changed hands at around $8 on Friday. The 52-week trading range is $6.70 to $22.00. The consensus price target is $18.88.
Etsy Inc. (NASDAQ: ETSY): Stifel raised its Hold rating to Buy with a $205 price target. The shares traded near $164 on Friday, in a 52-week trading range of $69.35 to $251.86. The consensus price target is $227.13.
Fate Therapeutics Inc. (NASDAQ: FATE): The Wedbush upgrade to an Outperform rating from Neutral included an $88 price target. Shares were trading around $78, in the 52-week range of $25.60 to $121.16. The consensus price target is $112.76.
Intellia Therapeutics Inc. (NASDAQ: NTLA): Roth Capital upgraded it to Buy from Neutral and raised its price target to $80 from $75. The stock traded near $71 on Friday, in a 52-week range of $13.22 to $92.00. It has a consensus price target of $84.92.
Ionis Pharmaceuticals Inc. (NASDAQ: IONS): UBS not only upgraded it to Neutral from Sell but raised its price target to $37.50 from $33. The stock traded near $37 on Friday, in a 52-week range of $36.03 to $64.37. It has a consensus price target of $57.53.
Monster Beverage Corp. (NASDAQ: MNST): Truist reiterated its Buy rating and raised the price target to $115 from $105. The stock traded near $90 on Friday, in a 52-week range of $63.38 to $99.24. It has a consensus price target of $103.89.
Nokia Corp. (NYSE: NOK): Morgan Stanley upgraded it to Overweight from Equal Weight. On Friday, the stock traded around $5. The 52-week trading range is $3.21 to $9.79. Its consensus analyst target is $5.37.
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