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At Home, Beyond Meat, Lyft, Raytheon and More Monday Afternoon Analyst Calls
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With the trading day about halfway over, the markets were all over the place. The Nasdaq took a beating yet again, with the index down close to 1.7%. The S&P 500 was barely negative, and the Dow Jones industrial average actually posted a handy gain for the day.
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 Alphabet, Cree, Facebook, Intel, Live Nation, Oracle, Okta and more.
At Home Group Inc. (NYSE: HOME): Monness Crespi & Hardt and Compass Point each downgraded it to a Neutral rating from Buy. The shares traded near $36 on Monday, in a 52-week trading range of $2.28 to $37.75. The consensus price target is $34.78.
Beyond Meat Inc. (NASDAQ: BYND): Canaccord Genuity reiterated a Hold rating but lowered its price target to $125 from $155. The shares changed hands at around $103 on Monday. The 52-week trading range is $103.81 to $221.00. The consensus price target is $122.80.
Lyft Inc. (NASDAQ: LYFT): While Daiwa Securities upgraded it to Outperform from Neutral, the firm also lowered the price target to $56 from $59. Shares were trading around $49, in the 52-week range of $21.34 to $68.28. The consensus price target is $68.82.
MoneyGram International Inc. (NASDAQ: MGI): JPMorgan’s upgrade to Neutral from Underweight included a price target hike to $10 from $8. The stock traded near $8 on Monday, in a 52-week range of $1.50 to $11.70. It has a consensus price target of $7.17.
Mirati Therapeutics Inc. (NASDAQ: MRTX): Jefferies upgraded the stock to Buy from Hold but lowered the price target to $196 from $208. The stock traded near $149 on Monday, in a 52-week range of $91.90 to $249.42. It has a consensus price target of $240.00.
Raytheon Technologies Corp. (NYSE: RTX): Redburn initiated coverage with a Buy rating and a $108 price target. The stock traded near $86 on Monday, in a 52-week range of $51.13 to $87.04. It has a consensus price target of $93.76.
Truist Financial Corp. (NYSE: TFC): Raymond James downgraded it to Market Perform from Outperform. On Monday, the stock traded around $62. The 52-week trading range is $29.87 to $62.10. Its consensus analyst target is $64.71.
ViacomCBS Inc. (NASDAQ: VIAC): Barrington Research raised its Market Perform rating to Outperform and has a $50 price target. The stock traded near $40 on Monday, in a 52-week range of $16.05 to $101.97. It has a consensus price target of $51.00.
The drastic changes in the way business is being done now may be here for good. These four Jefferies growth stock picks look poised to advance into the future and have some big upside to the firm’s price targets.
In addition, have a closer look at expectations for entertainment company Live Nation and self-driving technology maker TuSimple.
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