Investing

Amicus, Bloomin' Brands, Seagate and More Friday Afternoon Analyst Calls

Chris Lange

Published: May 21, 2021 12:26 pm

With the trading day more than halfway over, the markets were somewhat mixed going into the weekend. The Nasdaq felt the worst of it, being down 0.4%, while the Dow Jones industrial average was practically flat. The S&P 500 was having the best day with a gain about 0.5%.

24/7 Wall St. is reviewing some big analyst calls seen 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 AT&T Cisco, Dish Network, Splunk, Virgin Galactic and more.

Amicus Therapeutics Inc. (NASDAQ: FOLD): UBS initiated coverage with a Buy rating and a $16 price target. The shares traded near $9 on Friday, in a 52-week trading range of $8.83 to $25.39. The consensus price target is $17.59.

Appellis Pharmaceuticals Inc. (NASDAQ: APLS): UBS initiated coverage with a Buy rating and an $82 price target. Shares were trading around $49, in the 52-week range of $25.49 to $58.47. The consensus price target is $72.29.

Bloomin’ Brands Inc. (NASDAQ: BLMN): Gordon Haskett upgraded it to a Buy rating from Hold. The shares were changing hands at around $28 on Friday. The 52-week trading range is $9.36 to $32.81. The consensus price target is $35.05.

Children’s Place Inc. (NASDAQ: PLCE): Citigroup’s upgrade to Neutral from Sell included a price target hike to $95 from $50. Telsey Advisory reiterated an Outperform rating and raised the price target to $110 from $100. The stock traded near $93 on Friday, in a 52-week range of $17.78 to $103.33. It has a consensus price target of $76.50.

1Life Healthcare Inc. (NASDAQ: ONEM): KeyBanc Capital Markets initiated coverage with an Overweight rating and a $41 price target. The stock traded near $34 on Friday, in a 52-week range of $25.40 to $59.82. It has a consensus price target of $50.91.

Sabra Health Care REIT Inc. (NASDAQ: SBRA): BMO Capital Markets upgraded it to Outperform from Market Perform and raised the price target to $20 from $21. On Friday, the stock traded around $17. The 52-week trading range is $12.85 to $18.95. Its consensus analyst target is $19.50.

Seagate Technology Holdings PLC (NASDAQ: STX): Northland Capital downgraded it to a Market Perform from Outperform and has a $98 price target. The stock traded near $94 on Friday, in a 52-week range of $43.53 to $106.22. It has a consensus price target of $89.35.

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