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Anthem, Deutsche Bank, Nio, Synchrony Financial and More Friday Afternoon Analyst Calls
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With the trading day more than halfway over, the broad markets were booming into the weekend. After Thursday’s slump, each of the major averages roared back, with the S&P 500 hitting a fresh all-time high. It seems the economic growth concerns from Thursday were completely shaken off.
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 American Express, Bumble, Cloudera, Domino’s, GM, Match and more.
Acadia Healthcare Co. Inc. (NASDAQ: ACHC): Seaport Global Securities initiated coverage with a Neutral rating. The shares traded near $63 on Friday, in a 52-week trading range of $24.06 to $68.00.
Anthem Inc. (NYSE: ANTM): Seaport Global Securities started it with a Buy rating and a $430 price target. The stock was changing hands around $388 a share on Friday, in a 52-week range of $244.10 to $406.00.
Deutsche Bank A.G. (NYSE: DB): RBC upgraded its Underperform rating to Sector Perform. The stock traded near $12 on Friday, in a 52-week range of $7.84 to $15.34. It has a consensus price target of $11.27.
Nevro Corp. (NYSE: NVRO): Redburn downgraded it to a Neutral rating from Buy. The stock traded near $154 on Friday, in a 52-week range of $111.99 to $188.14. It has a consensus price target of $195.75.
Nio Inc. (NYSE: NIO): HSBC Securities upgraded the stock to a Buy rating from Hold and has a $69 price target. Shares were trading at around $45, in the 52-week range of $10.46 to $66.99. The consensus price target is $54.82.
State Street Corp. (NYSE: STT): The UBS upgrade to Buy from Neutral included a price target hike to $95 from $83. On Friday, the stock traded around $83. The 52-week trading range is $56.63 to $89.28. The consensus price target is $93.81.
Synchrony Financial (NYSE: SYF): Citigroup resumed coverage with a Neutral rating but raised the price target to $51 from $40. The stock was changing hands around $49 a share on Friday, in a 52-week range of $21.28 to $50.96.
Vistra Corp. (NYSE: VST): The BofA Securities upgrade to Buy from Neutral came with a price target raise to $23 from $17. The stock traded near $19 on Friday, in a 52-week range of $15.47 to $24.20. It has a consensus price target of $23.40.
XL Fleet Corp. (NYSE: XL): BTIG Research downgraded it to Neutral from Buy. The stock traded near $7 on Friday, in a 52-week range of $5.41 to $35.00. It has a consensus price target of $9.75.
Find out about Warren Buffett’s $18 billion mistake, as well as what concerns Thursday’s sell-off raised for CNBC’s Jim Cramer. In addition, is the meme stock craze beginning to fade?
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