Analysts were busy this week, upgrading, changing price targets on, and initiating coverage of a variety of companies.
Tilray (TLRY) was downgraded to neutral from overweight, by Piper Sandler, which raised its price target to $26 from $15. Benchmark cut its rating to hold from buy and more than doubled its price target to $32 from $12.
Twilio (TWLO) saw its price targets increased by Piper Sandler and Keybanc after the cloud-based software provider reported fourth-quarter sales and earnings that were better than analysts’ forecasts.
Cantor Fitzgerald raised its share-price target for Tilray 25%, to $30.25 from $24.20 and maintained its neutral rating.