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HubSpot, Twitter, Sonos: Latest Upgrades and Downgrades

TheStreet's weekly guide to upgrades, downgrades and price-target changes includes Estee Lauder, Twitter and Uber.

Analysts were busy this week, upgrading, changing price targets, and initiating coverage on a variety of companies.


Estee Lauder  (EL) - Get Estee Lauder Companies Inc. Class A Report received a double upgrade to overweight from underweight from J.P. Morgan analyst Andrea Teixeira, who lifted her price target to $299 from $208. 

Jefferies analyst Stephanie Wissink upgraded the stock to buy from hold and boosted her price target to $310 from $240.

HubSpot  (HUBS) - Get HubSpot, Inc. Report was upgraded by analysts after the customer relationship management platform reported strong quarterly earnings. 

Raymond James upgraded HubSpot to strong buy from outperform and boosted its price target to $725 from $365.


Videogame streamer Huya  (HUYA) - Get HUYA, Inc. Sponsored ADR Class A Report was double downgraded by CLSA analyst Sally Chan to underperform from outperform. Chinese regulators are looking over Huya's proposed acquisition of rival DouYu International  (DOYU) - Get DouYu International Holdings Ltd. Sponsored ADR Report for $6 billion.

Amicus Therapeutics  (FOLD) - Get Amicus Therapeutics, Inc. Report was downgraded by analysts after the biopharmaceutical company reported disappointing test results for its Pompe disease drug.


Morgan Stanley initiated coverage of Fisker  (FSR) - Get Fisker Report and QuantumScape  (QS) - Get QUANTUMSCAPE Report with overweight ratings, while giving underweight ratings to Lordstown Motors  (RIDE) - Get LORDSTOWN MOTORS CORP. Report and Romeo Power.

Price Target Changes

Twitter  (TWTR) - Get Twitter, Inc. Report received a raft of price-target increases from analysts after the microblogging site reported better-than-expected fourth-quarter earnings.

Illumina  (ILMN) - Get Illumina, Inc. (ILMN) Report received a string of price-target increases from analysts after the sequencing firm reported fourth-quarter earnings that topped estimates.

TheStreet Recommends

Cloudflare  (NET) - Get Cloudflare Inc Class A Report received price target upgrades from analysts at Morgan Stanley, KeyBanc, Needham and others after beating Wall Street's fourth-quarter expectations.

Sonos  (SONO) - Get Sonos, Inc. Report sparked a flurry of price target upgrades by analysts after the company posted better-than-expected fiscal first-quarter earnings and guidance.

Several analysts raised their price targets for Chegg  (CHGG) - Get Chegg, Inc. Report after the company, which sells and rents textbooks, reported that fourth-quarter earnings per share tripled.

Analysts raised their price targets for Zillow Group  (ZG) - Get Zillow Group, Inc. Class A Report after the online housing marketplace reported strong fourth-quarter earnings. Deutsche Bank raised its price target for Zillow to $202 a share from $160.

A number of analysts increased their price targets for Take-Two Interactive Software  (TTWO) - Get Take-Two Interactive Software, Inc. Report released a strong earnings report.

Several analysts raised their price targets on shares of Datadog  (DDOG) - Get Datadog Inc Class A Report, despite the cloud monitoring company's disappointing guidance.

Entertainment giant Walt Disney's  (DIS) - Get Walt Disney Company Report better-than-expected fiscal first-quarter results prompted analysts to raise their price targets.

Uber Technologies  (UBER) - Get Uber Technologies, Inc. Report sparked a series of price target increases from analysts despite a fourth-quarter earnings miss.

Zynga  (ZNGA) - Get Zynga Inc. Class A Report received price target increases from analysts after the video game maker latest earnings release.

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