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.
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.
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
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.
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.
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