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JetBlue, Tesla: Latest Upgrades and Downgrades

TheStreet's weekly guide to upgrades and price target changes includes SeaWorld, Zoom Video and Netflix.

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


SeaWorld Entertainment  (SEAS) - Get SeaWorld Entertainment, Inc. Report was upgraded to outperform from neutral by Credit Suisse analyst Benjamin Chaiken, who also more than doubled his price target for the marine-theme-park operator to $30 a share from $13.

JetBlue  (JBLU) - Get JetBlue Airways Corporation Report , United Airlines  (UAL) - Get United Airlines Holdings, Inc. Report and Spirit Airlines  (SAVE) - Get Spirit Airlines, Inc. Report were all upgraded by J.P. Morgan analyst Jamie Baker amid expectations of a recovery for the industry in 2022. JetBlue received a double upgrade.

Tesla  (TSLA) - Get Tesla Inc Report was upgraded to buy from neutral by New Street Research Pierre Ferragu, who lifted his price target to a Wall Street-high $578. J.P. Morgan analyst Ryan Brinkman raised his target on Tesla to $75 from $65. Brinkman affirmed his underweight rating.

Initiate Coverage

Analyst Siti Panigrahi initiated coverage of Zoom Video Communications  (ZM) - Get Zoom Video Communications (ZM) Report with a buy rating and a price target of $550 a share. 

J.P. Morgan analyst Paul Coster began coverage FuelCell Energy  (FCEL) - Get FuelCell Energy, Inc. Report with an overweight rating and $3 price target. 

TheStreet Recommends

Goldman Sachs analyst Joe Ritchie resumed coverage of General Electric  (GE) - Get General Electric Company (GE) Report with a buy rating and a $10 price target. 

Piper Sandler analyst Kashy Harrison began coverage of SunPower  (SPWR) - Get SunPower Corporation Report with an overweight rating and a $20 share-price target.

Price Target Change

Pivotal analyst Jeffrey Wlodarczak raised his price target for Netflix  (NFLX) - Get Netflix, Inc. (NFLX) Report to $650 from $600 with a buy rating.  (AMZN) - Get, Inc. Report saw its share price target raised to $3,800 from $3,675 by Benchmark analyst Daniel Kurnos, who maintained his buy rating.

Needham analyst Laura Martin raised her price target on streaming platform Roku  (ROKU) - Get Roku, Inc. Class A Report to $255 from $190 and maintained her buy rating.

Piper Sandler analyst Michael Lavery lifted his share-price target for Beyond Meat  (BYND) - Get Beyond Meat, Inc. Report to $178 from $130, while maintaining his neutral rating.