JetBlue, Tesla: Latest Upgrades and Downgrades - TheStreet

JetBlue, Tesla: Latest Upgrades and Downgrades

TheStreet's weekly guide to upgrades and price target changes includes SeaWorld, Zoom Video and Netflix.
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Analysts were busy this week, upgrading, changing price targets, and initiating coverage of a variety of companies.


SeaWorld Entertainment  (SEAS) - Get 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 Report , United Airlines  (UAL) - Get Report and Spirit Airlines  (SAVE) - Get 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 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 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 Report with an overweight rating and $3 price target. 

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

Piper Sandler analyst Kashy Harrison began coverage of SunPower  (SPWR) - Get 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 Report to $650 from $600 with a buy rating.  (AMZN) - Get 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 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 Report to $178 from $130, while maintaining his neutral rating.