Analysts were busy this week, upgrading, changing price targets, and initiating coverage of a variety of companies.
ViacomCBS (VIACA) - Get Report and Discovery (DISCA) - Get Report were downgraded in separate Wells Fargo notes as analysts expressed concerned that the media companies' recent gains may be overblown.
Price Target Change
Several analysts raised their price targets for Telos (TLS) - Get Report after the cybersecurity company beat Wall Street's fourth-quarter earnings expectations and provided strong first-quarter and full-year guidance.
Raymond James raised its share-price target for Dave & Buster’s (PLAY) - Get Report to a Wall Street high of $55 from $45, kept its strong-buy rating for the entertainment/restaurant chain amid solid sales.