Analysts were busy this week, upgrading, changing price targets on, and initiating coverage of a variety of companies.
U.S. Steel X was double upgraded by Credit Suisse to outperform from underperform with a Wall-Street-high price target of $35.
Baker Hughes (BHGE) - Get Baker Hughes, a GE Company Class A (BKR) Stock Price, News, Buy or Sell Rating Report was upgraded by Barclays analysts to overweight from equal weight.
Peloton (PTON) - Get Peloton Interactive Inc. Report received a downgrade from Bank of America after the high-tech exercise-bike maker announced a recall of its Tread and Tread+ treadmills following the death of a child. Several analysts also cut their price targets on Peloton due to the recall.
Price Target Change
Jefferies updated its model on Ford (F) - Get Ford Motor Company Report and held its price target in check, after the company warned that chip shortages will lead to a 1.1 million shortfall in 2021 vehicle production.