Analysts were busy this week, upgrading, downgrading, changing price targets, and initiating coverage on a variety of companies.
Casper Sleep (CSPR) - Get Casper Sleep, Inc. (CSPR) Report was upgraded to outperform from neutral by analysts Wedbush Securities, who raised their price target on the mattress and accessories maker to outperform to $10.50 from $10 a share
Price Target Change
EBay (EBAY) - Get eBay Inc. Report had its price target cut by several analysts after the company issued a forecast for the current quarter suggesting that spending on the e-commerce company could wane as more people get vaccinated.
Wall Street analysts lifted their one-year price targets on Alphabet (GOOGL) - Get Alphabet Inc. Class A Report after the Google parent and YouTube owner reported first-quarter results that handily beat expectations.
Needham initiated coverage of the gambling company Penn National Gaming (PENN) - Get Penn National Gaming, Inc. Report with a buy rating and a $151 price target. Needham also started covering DraftKings with a buy rating and $81 price target.