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Boeing, Best Buy: Latest Upgrades and Downgrades

Boeing, Best Buy: Latest Upgrades and Downgrades TheStreet s weekly guide to upgrades, downgrades and price-target changes includes Boeing, Best Buy and DraftKings. Author: Dec 11, 2020 2:36 PM EST Analysts were busy this week, upgrading, changing price targets, and initiating coverage of a variety of companies. Upgrade Boeing  ( BA) - Get Report was upgraded to buy from neutral by UBS analyst Myles Walton, who  doubled his share-price target to $300. The return to service of Boeing’s 737 MAX after a two-year grounding sparked the move. The MAX had been grounded after two of them crashed, in October 2018 and March 2019. Downgrade Tesla  ( TSLA) - Get Report was downgraded to hold from buy after analysts at Jefferies raised concerns that the company won t be as dominant in the electric-vehicle space as some assume. Jefferies also lifted their price target to $650 from $500. Separately, JPMorgan lifted its price target on the clean energy carmaker to just $90.

Best Buy s Winning Streak Is Ending and Its Stock Is Now a Sell, Says Goldman

Order Reprints Text size Analyst Kate McShane cut her rating on Best Buy shares to Sell from Neutral, and shaved $10 off her price target, to $97. Justin Sullivan/Getty Images Best Buy stock is falling early Thursday, following a downgrade from Goldman Sachs, which warns that it could struggle to maintain its rally next year. Analyst Kate McShane cut her rating on Best Buy shares (ticker: BBY) to Sell from Neutral, and shaved $10 off her price target, to $97. She writes that this isn’t a negative commentary on the company itself: “Best Buy is one of the best run retailers in the U.S. and continues to evolve its omnichannel, but as we look to 2021 we see risk for the stock.”

Best Buy Co , Inc (NYSE:BBY), (BJ) - Goldman On Hardline Retail: Top Ideas, New Ideas, Out Of Consensus Ideas, And More

Best Buy Co , Inc (NYSE:BBY), (BJ) - Goldman On Hardline Retail: Top Ideas, New Ideas, Out Of Consensus Ideas, And More
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