Benzinga - by Lisa Levin, Benzinga Editor.
- Berenberg cut the price target for American Airlines Group Inc. (NASDAQ: AAL) from $26 to $23. Berenberg analyst Adrian Yanoshik maintained an Outperform rating. American Airlines shares fell 0.4% to $12.86 in pre-market trading.
- Barclays slashed IHS Holding Limited (NYSE: IHS) price target from $11.5 to $9.5. Barclays analyst Maurice Patrick maintained an Overweight rating. IHS shares rose 0.6% to close at $5.17 on Monday.
- Jefferies slashed the price target for Nordson Corporation (NASDAQ: NDSN) from $260 to $240. Jefferies analyst Saree Boroditsky downgraded the stock from Buy to Hold. Nordson shares fell 1.1% to $221.85 in pre-market trading.
- Wells Fargo lowered the price target for Olin Corporation (NYSE: OLN) from $65 to $50. Wells Fargo analyst Michael Sison downgraded the stock from Overweight to Equal-Weight. Olin shares fell 1.6% to $46.00 in pre-market trading.
- Jefferies raised Flowserve Corporation (NYSE: FLS) price target from $40 to $50. Jefferies analyst Saree Boroditsky upgraded the stock from Hold to Buy. Flowserve shares rose 0.8% to close at $39.24 on Monday.
- UBS boosted SiteOne Landscape Supply, Inc. (NYSE: SITE) price target from $145 to $200. UBS analyst Damian Karas upgraded the stock from Neutral to Buy. SiteOne Landscape Supply shares rose 1.5% to close at $157.59 on Monday.
- JP Morgan boosted DraftKings Inc. (NASDAQ: DKNG) price target from $26 to $37. JP Morgan analyst Joseph Greff upgraded the stock from Neutral to Overweight. DraftKings shares fell 1.4% to close at $27.36 on Monday.
- Stifel increased Wingstop Inc. (NASDAQ: WING) price target from $180 to $200. Stifel analyst Chris O'Cull upgraded the stock from Hold to Buy. Wingstop shares rose 2.5% to close at $173.52 on Monday.
- Baird cut the price target for Frequency Therapeutics, Inc. (NASDAQ: FREQ) from $4 to $0.5. Baird analyst Jack Allen downgraded the stock from Outperform to Neutral. Frequency Therapeutics shares fell 8.9% to close at $0.36 on Monday.
- BMO Capital lowered W. P. Carey Inc. (NYSE: WPC) price target from $75 to $60. BMO Capital analyst Frank Lee downgraded the stock from Outperform to Market Perform. W. P. Carey shares fell 1.4% to $55.85 in pre-market trading.
- Raymond James cut NIKE, Inc. (NYSE: NKE) price target from $128 to $121. Raymond James analyst Rick Patel maintained an Outperform rating. NIKE shares fell 0.1% to $90.47 in pre-market trading.
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