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Various companies see stock price shifts and analyst rating changes
Various companies experienced significant stock price movements and analyst rating changes.
Public Service Enterprise Group was downgraded from a ‘hold’ to a ‘sell’ rating by Wall Street Zen. Other analysts, including Citigroup and Jefferies, have also recently adjusted price targets for the company.
Madison Square Garden was also downgraded to a ‘sell’ rating by Wall Street Zen, though other firms like JPMorgan Chase and Morgan Stanley have issued more positive outlooks with increased price targets.
BlackLine shares rose 9.7% during mid-day trading, despite a recent downgrade from Wall Street Zen from ‘strong-buy’ to ‘buy’. Netlist, Inc. saw its share price increase by 9.1% following a period of positive earnings reports.
Conversely, Backblaze, Inc. saw its stock price fall 4.9% during recent trading sessions, even as some brokerages like Needham & Company and Oppenheimer raised their price targets for the firm.
Entities
Backblaze, Inc. · BlackLine · Madison Square Garden · N-able, Inc. · Netlist, Inc. · Public Service Enterprise Group