The Nasdaq recorded losses on Friday in a holiday-shortened trading session, as investors kept an eye on holiday sales and rising covid-19 cases in China.
U.S. stocks closed mixed on Friday, with the Dow Jones gaining around 150 points. Here is the list of some big stocks recording gains in the previous session.
Coupa Software (COUP) - A play on a rumor from Wednesday. Shares closed up nearly 30% following a Bloomberg report Vista Equity Partners was considering a buyout of Coupa. An analyst at Raymond James Friday morning
Credit Suisse raised Universal Health Services, Inc. (NYSE: UHS) price target from $129 to $157. Credit Suisse analyst Jonathan Yong maintained an Outperform rating on the stock. Universal Health fell 2.7% to $126.15 in pre-market trading.
Citi analyst Itay Michaeli upgraded Tesla Inc (NASDAQ: TSLA) to Neutral from Sell with a price target of $176. Michaeli sees around 4% decline in the stock and has an accuracy rate of 53%.
Analyst predicated the action on the year-to-date pullback that has balanced out near-term risk/reward.