The Latest Breaking News from Keybanc

Keybanc boosted McDonald's Corporation (NYSE: MCD) price target from $275 to $285. McDonald's shares rose 1% to $253.07 in pre-market trading.

Shopify Inc (NYSE: SHOP) is trading lower Tuesday following bearish analyst coverage from Keybanc. Keybanc analyst Josh Beck maintained Shopify with an Overweight rating and lowered the price target from $1750 to $1250.

Etsy Inc (NASDAQ: ETSY) is trading higher Thursday following bullish analyst coverage from Keybanc. Keybanc analyst Edward Yruma upgraded Etsy from a Sector Weight rating to an Overweight rating and announced a $200 price target.

Upgrades

KeyBanc analyst Thomas Blakey initiated coverage of Nutanix Inc (NASDAQ:NTNX) with an Overweight rating and a $39 price target, suggesting an upside of 38.74%. The recent acceleration, new product cross-sell, and go-to-market partnerships have influenced his above-Street revenue and ACV billings outlook. Blakey further notes that he sees potential rerating with about 50% of…

Keybanc raised J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) price target from $210 to $225. J.B. Hunt shares fell 0.1% to $202.00 in pre-market trading.