The Latest Breaking News from Oppenheimer

Oppenheimer has decided to maintain its Outperform rating of IAC/InterActive (NASDAQ:IAC) and lower its price target from $155.00 to $135.00. Shares of IAC/InterActive are trading up 2.34% over the last 24 hours, at $80.94 per share.

Upgrades

Upgrades

Oppenheimer has decided to maintain its Outperform rating of Etsy (NASDAQ:ETSY) and lower its price target from $215.00 to $175.00. Shares of Etsy are trading up 4.36% over the last 24 hours, at $117.87 per share. A move to $175.00 would account for a 48.47% increase from the current share…

Someone with a lot of money to spend has taken a bearish stance on Costco Wholesale (NASDAQ:COST). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Oppenheimer has decided to maintain its Outperform rating of BioCryst Pharmaceuticals (NASDAQ:BCRX) and lower its price target from $20.00 to $16.00. Shares of BioCryst Pharmaceuticals are trading down 1.62% over the last 24 hours, at $10.94 per share.

Oppenheimer analyst Brian Schwartz upgraded Zeta Global Holdings Corp (NYSE:ZETA) to Outperform from Perform with a $20 price target (49.5% upside).  Zeta is an omnichannel data-driven cloud platform offering enterprises with consumer intelligence and marketing automation software.  Schwartz saw a "substantial upside from current prices" based on valuation, improving fundamentals, and transparency.  Zeta's revenue growth…

Upgrades

Oppenheimer analyst Brian Nagel upgraded Tractor Supply Co (NASDAQ:TSCO) to Outperform from Perform with a $270 price target, implying a 16.1% upside. The analyst notes Tractor Supply's model strengthened through the COVID-19 crisis. Nagel specifies that macro tailwinds like soaring fuel prices and demographic shifts as the reasons for the upgrade. Also Read: Tractor Supply Q4…