Thursday’s Midday Movers: Whiting Petroleum Corp (WLL), Rite Aid Corp (RAD), Seagate Tech (STX), Aerie Pharma (AERI), SunPower Corp (SPWR)

By Carrie Williams

So far Thursday, September 19, NASDAQ is up 0.58% and the S&P is up 0.35%. Let’s take a look at this morning’s most active stocks and their recent analyst insights; Whiting Petroleum Corp (WLLResearch Report), Rite Aid Corp (RADResearch Report), Seagate Tech (STXResearch Report), Aerie Pharma (AERIResearch Report) and SunPower Corp (SPWRResearch Report).

Whiting Petroleum Corp is down -9.34% in midday trading to $8.98. Shares opened today at $9.90. The company has a 52-week low of $6.00 and a 52-week high of $55.17. On the Street’s front, the average 12-month analyst price target for the stock is $15.23, marking a 53.84% potential upside from current levels. In a report issued on September 16, Credit Suisse analyst Betty Jing maintained a Hold rating on WLL, with a price target of $11, which represents a potential upside of 11% from where the stock is currently trading. Separately, on the same day, KeyBanc’s Leo Mariani upgraded the stock to Buy . In the last 30 days, insiders have sold $2,992 worth of WLL shares.

Rite Aid Corp is up 7.55% in midday trading to $7.41. Shares opened today at $6.89. The company has a 52-week low of $5.04 and a 52-week high of $27.20. On the Street’s front, the average 12-month analyst price target for the stock is $5.00, marking a -27.43% potential downside from current levels. In a report issued on September 11, Deutsche Bank analyst George Hill initiated coverage with a Sell rating on RAD and a price target of $5, which represents a potential downside of 27% from where the stock is currently trading. In the last 30 days, insiders have sold $13.83K worth of RAD shares.

Seagate Tech is down -7.04% in midday trading to $53.00. Shares opened today at $57.01. The company has a 52-week low of $35.38 and a 52-week high of $57.20. On the Street’s front, the average 12-month analyst price target for the stock is $46.31, marking a -18.77% potential downside from current levels. In a report released today, UBS analyst Munjal Shah maintained a Sell rating on STX, with a price target of $38, which implies a downside of 33% from current levels. Separately, on September 13, Wells Fargo’s Aaron Rakers maintained a Hold rating on the stock and has a price target of $48. In the last 30 days, insiders have sold $1.99M worth of STX shares and purchased $103.3K worth of STX shares.

See today’s analyst top recommended stocks >>

Aerie Pharma is up 6.56% in midday trading to $22.90. Shares opened today at $21.49. The company has a 52-week low of $18.02 and a 52-week high of $63.20. On the Street’s front, the average 12-month analyst price target for the stock is $55.20, marking a 156.86% potential upside from current levels. In a report issued on September 13, Mizuho analyst Difei Yang maintained a Buy rating on AERI, with a price target of $63, which represents a potential upside of 193% from where the stock is currently trading. In the last 30 days, insiders purchased $9.07M worth of AERI shares. Over the last 3 months, the insider sentiment on Aerie Pharma has been positive based on 46 corporate insider transactions. This sentiment is slightly higher than the average sector sentiment of insiders.

See today’s analyst top recommended stocks >>

SunPower Corp is up 5.7% in midday trading to $15.21. Shares opened today at $14.39. The company has a 52-week low of $4.55 and a 52-week high of $16.04. On the Street’s front, the average 12-month analyst price target for the stock is $10.25, marking a -28.77% potential downside from current levels. In a report issued on August 1, Barclays analyst Moses Sutton maintained a Sell rating on SPWR, with a price target of $6, which represents a potential downside of 58% from where the stock is currently trading. Separately, on the same day, Credit Suisse’s Michael Weinstein W. upgraded the stock to Buy and has a price target of $14.50.

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