Top Analyst Upgrades and Downgrades: Applied Materials, Campbell Soup, Ceridien HCM, Dillard’s, Energizer, nLIGHT, Snap, Turtle Beach and More

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Hostess Brands Inc. (NASDAQ: TWNK) was started with a Buy rating and assigned a $15 price target (versus a $12.70 close) at Berenberg.

Knight-Swift Transportation Holdings Inc. (NYSE: KNX) was raised to Buy from Hold with a $48 price target (versus a $40.85 close) at Stifel.

Nano Dimension Ltd. (NASDAQ: NNDM) was started as Buy with a $2 price target (versus a $1.37 close, after a 5.4% gain) at Canaccord Genuity.

nLIGHT Inc. (NASDAQ: LASR) has seen multiple buy ratings issued after a quiet period expiration versus a $29.97 closing price on Friday. These were seen as follows:

  • nLIGHT was started as Buy with a $40 price target at Stifel.
  • Canaccord Genuity started it with a Buy rating and assigned a $35 target.
  • D.A. Davidson started it as Buy and assigned a $40 price target.
  • Needham started it as Buy with a $34 price target.

Prothena Corp. (NASDAQ: PRTA) was downgraded to Underweight from Equal Weight with a $12 price target (versus $15.28 close) at Barclays. Prothena closed down 2% on Friday, but its shares were down 6.7% at $14.25 ahead of Monday’s opening bell.

Sempra Energy (NYSE: SRE) was raised to Buy from Hold with a $119 price target (versus a $101.97 close).

Snap Inc. (NYSE: SNAP) was raised to Neutral from Sell at MoffettNathanson.

Spectra Energy Partners L.P. (NYSE: SEP) was downgraded to Market Perform from Outperform at Raymond James.

Turtle Beach Corp. (NASDAQ: HEAR) has seen shares rise exponentially on the back of Fortnite and other video game drivers. Wedbush Securities reiterated its Outperform rating and raised its target to $20 after a $15.97 close. Turtle Beach has a 52-week range of $1.64 to $20.36.

VEREIT Inc. (NYSE: VER) was downgraded to In-Line from Outperform with a $7.25 price target (versus a $6.86 close) at Evercore ISI. VEREI also comes with a yield of more than 7%.

VF Corp. (NYSE: VFC) was started with a Buy rating and assigned a $101 price target (versus an $80.07 close) at Argus. It has an $81.63 consensus target price.

VMware Inc. (NYSE: VMW) was reiterated as Outperform and the price target was raised to $155 from $140 (versus $138.99 close) at Credit Suisse. VMware shares were up over 1% on the news.

Welltower Inc. (NYSE: WELL) was raised to Outperform from Market Perform at Raymond James.

Williams Partners L.P. (NYSE: WPZ) was downgraded to Outperform from Strong Buy at Raymond James.

Nine cancer stocks bracing for key ASCO conference presentations and data.

Including Target and Hewlett Packard Enterprise, these are the top earnings reports coming out this week.

Friday’s top analyst calls included Aimmune, Anadarko, Carrizo Oil & Gas, Mastercard, PayPal, Spotify, Visa and many more.

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