NextEra Energy Partners L.P. (NYSE: NEP) was raised to Outperform from Neutral with a $44 price target (versus a $41.01 close) at Macquarie. Shares closed up 2.1% on Friday and have a 52-week range of $36.84 to $50.66. The consensus target price was $50.08.
Okta Inc. (NASDAQ: OKTA) was downgraded to Sector Weight from Overweight at KeyBanc Capital Markets. Shares closed up 1.4% at $83.56 on Friday but were indicated down almost 2% at $82.00 on Monday. The consensus target price was $76.41. The 52-week trading range is $27.71 to $83.58.
Regions Financial Corp. (NYSE: RF) was downgraded to Neutral from Outperform with a $17 price target (versus a $15.33 close) at Wedbush, with the downgrade based on valuation and some fading catalysts that have caught up to the story.
Shutterfly Inc. (NASDAQ: SFLY) was started with a Sell rating and assigned a $40 target price (versus a $44.53 close) at Goldman Sachs. The stock had a consensus target price of $66.25, and it has a 52-week trading range of $35.08 to $100.34.
Thor Industries Inc. (NYSE: THO) was downgraded to Market Perform from Outperform with a $62 price target (versus a $63.89 close) at BMO Capital Markets.
Triton International Ltd. (NYSE: TRTN) was downgraded to Underperform from Buy with a $32 price target (versus a $35.57 close) at Merrill Lynch.
VMware Inc. (NYSE: VMW) was started with an In-Line rating and assigned a $160 price target (versus a $150.52 close) at Evercore ISI. The 52-week range is $108.46 to $169.25, and the consensus target price is $167.13.
WisdomTree Investments Inc. (NASDAQ: WETF) was maintained as Outperform but the target price was lowered to $8 at Credit Suisse. The firm lowered its earnings estimates due to a higher operating expense forecast. Citigroup also downgraded the stock to Sell from Neutral.
Xilinx Inc. (NASDAQ: XLNX) was downgraded to Neutral from Buy with a $122 price target (versus a $112.02 close) at Goldman Sachs. The consensus analyst target was $102.48, and the 52-week trading range is $62.27 to $113.44.
Yelp Inc. (NYSE: YELP) was started with a Buy rating and assigned a $42 target price (versus a $37.17 close) at Goldman Sachs. Yelp’s consensus target price was $37.18, and it has a 52-week range of $29.33 to $52.50.
Zimmer Biomet Holdings Inc. (NYSE: ZBH) was reiterated as Underperform and the price target was lowered to $101 from $102 at Credit Suisse, with the company’s view of continued losses in the knee market outweighing an earnings beat and improving supply lifting sentiment.
Friday’s top analyst calls included Alibaba, Amazon.com, AVEO, Baker Hughes, Celgene, DowDuPont, Facebook, General Electric, Goldman Sachs, U.S. Steel and many more.
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