Top Analyst Upgrades and Downgrades: Apple, Canopy Growth, Cheniere, CSX, Johnson & Johnson, Motorola, Slack, Tilray, VMware and More

Globant S.A. (NYSE: GLOB) was downgraded to Neutral from Buy with a $115 target price (versus a $106.96 close) at Citigroup. Its consensus target price was down at $89.00.

Hershey Co. (NYSE: HSY) was raised to Neutral from Sell and the target price was raised to $142 from $186 (versus a $140.43 close, after a 1.5% gain) at Goldman Sachs.

KBH Home (NYSE: KBH) was downgraded to In-Line from Outperform at Evercore ISI.

Lear Corp. (NYSE: LEA) was downgraded to Neutral from Buy with a $140 target price (versus a $129.74 close) at Buckingham Research.

Levi Strauss & Co. (NYSE: LEVI) was downgraded to Sell from an already cautious Neutral rating at Goldman Sachs, and the firm cut its target to $19 from $21. Shares closed down 1.6% at $19.80, and the consensus target price was $25.00 ahead of the call.

Motorola Solutions Inc. (NYSE: MSI) was reiterated as Buy and the target price was raised to $190 from $165 at Argus. Northcoast Research cut it to Neutral from Buy.

Nu Skin Enterprises Inc. (NYSE: NUS) closed up 3.3% at $45.51 on Tuesday but was indicated down almost 20% at $36.55 on Wednesday after warning on revenues after China sales have taken a huge hit after a new government review. D.A. Davidson downgraded the stock to Neutral from Buy and slashed the price target to $38 from $88.

PagSeguro Digital Ltd. (NYSE: PAGS) was started as Outperform and assigned a $65 target price at Evercore ISI.

PVH Corp. (NYSE: PVH) was downgraded to Sell from Neutral and the target was cut to $82 form $101 at Goldman Sachs.

Ralph Lauren Corp. (NYSE: RL) was downgraded to Sell from Neutral and the target price was lowered to $103 from $124 (versus a $115.20 close) at Goldman Sachs.

Santander Consumer USA Holdings Inc. (NYSE: SC) was downgraded to Neutral from Buy and the price target was maintained at $27 at Janney. The firm said the downgrade was based on valuation and a lack of catalysts for more upside.

Slack Technologies Inc. (NYSE: WORK) was started with a Neutral rating at Citigroup.

Tellurian Inc. (NASDAQ: TELL) was downgraded to Hold from Buy at Stifel.

Tilray Inc. (NASDAQ: TLRY) was started as Neutral at Ladenburg Thalmann.

VMware Inc. (NYSE: VMW) was reiterated as Outperform with a $210 price target (versus a $172.21 close) at Wedbush Securities. The firm believes that VMware is seeing considerable deal strength this quarter and is benefiting from secular and company-specific cloud drivers.

Zacks has named Casey’s General Stores Inc. (NASDAQ: CASY) as its Bull of the Day, noting that the retailer is seeing high same-store sales growth on top of digital innovation. The Bear of the Day is Michaels Companies Inc. (NASDAQ: MIK). Zacks noted that the shares are facing pressure as this arts and crafts retailer deal with a weak growth outlook.

Software stock investors are having an incredible 2019, and the analysts at Deutsche Bank, while remaining selective due to valuations, love four top software companies.

Tuesday’s top analyst calls included AFL, Agilent, Allergan, Barrick Gold, Cognex, Hilton, Lloyds, MetLife, Slack, Wingstop and many more.