Top Analyst Upgrades and Downgrades: Akamai, Anaplan, Chipotle, Hasbro, Kimberly-Clark, Rio Tinto, Sherwin-Williams, Snap, Texas Instruments, United Air, UTC, Visa and More
Polaris Industries Inc. (NYSE: PII) was maintained with a Strong Buy rating at Raymond James, but the firm did lower its target to $108 from $114.
PulteGroup (NYSE: PHM) was raised to Sector Perform from Underperform at RBC Capital Markets.
Rio Tinto PLC (NYSE: RIO) was downgraded to Underperform from Neutral at Credit Suisse, with the firm noting that it lacks near-term growth opportunities and other catalysts that might make it attractive.
Sherwin-Williams Co. (NYSE: SWH) was maintained as Equal Weight and the price target was raised to $505 from $470.00 at Barclays. Deutsche Bank raised its target to $550 from $490 and reiterated its Buy rating. KeyBanc Capital Markets reiterated it as Overweight but raised its target price to $525 from $500.
Snap Inc. (NYSE: SNAP) was reiterated as Neutral but the price target was raised to $15 from $10 at Nomura/Instinet. Wedbush maintained its Neutral rating but raised its target to $14.75. UBS upgraded Snap to Neutral from Sell and raised its target to $16 from $8. Shares closed at $14.83, in a 52-week range of $4.82 to $16.24. The consensus price target is $12.98.
Stanley Black & Decker Inc. (NYSE: SWK) was reiterated as Buy at Nomura/Instinet and the target price was raised to $163 from $160.
Texas Instruments Inc. (NASDAQ: TXN) was reiterated as Equal Weight at Barclays, but the firm raised its target price to $120 from $105 at Barclays. Shares closed at $120.07, in a 52-week range of $87.70 to $120.35. The consensus price target is $117.11.
United Airlines Holdings Inc. (NYSE: UAL) was raised to In-Line from Underperform and the price target was raised to $94 from $81 at Imperial Capital. Shares closed at $94.94, in a 52-week range of $77.02 to $97.85. The consensus price target is $108.76.
United Technologies Corp. (NYSE: UTX) was reiterated as Overweight and the target price was raised to $153 from $149 at Barclays. Shares closed at $134.94, in a 52-week range of $100.48 to $144.40. The consensus price target is $151.44.
Visa Inc. (NYSE: V) was reiterated as Buy and the target was raised to $204 from $178 at Nomura/Instinet. KeyBanc Capital Markets reiterated its Overweight rating and raised its target to $195 from $190. Shares closed at $180.90, in a 52-week range of $121.60 to $181.84. The consensus price target is $191.78.
Zacks has named GW Pharmaceuticals PLC (NASDAQ: GWPH) as its Bull of the Day, saying that its first FDA-approved cannabis drug treats two forms of epilepsy and has sales growth hinting at blockbuster potential. The Bear of the Day is Illumina Inc. (NASDAQ: ILMN). Zacks noted that this firm just hit a growth speed bump on its way to explore ancestry and disease.
Tuesday’s top analyst calls included Broadcom, Cognizant Technology Solutions, Digital Realty, Murphy Oil, RealReal, Snap, Sprout’s Farmers Market, Twitter and many more.