Top Analyst Upgrades and Downgrades: Apple, Caterpillar, Costco, Chipotle, eBay, Groupon, Honeywell, Mastercard, Newmont Goldcorp, Roku, Zoetis and More

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Groupon Inc. (NASDAQ: GRPN) was reiterated as Neutral with a $3.50 target price (versus a $2.54 close) at Wedbush. The firm noted that Groupon is in a sensitive time wherein it has to hit its targets and while it is also losing customers or seeing stagnant use by its customers.

Honeywell International Inc. (NYSE: HON) was reiterated as Buy and its target price was raised to $198 from $189 (versus a $171.16 close) at Citigroup.

IDEXX Laboratories Inc. (NASDAQ: IDXX) was started with a Neutral rating and assigned a $277 target price (versus a $288.47 close) at Goldman Sachs.

Las Vegas Sands Corp. (NYSE: LVS) was raised to Buy from Hold with a $70 target price at Deutsche Bank. Shares previously closed up 0.1% at $56.19 and were indicated up 1.7% at $57.18 after the call. The prior consensus target price was $70.41.

Macy’s Inc. (NYSE: M) was named as the Zacks Bear of the Day stock. The firm said that the retailer has continued to disappoint shareholders and investors alike, with its stock down about 50% year to date. Shares of Macy’s last closed at $15.39, with a consensus price target of $18.53.

Mastercard Inc. (NYSE: MA) was reiterated with a Buy rating and its target price was raised to $317 from $288 (versus a $291.38 close) at Citigroup.

MercadoLibre Inc. (NASDAQ: MELI) was raised to Buy from Hold and the price target was raised to $800 from $575 (versus a $597.79 close) at HSBC. The consensus target price was $676.06.

Murphy Oil Corp. (NYSE: MUR) was started with an Overweight rating and assigned a $24 target price (versus a $19.38 close) at KeyBanc Capital Markets.

Newmont Goldcorp Corp. (NYSE: NEM) was raised to Sector Perform from Underperform with a $45 target price (versus a $38.66 close, after a 1.7% drop) at RBC Capital Markets. The prior consensus target price was $45.86, and the 52-week trading range is $29.06 to $41.23.

Nutanix Inc. (NASDAQ: NTNX) was raised to Positive from Negative and the price target was launched to $45 from $23 (versus a $23.96 close) at Susquehanna. Shares were indicated up 6% at $25.40, and the prior consensus target price was $33.72.

Pure Storage Inc. (NYSE: PSTG) was raised to Positive from Neutral and the price target was raised to $25 from $16 (versus a $17.11 close) at Susquehanna. Shares were indicated up 4% at $17.85, and the prior consensus target price was $19.10.

Roku Inc. (NASDAQ: ROKU) was maintained as Hold at SunTrust Robinson Humphrey, but the firm raised its target price to $160 from $63 in the catch-up call. Roku closed up 1.7% at $169.86, and its prior consensus target price was $123.20.

Schlumberger Ltd. (NYSE: SLB) was reiterated as Neutral and its target price was lowered to $34 from $41 (versus a $34.20 close) at JPMorgan.

Simply Good Foods Co. (NASDAQ: SMPL) was started with an Outperform rating and assigned a $35 target price (versus a $29.89 close) at Wells Fargo. The consensus target price was $29.00.

Spirit Airlines Inc. (NYSE: SAVE) closed down 0.7% at $37.06 on Friday and was indicated down 2.2% at $36.22 on Monday after disclosing a $25 million hit from Hurricane Dorian. Buckingham Research downgraded it to Neutral and cut the target price to $41 from $69. Cowen maintained its Outperform rating but lowered its target to $51 from $60.

Zoetis Inc. (NYSE: ZTS) was started with a Buy rating and was added to the Conviction Buy list with a $145 target price (versus a $128.43 close) at Goldman Sachs.

Friday’s top analyst upgrades and downgrades included AGCO, American Airlines, Bank of America, Beyond Meat, Ciena, DocuSign, Domo, Eloxx Pharmaceuticals, HCA Healthcare, Lululemon Athletica, Zoom Video and many more.

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