Top Analyst Upgrades and Downgrades: Box, iRobot, Kimberly-Clark, Match, Oracle, Pinterest, Seattle Genetics, Texas Instruments and More
Maxim Integrated Products Inc. (NASDAQ: MXIM) was downgraded to Underperform from Neutral at Merrill Lynch That stock has traded in a 52-week range of $46.64 to $65.73, and the posted consensus price target is $61.63. The last trade on Thursday came in at $58.36.
Old Dominion Freight Line Inc. (NYSE: ODFL) was downgraded to Underperform from Neutral and the price target was moved to $166 at Merrill Lynch. The consensus price target is $159.83. The shares closed Thursday above both levels at $174.52.
Oracle Corp. (NASDAQ: ORCL) saw its price target raised to $62 at BMO Capital Markets. That compares with a consensus price target of $56.55. The software giant’s shares closed Thursday at $53.96.
Pinterest Inc. (NYSE: PINS) was started with a Market Perform rating and a $34 price target at Well Fargo. That target is just above the consensus estimate of $33.14. Shares closed most recently at $27.38.
REV Group Inc. (NASDAQ: REVG) was downgraded to Market Perform from Outperform and the price target lowered to $11 at BMO Capital Markets. The consensus target is $10.44, and the stock was last seen trading at $10.98.
Seattle Genetics Inc. (NASDAQ: SGEN) was raised to a Buy rating from Neutral at Goldman Sachs, which also raised the price target on the biotech leader to $100. The consensus target is posted at $80.43. The stock closed Thursday at $72.63 a share.
Texas Instruments Inc. (NYSE: TXN) was raised to Buy from Neutral at Merrill Lynch, which put a $150 price target on the old-school chip giant. That compares to the consensus price target of $129.19. The shares ended Thursday right below that level at $128.11.
Textron Inc. (NYSE: TXT) was downgraded to Hold from Buy at Vertical Research. The shares have traded between $42.30 and $72.59 over the past 52 weeks, and the consensus price target is $60.69. The stock ended Thursday’s trading at $50.38 a share.
Western Union Co. (NYSE: WU) was raised to a Buy rating from Neutral at Guggenheim, and the analysts have a $27 price target on the shares. The posted consensus price target is $20.35, and the stock closed most recently at $22.44.
Thursday’s top analyst upgrades and downgrades included AbbVie, Boston Beer, Carvana, HD Supply, Marathon Petroleum, Square, Trade Desk, Whirlpool and many more.