Microsoft Corp. (NASDAQ: MSFT) was named as the Bull of the Day at Zacks, which said that it has become the largest publicly traded company in the United States because of its best-in-class management team. Its shares most recently closed at $185.35, with a consensus price target of $194.19.
Moody’s Corp. (NYSE: MCO) was reiterated as Buy and its target price was raised to $325 from $245 at Argus. The stock closed up 1.8% at $277.83, with a $272.10 consensus target price, ahead of the call.
Nvidia Corp. (NASDAQ: NVDA) was reiterated as Buy and the target price was raised to $325 from $245 (versus a $289.79 close) at Argus. Shares closed up 7% at $289.79 ahead of this call in Friday’s strong post-earnings reaction. The stock was indicated down 1.1% at $286.50 on Tuesday, and its consensus target was $295.09.
PBF Energy Inc. (NYSE: PBF) was downgraded to Sell from Neutral and the target price was cut to $28 from $32 (versus a $29.07 close) at Goldman Sachs. It had a $39.86 consensus target price ahead of the call, and it was indicated down over 3% at $28.15 ahead of Tuesday’s opening bell.
PPL Corp. (NYSE: PPL) was reiterated as Buy at SunTrust Robinson Humphrey, with the firm noting that its shares remain undervalued and that strategic alternatives may be the key to unlocking shareholder value.
Salesforce.com Inc. (NYSE: CRM) was reiterated as Outperform and its target price was raised to $210 from $195 (versus a $189.95 close) at Cowen. Its shares were indicated down less than 0.25% on Tuesday morning.
Seattle Genetics Inc. (NASDAQ: SGEN) was downgraded to Equal Weight from Overweight at Barclays.
Service Corp. International (NYSE: SCI) was reiterated as Outperform and the target price was raised to $54 from $52 (versus a $49.96 close) at Credit Suisse.
Southern Copper Corp. (NYSE: SCCO) was downgraded to Underweight from Equal Weight and its target price was lowered to $32 from $35 at Morgan Stanley. The stock closed down 0.5% at $39.26 a share on Friday and was indicated down another 2.2% at $38.40 ahead of Tuesday’s open.
Tailored Brands Inc. (NYSE: TLRD) was named as the Zacks Bear of the Day stock. The firm said that the retail apocalypse has claimed another dying brick-and-mortar group. Shares last closed at $3.94 and have a consensus price target of $6.30.
Tesla Inc. (NASDAQ: TSLA) was maintained as Underweight at Morgan Stanley, but the firm raised its target price to $500 from $360 in the call. Bernstein maintained its Market Perform rating but raised its target to $730 from $325. Tesla shares closed down 0.5% at $800.03 on Friday and were indicated to open up over 5% higher at $844.00 on Tuesday morning after the electric carmaker said it has boosted the mileage range on the Model S and Model X cars.
Teva Pharmaceutical Industries Ltd. (NYSE: TEVA) was reiterated as Buy at Argus, and the independent research firm raised its target price to $15 from $10. Shares closed down almost 3% at $12.22 on Friday and were indicated down less than 1% on Tuesday.
Viela Bio Inc. (NASDAQ: VIE) was started as Buy and a $60 target price at H.C. Wainwright. The stock closed down 1% at $37.51 ahead of this call, with a $40.67 consensus target price.
Yandex N.V. (NASDAQ: YNDX) was downgraded to Equal Weight from Overweight at Morgan Stanley. It closed down 4.2% at $46.57 a share on Friday and was indicated down another 1.2% at $46.00 ahead of Tuesday’s open.
If the potential for huge upside in a biotech play sounds enticing, SunTrust has three top picks rated Buy with gigantic upside to the firm’s designated price targets.
Friday’s top analyst upgrades and downgrades included Alkermes, Aurora Cannabis, BlackRock, Duke Energy, Nvidia, Ralph Lauren, SunPower, Veeva Systems, Yelp and many more.