Investing

Top Analyst Upgrades and Downgrades: AMD, Alcoa, Biomarin, Coca-Cola, Ford, GM, Intel, Kinder Morgan, Micron, Nvidia, Tesla, Twitter, Zillow and More

Ford Motor Co. (NYSE: F) was maintained as Neutral but its target price was cut to $5 from $9 at Citigroup. UBS downgraded Ford from Buy to Neutral.

General Motors Co. (NYSE: GM) was maintained as Buy at Citigroup. GM closed down 3% at $17.60 ahead of the call.

Goodyear Tire & Rubber Co. (NASDAQ: GT) was maintained as Neutral and its target price was lowered to $7 from $11 at Citigroup. It closed down over 7% at $5.27 ahead of the call.

Intel Corp. (NASDAQ: INTC) was raised to Neutral from Sell but its target price was cut to $54 from $55 at Goldman Sachs. Intel previously closed up 8% at $49.58, with a $63.98 consensus target price.

Kinder Morgan Inc. (NYSE: KMI) was raised to Overweight from Equal Weight with a $16 target price (versus an $11.03 close) at Barclays.

MarketAxess Holdings Inc. (NASDAQ: MKTX) was raised to Neutral from Sell at Goldman Sachs.

Micron Technology Inc. (NASDAQ: MU) was maintained as Overweight but its target price was cut to $48 from $63 (versus a $38.25 close) at KeyBanc Capital Markets.

MPLX L.P. (NYSE: MPLX) was raised to Overweight from Equal Weight with a $21 target price (versus an $11.19 close) at Barclays.

Nucor Corp. (NYSE: NUE) was maintained as Overweight but the target price was to $43 from $60 at KeyBanc Capital Markets.

Nvidia Corp. (NASDAQ: NVDA) was maintained as Outperform with a $311 target price (versus a $212.69 close) and was added to the Best Ideas List at Wedbush. Needham raised it to Buy from Hold with a $270 target price.

Reliance Steel & Aluminum Co. (NYSE: RS) was maintained as Overweight but the target price was cut to $88 from $121 at KeyBanc Capital Markets.

Sunoco L.P. (NYSE: SUN) was raised to Overweight from Equal Weight with a $19 target price (versus a $13.22 close) at Barclays.

Teladoc Health Inc. (NYSE: TDOC) was maintained as Buy and its target price was raised to $192 from $142 (versus a $167.44 close) at Deutsche Bank.

Tesla Inc. (NASDAQ: TSLA) was reiterated as Sell and its target price was cut to $246 from $312 at Citigroup. Tesla closed up 1.6% at $434.29 ahead of the call.

Twitter Inc. (NYSE: TWTR) was maintained as Neutral and the target price was cut to $30.00 from $36.50 at Wedbush after Twitter withdrew its guidance.

Virgin Galactic Holdings Inc. (NYSE: SPCE) was raised to Overweight from Equal Weight at Morgan Stanley, but the firm cut its target price to $24 from $30 (versus a $12.97 close).

Wingstop Inc. (NASDAQ: WING) was reiterated as Outperform and was added to the Best Ideas List at Wedbush, but the firm did lower its target price to $85 from $110. Shares closed at $62.76 ahead of the call.

Xilinx Inc. (NASDAQ: XLNX) was raised to Buy from Neutral but its target price was cut to $92 from $100 at Goldman Sachs. The stock previously closed at $72.00, with a $97.95 consensus target price.

Zillow Group Inc. (NASDAQ: ZG) was last seen up almost 19% at $36.00, after closing up over 13% at $30.06. Benchmark maintained its Buy rating but lowered its target price to $57 from $75.

Monday’s top analyst upgrades and downgrades included AbbVie, AES, AT&T, Boeing, Carnival, CME, Coca-Cola, Comcast, Honeywell, Lululemon Athletica, Netflix, Shopify, Starbucks, Twitter and many more.