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Wednesday's Top Analyst Upgrades and Downgrades: Akamai, Carlyle, Ford, GM, JD.com, Moderna, Netflix, Peloton, Raytheon, Target, Tesla, Visa and More

JD.com Inc. (NASDAQ: JD) was raised to Overweight from Equal Weight with a $51 price target (versus a $43.86 close) at Morgan Stanley.

Johnson & Johnson (NYSE: JNJ) was reiterated as Outperform and its price target was raised to $157 from $153 (versus a $146.03 close) at Raymond James.

LendingTree Inc. (NASDAQ: TREE) was raised to Buy from Hold but the price target was lowered to $250 at SunTrust Robinson Humphrey, while Needham maintained its Buy rating but cut its price target to $220. Shares closed up 4.5% at $198.72 ahead of lowering its expectations.

Marvell Technology Group Ltd. (NASDAQ: MRVL) was maintained as Buy and its price target was cut to $28 from $29 (versus a $25.53 close) at Needham.

Mastercard Inc. (NYSE: MA) was downgraded to Hold from Buy and the price target was cut to $275 from $290 at Jefferies. Mastercard stock closed up 2.8% at $270.72 ahead of the call, with a $306.83 consensus target price, but it was indicated down almost 3% at $270.72 on Wednesday morning.

Moderna Inc. (NASDAQ: MRNA) was reiterated as Outperform and its price target was raised to $43 from $31 (versus a $34.66 close) at Oppenheimer.

Netflix Inc. (NASDAQ: NFLX) was reiterated as Buy and its price target was raised to $490 from $425 at Pivotal Research. This is a new street-high target, after the stock closed up over 4% at $413.55.

Peloton Interactive Inc. (NASDAQ: PTON) was started with a Buy rating and a $38 price target (versus a $31.88 close) at Roth Capital.

Raytheon Technologies Corp. (NYSE: RTX) was reinstated as Buy with a $76 price target (versus a $65.07 close) at Goldman Sachs.

RealReal Inc. (NASDAQ: REAL) was maintained as Buy but the price target was cut to $13 from $15 (versus a $7.99 close) at Nomura/Instinet. KeyBanc Capital Markets maintained it as Overweight but lowered its price target to $20 from $31.

Target Corp. (NYSE: TGT)) was raised to Outperform from Market Perform and its price target was raised to $125 from $115 at BMO Capital Markets. Target stock closed up 3.5% at $108.38 on Tuesday, with a $123.97 consensus price target.

Teladoc Health Inc. (NYSE: TDOC) was maintained as Hold but the price target was raised to $144 from $118 at SunTrust Robinson Humphrey. KeyBanc Capital Markets reiterated it as Overweight and raised its price target to $180 from $145.

Tesla Inc. (NASDAQ: TSLA) was started with a Buy rating and an $864 price target at Goldman Sachs. Tesla stock closed up 9% at $709.89 on Tuesday, and the shares were indicated up over 5% at $750.00 on Wednesday.

Visa Inc. (NYSE: V) was downgraded to Hold from Buy and the price target was cut to $180 from $190 at Jefferies. Visa stock closed up 3.3% at $174.62 ahead of the call, with a $199.06 consensus target price, but it was indicated down 3% at $169.50 on Wednesday morning.

Tuesday’s top analyst upgrades and downgrades included AIG, Atlassian, Chubb, Deere, Hecla Mining, ITT, Netflix, Roku, Splunk, Square, Tesla, Workday and many more.