Inovio Pharmaceuticals Inc. (NASDAQ: INO) was reiterated as Buy and its price target was raised to $17 from $13 at H.C. Wainwright. The stock was indicated up over 6% at $14.62 after announcing promising MERS data that could set the stage for a potential COVID-19 vaccine.
Juniper Networks Inc. (NYSE: JNPR) was raised to Buy from Neutral with a $28 price target (versus a $23.94 close) at Goldman Sachs. The prior consensus price target was $22.99. Needham reiterated its Buy rating and raised its price target to $27 from $24.
Lululemon Athletica Inc. (NASDAQ: LULU) was started with a Buy rating and a $260 price target at BTIG. Shares closed down 1% at $224.47, with a $228.90 consensus price target.
Model N Inc. (NYSE: MODN) was started with a Buy rating at SunTrust. Shares closed up 1.67% at $26.85 ahead of the call, with a $32.29 consensus price target.
Nike Inc. (NYSE: NKE) was started with a Buy rating and a $108 price target at BTIG. Nike closed down 0.6% at $88.80, with a $93.69 consensus price target.
PVH Corp. (NYSE: PVH) was named as the Zacks Bear of the Day stock. The firm said that apparel retail is one of the toughest businesses in 2020. Shares last closed at $50.62 and have a consensus price target of $51.63.
RealPage Inc. (NASDAQ: RP) was downgraded to Neutral from Buy with a $66 price target at D.A. Davidson.
Rockwell Automation Inc. (NYSE: ROK) was downgraded to Sell from Neutral but the price target was raised to $173 from $155 at Rosenblatt.
Roku Inc. (NASDAQ: ROKU) was started with a Buy rating and a $153 price target at Benchmark. Shares closed down 7.2% at $119.36 ahead of the call, with a $126.90 prior consensus price target.
Starbucks Corp. (NASDAQ: SBUX) was up 1.2% at $78.69 ahead of earnings and traded down 1.6% at $77.40 afterward. Morgan Stanley maintained it as Equal Weight but raised its price target to $76 from $70. Wedbush maintained its Neutral rating but raised its price target to $75 from $71. KeyBanc Capital Markets reiterated its Overweight rating and raised its price target to $82 from $80.
Turtle Beach Corp. (NASDAQ: HEAR) was downgraded to Neutral from Outperform at Wedbush.
Tyson Foods Inc. (NYSE: TSN) was downgraded to Neutral from Overweight and its price target was lowered to $66 from $100 at Piper Sandler.
Under Armour Inc. (NYSE: UAA) was started with a Sell rating and a $5 price target (versus a $10.83 close) at BTIG. The stock was indicated up over 2% on Wednesday, with a $12.29 consensus price target.
Walmart Inc. (NYSE: WMT) was downgraded to Accumulate from Buy at Gordon Haskett.
Tuesday’s top analyst upgrades and downgrades included AT&T, Cognex, Johnson & Johnson, Keurig Dr Pepper, PayPal, Roku, Shopify, Square, Valero Energy, Walt Disney and more.
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