Hyatt Hotels Corp. (NYSE: H) was maintained as Equal Weight and the target price was lowered to $46 from $47 (versus a $50.40 close) at Morgan Stanley. Shares were down from a 52-week high of $94.98, and the consensus price target was $60.84.
Inphi Corp. (NASDAQ: IPHI) was up 2.7% at $98.97 on Thursday but was indicated up 13% at $112.50 on Friday. Needham reiterated its Buy rating and raised its price target to $122 from $100.
Insulet Corp. (NASDAQ: PODD) was reiterated as Buy and its target was raised to $250 from $205 at Citigroup, and SVB Leerink maintained its Market Perform rating but raised its target to $230 from $200. The stock closed up 4% at $215.15 and previously had a $190.06 consensus analyst target.
Motorola Solutions Inc. (NYSE: MSI) was maintained with a Buy rating but its price target was cut to $160 from $175 at Citigroup. JPMorgan downgraded it to Underweight from Neutral and cut its target to $130 from $168.
Murphy Oil Corp. (NYSE: MUR) was downgraded to Equal Weight from Overweight at Wells Fargo.
Pan American Silver Corp. (NASDAQ: PAAS) was downgraded to Hold from Buy at Canaccord Genuity.
Pioneer Natural Resources Co. (NYSE: PXD) was reiterated as Outperform and its price target was raised to $93 from $83 (versus an $87.02 close) at Imperial Capital.
PriceSmart Inc. (NASDAQ: PSMT) was downgraded to Sector Perform from Outperform at Scotia.
SpartanNash Co. (NASDAQ: SPTN) was named as the Bull of the Day at Zacks, which said that local grocery stores offer strong earnings in this pandemic. Shares most recently closed at $16.06, with a consensus price target of $17.33.
Trade Desk Inc. (NASDAQ: TTD) was up over 3% at $322.50 ahead of earnings but was indicated down almost 8% at $297.00 afterward. SunTrust Robinson Humphrey downgraded the shares to Hold from Buy, citing a lack of short-term visibility and valuation. RBC Capital Markets downgraded it to Sector Perform from Outperform but raised its price target to $300 from $225, while Needham reiterated its Buy rating and raised its price target to $370 from $250.
Vonage Holdings Corp. (NASDAQ: VG) was up 7.25 at $9.06 on Thursday and was indicated up almost 6% at $9.60 on Friday after earnings. KeyBanc Capital Markets maintained it as Overweight but lowered its price target to $12 from $16.
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Stifel analysts raised their price targets on five companies that are red-hot right now. With all posting stellar results for the quarter, they could be primed for a move even higher.
Thursday’s top analyst upgrades and downgrades included Costco Wholesale, CVS Health, Etsy, General Motors, Kohl’s, Macy’s, Peloton Interactive, Shopify, Twilio, Wynn Resorts and more.
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