Immunovant Inc. (NASDAQ: IMVT) was reiterated as Buy and its price target was raised to $36 from $24 (versus a $26.49 close) at SunTrust Robinson Humphrey.
KAR Auction Services Inc. (NYSE: KAR) was reiterated as Buy and its price target was raised to $20 from $15 (versus a $15.66 close) at SunTrust, which noted that its top-line and profitability activity levels are rebounding faster than expected as it has planned to cut costs.
Lennar Corp. (NYSE: LEN) was reiterated as Overweight and its price target was raised to $70 from $63 (versus a $63.94 close) at Barclays.
Lowe’s Companies Inc. (NYSE: LOW) was reiterated as Buy and its price target was raised to $156 from $149 (versus a $131.74 close) at Stifel. It had a $138.60 consensus target price.
Mastercard Inc. (NYSE: MA) was reiterated as Buy and the price target was raised to $344 from $317 (versus a $304.48 close) at Citigroup. Mastercard had a $320.53 consensus price target.
Momenta Pharmaceuticals Inc. (NASDAQ: MNTA) was reiterated as Buy and its price target was raised to $57 from $50 (versus a $36.47 close) at SunTrust.
Newmont Corp. (NYSE: NEM) was reiterated as Buy and its target was raised to $74 from $70 at Deutsche Bank. Shares closed down over 1.5% at $55.95 on Tuesday and had a $73.33 consensus price target.
Nikola Corp. (NASDAQ: NKLA) was started with an Outperform rating and a $79 price target (versus a $62.93 close) at Cowen. The post-SPAC trading range has been $10.27 to $93.99, and its market cap is listed as $22.7 billion.
Oracle Corp. (NYSE: ORCL) closed at $54.59 ahead of earnings. Wedbush reiterated its Neutral rating and its $54 price target, and Stifel reiterated its Hold rating and raised its target to $48 from $44. Citigroup reiterated its Neutral rating but raised its target to $54 from $45.
Pan American Silver Corp. (NASDAQ: PAAS) was reiterated as Buy and its price target was raised to $28.00 from $24.50 (versus a $26.44 close) at Deutsche Bank.
Valero Energy Corp. (NYSE: VLO) was downgraded to Neutral from Buy at Goldman Sachs. Shares closed up 4% at $66.16, with a $73.82 consensus target price.
Visa Inc. (NYSE: V) was reiterated as Buy and the price target was raised to $223 from $205 (versus a $192.88 close) at Citigroup. Visa had a $207.40 consensus price target.
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Tuesday’s top analyst upgrades and downgrades included Advanced Micro Devices, Alcoa, Apple, Broadwind, Cogent Communications, Intel, Micron Technology, Netflix, Nvidia, Qualcomm, Square, Zscaler and more.