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Top Analyst Upgrades and Downgrades: Beyond Meat, Charter Communications, Comerica, Equifax, Fastly, Harley-Davidson, Netflix, Splunk, Wells Fargo and More

KeyCorp (NYSE: KEY) was downgraded to Underperform from Neutral at BofA Securities, which has a $12 price target on the shares. The consensus target is $13.59, and Thursday’s last trade came in at $11.03, down almost 5% on the day.

Medical Properties Trust Inc. (NYSE: MPW) was downgraded from Buy to Hold with a $19 price target at Deutsche Bank. The consensus target is higher at $20.45. The stock closed most recently at $18.01.

Nabors Industries Ltd. (NYSE: NBR) was downgraded to Underperform from Sector Perform at Altacorp. The shares have traded in a very wide 52-week range of $9.79 to $167.50. The consensus target is $24.44. The last trade on Thursday hit the tape at $31.71.

Netflix Inc. (NASDAQ: NFLX) saw its target price raised from $540 to a Wall Street high of $670 at Goldman Sachs. The consensus target is $463.15. The last trade on Thursday was reported at $507.76. Shares traded up in premarket action.

Raytheon Technologies Inc. (NYSE: RTX) was raised to Buy from Hold at Vertical Research. The defense giant has traded in a 52-week range of $43.44 to $99.71. The consensus price target is $74.69, well above Thursday’s closing price of $58.11, after dropping almost 5% on the day.

Redfin Corp. (NASDAQ: RDFN) was downgraded from Outperform to Sector Perform with a $41 price objective at RBC Capital Markets. The consensus target is $31.609, and shares closed Thursday at $40.13, down almost 4%.

Shift4 Payments Inc. (NYSE: FOUR) was started with a Sell rating and a $35 price target at Compass Point. The consensus target is $43.38, and Thursday’s closing price was $44.83. Shares were down 4% in premarket action.

Splunk Inc. (NASDAQ: SPLK) was resumed in coverage with a Buy rating and a $243 price target at BTIG. The consensus price target is $184.63, and Thursday’s closing price was $204.85.

Wells Fargo & Co. (NYSE: WFC) was raised from Neutral to Outperform with a $35 price objective at Baird. The consensus price target is $29.93. The stock ended Thursday’s trading at $24.04 a share.

Zebra Technologies Corp. (NASDAQ: ZBRA) saw its price target raised to $295 from $250 at Needham. That compares to a consensus price target of $251. The shares were last seen trading at $262.01.

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Thursday’s top analyst upgrades and downgrades included Alibaba, Bank of America, Beyond Meat, Chipotle Mexican Grill, First Solar, Microsoft, Plug Power, Square, Tesla, Valero Energy and more.