Investing

Top Analyst Upgrades and Downgrades: AMD, Cloudflare, Dell, Lending Tree, Netflix, Tractor Supply, Twilio, Under Armour and More

J.B. Hunt Transport Services Inc. (NYSE: JBHT) was upgraded to Hold from Sell the price target raised to $140 at Deutsche Bank. The posted consensus target is $113.63. The stock was last seen trading at $132.55 per share.

Lending Tree Inc. (NASDAQ: TREE) saw its target price raised to $375 from $275 at Needham after the company pre-announced very good second-quarter results Thursday. The last trade on Thursday was posted at $317.68, and the shares were up almost 5% in the premarket.

Netflix Inc. (NASDAQ: NFLX) saw its target price lowered at BofA Securities to $575 from $625, and Goldman Sachs lowered its price objective on the entertainment giant to $600 from $670. Credit Suisse downgraded the shares to Neutral from Outperform and dropped the price target to $525. Most of Wall Street adjusted target prices after the company reported mixed earnings Thursday after the close. While the shares closed at $527.39, the stock was trading down over 8% in premarket action.

Performance Food Group Co. (NASDAQ: PFGC) was started with a Buy rating and a $35 price objective at BTIG Research. The consensus target is $36.83. The last trade Thursday hit the tape at $27.39.

ShotSpotter Inc. (NASDAQ: SSTI) was resumed in coverage at B. Riley FBR with a Buy rating and a $30 price target. The consensus target is $31.86, and shares closed Thursday at $22.86.

Synovus Financial Corp. (NYSE: SNV) was downgraded to Underperform from Sector Perform at RBC Capital Markets, which also lowered the price target to $16. The stock ended Thursday at $19.74 a share.

Tractor Supply Co. (NASDAQ: TSCO) saw its target raised at Telsey Advisory Group to $155 from $140, though the analyst reiterated its Outperform rating. The stock closed at $142.25.

Twilio Inc. (NYSE: TWLO) saw Cowen raise its $230 target price to a Wall Street high of $260. The consensus target is $209.81. The shares closed Thursday at $222.38.

Under Armour Inc. (NYSE: UAA) was named as the Zacks Bear of the Day stock. The firm said that this stock has been on a broader downward trend since 2015. Shares last closed at $10.36 and have a consensus price target of $9.27.

United Natural Foods Inc. (NASDAQ: UNFI) was started with a Neutral rating at BTIG Research. The stock closed at $19.43 on Thursday.

Welbilt Inc. (NYSE: WBT) was downgraded to Neutral from Buy at Citigroup, which has an $8 price objective. That compares to the consensus of $9 and a Thursday closing price of $6.65.

In addition, Goldman Sachs has three top aerospace and defense stocks to buy ahead of earnings. And check out eight coronavirus stocks that may have much more upside ahead and seven unpopular value stocks poised to surge.

And UBS has 10 Trump election victory stock picks and 10 Biden election victory stock picks.

Thursday’s top analyst upgrades and downgrades included Cisco Systems, Dell Technologies, Dollar Tree, Hubspot, Jabil, Kraft Heinz, Novavax, Peloton Interactive, Shopify, Walt Disney and more.

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