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Top Analyst Upgrades and Downgrades: AMD, Amgen, Dropbox, EOG, Gilead, J&J, Microsoft, Newmont, Starbucks, Valero and More

LivePerson Inc. (NASDAQ: LPSN) was reiterated as Overweight and its price target was raised to $49 from $31 (versus a $38.19 close) at Barclays. It was up almost 2% premarket on Monday, and it had a $42.62 consensus target price.

Marvell Technology Group Ltd. (NASDAQ: MRVL) was reiterated as Overweight and its target price was raised to $40 from $35 (versus a $36.52 close) at Barclays. It had a $35.91 consensus target price.

Microsoft Corp. (NASDAQ: MSFT) was reiterated as Overweight and its target price was raised to $234 from $205 (versus a $202.88 close) at Barclays. Microsoft’s consensus target price was $212.03.

Moderna Inc. (NASDAQ: MRNA) was downgraded to Neutral from Overweight and its target price was raised to $89 from $60 (versus a $94.85 close) at JPMorgan. Shares closed up almost 16% at $94.85 on Friday but were indicated down almost 4% at $91.50 on Monday.

Newmont Corp. (NYSE: NEM) was maintained as Equal Weight but its target price was raised to $61 from $58 (versus a $62.92 close) at Barclays.

New Relic Inc. (NYSE: NEWR) was maintained as Underweight but its target price was raised to $56 from $42 (versus a $65.28 close) at Barclays.

Noble Energy Inc. (NASDAQ: NBL) was reiterated as Overweight and its target price was raised to $13 from $11 (versus a $9.65 close) at Barclays.

Parsley Energy Inc. (NYSE: PE) was raised to Strong Buy from Outperform and its target price was raised to $16 from $12 (versus a $10.51 close) at Raymond James.

Phillips 66 Partners L.P. (NYSE: PSXP) was raised to Buy from Hold and its target price was cut to $36 from $43 (versus a $30.51 close) at Jefferies.

Pioneer Natural Resources Co. (NYSE: PXD) was raised to Strong Buy from Outperform and its target price was raised to $130 from $105 (versus a $96.52 close) at Raymond James. It had a $117.08 consensus target price.

Starbucks Corp. (NASDAQ: SBUX) was started as Overweight with a $92 target price (versus a $74.16 close) at Wells Fargo. Starbucks had a $79.88 consensus target price, and its 52-week trading range is $50.02 to $99.72.

Valero Energy Corp. (NYSE: VLO) was raised to Buy from Hold but its target price was lowered to $62 from $65 (versus a $55.47 close) at Jefferies. It had a $73.17 consensus target price.

Weibo Corp. (NASDAQ: WB) was named as the Zacks Bear of the Day stock. The firm said that this stock has the lowest Zacks rank thanks to lower earnings estimate revisions. Shares last closed at $35.36 and have a consensus price target of $42.08.

Zynex Inc. (NASDAQ: ZYXI) was started with an Overweight rating and a $30 target price (versus a $21.42 close) at Piper Sandler.

Friday’s top analyst upgrades and downgrades included Advanced Micro Devices, Cloudflare, Dell Technologies, Lending Tree, Netflix, Tractor Supply, Twilio, Under Armour and more.