Lemonade Inc. (NYSE: LMND) was down over 5% at $77.97 on Friday, and it was indicated down another 3% at $75.35 on Monday as its quiet period ended. Morgan Stanley and Barclays each started it as Equal Weight, and JMP Securities started it as Outperform with a $105 price target.
Morgan Stanley (NYSE: MS) was reiterated as Buy and its target was raised to $58 from $56 (versus a $50.18 close) at Citigroup. Morgan Stanley had a $58.02 consensus target price.
Northern Dynasty Minerals Ltd. (NYSEARCA: NAK) was reiterated as Buy and its price target was raised to $2.75 from $2.25 (versus a $1.94 close, after a 13% drop) at H.C. Wainwright.
NXP Semiconductors N.V. (NASDAQ: NXPI) was reiterated as Strong Buy and its target price was raised to $140 from $125 at Needham.
Oshkosh Corp. (NYSE: OSK) was started as Outperform with an $85 target price (versus a $78.65 close) at Raymond James.
Procter & Gamble Co. (NYSE: PG) was reiterated as Buy and its target price was raised to $138 from $133 at Deutsche Bank.
PulteGroup Inc. (NYSE: PHM) was raised to Overweight from Equal Weight with a $49 target price at Wells Fargo.
Regency Centers Corp. (NYSE: REG) was downgraded to Hold from Buy at Deutsche Bank.
Retail Properties of America Inc. (NYSE: RPAI) was downgraded to Hold from Buy at Deutsche Bank.
Schlumberger Ltd. (NYSE: SLB) was raised to Buy from Neutral and its target price was raised to $26 from $20 (versus a $19.48 close) at Citigroup. Schlumberger had a $21.54 consensus price target.
Southwest Airlines Co. (NYSE: LUV) was reiterated as Strong Buy but its price target was cut to $42 from $45 (versus a $31.66 close) at Raymond James. Citigroup maintained its Neutral rating but cut its target to $36 from $38.
Teradyne Inc. (NASDAQ: TER) was reiterated as Buy and its target was raised to $89 from $72 (versus an $83.53 close) at Citigroup.
Verizon Communications Inc. (NYSE: VZ) was reiterated as Outperform and its target price was raised to $64 from $61 at Raymond James.
See five stocks with the most upside from the Goldman Sachs Conviction Buy List.
Friday’s top analyst upgrades and downgrades included AGNC Investment, Annaly Capital Management, Arbutus Biopharma, Blackstone, Chevron, Enphase Energy, Exxon Mobil, General Motors, Intel, Tesla, Skyworks Solutions and more.