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Top Analyst Upgrades and Downgrades: Alexion, Allscripts, Alphabet, Amazon, Apple, Baidu, Comcast, EA, Ford, Facebook and More

DuPont de Nemours Inc. (NYSE: DD) was reiterated as Overweight and its target price was raised to $75 from $69 at KeyBanc Capital Markets. DuPont closed down 2.6% at $53.76 on Thursday, with a $61.90 consensus target price.

Dunkin’ Brands Group Inc. (NASDAQ: DNKN) was raised to Overweight from Neutral and assigned a $76 target price at JPMorgan. Shares closed down 4.2% at $68.65 ahead of the call, with a $69.35 consensus target price.

Electronic Arts Inc. (NASDAQ: EA) was up almost 2% at $138.59 ahead of earnings but was last seen up about 1.8% more at $141.05 after beating earnings and revenue expectations. SunTrust reiterated its Buy rating with a $153 price target. KeyBanc Capital Markets raised EA to Overweight from Sector Weight and set a $165 target price.

Facebook Inc. (NASDAQ: FB) saw its shares rise more than 6% to $249.15 in Thursday’s post-earnings action, and its all-time high was $250.15, with a $257.35 prior consensus target price. SunTrust reiterated its Buy rating and raised its price target to $285. Morgan Stanley reiterated its Overweight rating and raised its target to $285 from $270.

Ford Motor Co. (NYSE: F) closed down 2.6% at $6.74 ahead of earnings but was taking back those losses with a 2.8% gain to $6.94 after earnings and guidance still shows ample liquidity even if the coronavirus cases pick back up. RBC Capital Markets maintained Ford as Sector Perform but raised its target to $8.00 from $6.50.

Generac Holdings Inc. (NYSE: GNRC) was raised to Buy from Hold and its price target was raised to $200 from $113 at Canaccord Genuity. Shares closed up 5.8% at $147.84 on Thursday and were indicated up 2.8% at $152.00.

On NovoCure Ltd. (NASDAQ: NVCR), SunTrust reiterated its Buy rating and raised its price target to $93 from $90.

Scotts Miracle-Gro Co. (NYSE: SMG) was named as the Bull of the Day at Zacks, which said that a solid beat and raise says something is blooming about this company. Shares most recently closed at $157.25 and have a consensus price target of $167.75.

Seattle Genetics Inc. (NASDAQ: SGEN) was reiterated as Outperform at SVB Leerink, but the firm raised its target to $173 from $167 (versus a $171.14 close). H.C. Wainwright reiterated its Buy rating and raised its target to $200 from $175.

Shake Shack Inc. (NYSE: SHAK) was up 0.7% at $55.22 ahead of earnings but was last seen down 5% at $52.55 after missing expectations. Wedbush reiterated its Neutral rating and raised its price target to $53 from $50.

Legalized marijuana for recreational use is on the ballot in November in more U.S. states. While the industry has burned many investors, some on Wall Street think that with the current economic woes from the COVID-19 pandemic could help drive passage for the needed tax revenues. One firm has three stocks to buy and a look at the states that will be voting.

Eight stocks scored on earnings from Thursday had at least five analysts raise targets handily for more upside ahead. Some had more than 10 raised target prices.

Thursday’s top analyst upgrades and downgrades included Annaly Capital Management, Boeing, Cognizant Technology Solutions, Costco Wholesale, General Electric, PayPal, Qualcomm, Rio Tinto, Shopify, Six Flags, Spotify and more.