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Top Analyst Upgrades and Downgrades: Best Buy, CarMax, Elanco, GM, Home Depot, ICE, JD.com, McDonald's, P&G, Vonage, Voya and More

iTeos Therapeutics Inc. (NASDAQ: ITOS) was started as Outperform with a $45 price target (versus a $32.92 close) at Wedbush. SVB Leerink started it as Outperform and assigned a $36 target price.

JD.com Inc. (NASDAQ: JD) was reiterated as Buy and its price target was raised to $85 from $73 (versus a $66.98 close, after a 7.9% gain) at Goldman Sachs. Jefferies reiterated its Buy rating and raised its price target to $78 from $73. BofA Securities reiterated it as Buy and raised its price objective to $79 from $70. Shares had a $68.69 consensus target price.

McDonald’s Corp. (NYSE: MCD) was reiterated as Overweight and its price target was raised to $225 from $215 (versus a $208.67 close) at KeyBanc Capital Markets. McDonald’s had a $213.37 consensus target price.

MetLife Inc. (NYSE: MET) was reiterated as Buy and with a $45 price target (versus a $38.88 close) at Argus.

Mid-America Apartment Communities Inc. (NYSE: MAA) was reiterated as Hold and the price target was raised to $122 from $119 (versus a $114.86 close) at Truist Securities. It had a $125.23 prior consensus target price.

Nabors Industries Ltd. (NYSE: NBR) was downgraded to Sell from Neutral with a $35 price target (versus a $46.45 close) at Citigroup.

Penn National Gaming Inc. (NASDAQ: PENN) was reiterated as Buy and its price target was raised to $62 from $50 (versus a $53.37 close) at Truist.

Procter & Gamble Co. (NYSE: PG) was reiterated as Buy and its price objective was raised to $149 from $145 (versus a $135.50 close) at BofA Securities. It had a $137.85 consensus target price.

RH (NYSE: RH), the parent of Restoration Hardware, was reiterated as Buy and its price objective was raised to $352 from $285 (versus a $314/57 close) at BofA Securities.

Quidel Corp. (NASDAQ: QDEL) was named as the Bull of the Day at Zacks, which said that multiple FDA approvals for new 15-minute COVID-19 antigen tests have estimates and shares rising sharply. Shares most recently closed at $247.24 and have a consensus price target of $264.75.

Unity Biotechnology Inc. (NASDAQ: UBX) was downgraded to Neutral from Buy at Mizuho.

Vonage Holdings Corp. (NASDAQ: VG) was downgraded to Equal Weight from Overweight with a $13 price target (versus an $11.77 close) at Morgan Stanley. It had a $14.14 consensus target price.

Voya Financial Inc. (NYSE: VOYA) was started with an Overweight rating and a $62 price target (versus a $51.22 close) at Wells Fargo.

The BofA Securities analysts on the US 1 team have added a medical technology leader as a top stock to Buy, with several others still looking solid in health care.

Monday’s top analyst upgrades and downgrades included Alibaba, Applied Materials, Baidu, BP, Brinker, Chevron, Marriott, Nvidia, Teladoc, Tesla and Yelp.