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Top Analyst Upgrades and Downgrades: Adobe, BP, FedEx, GameStop, Gilead, Kroger, MGM, Micron, Nvidia and More

Jazz Pharmaceuticals PLC (NASDAQ: JAZZ) was downgraded to Sell from Neutral with a $128 target price (versus a $136.80 close) at Goldman Sachs.

Kroger Co. (NYSE: KR) was downgraded to Neutral from Buy with a $40 price objective at BofA Securities. The stock closed down 1% at $34.37 per share on Friday, after earnings last week, and its consensus target price was $36.47.

Kimco Realty Corp. (NYSE: KIM) was raised from Equal Weight to Overweight with a $14.50 price target (versus an $11.66 close) at Morgan Stanley.

MGM Resorts International (NYSE: MGM) was downgraded to Sell from Neutral with a $20 target price at Goldman Sachs. Shares closed at $22.73 apiece on Friday and have a $19.15 consensus target price.

Micron Technology Inc. (NASDAQ: MU) was raised to Buy from Neutral with a $58 price target (versus a $46.09 close) at Goldman Sachs. It had a $63.71 per share consensus target price.

Murphy Oil Corp. (NYSE: MUR) was raised to Buy from Neutral with a $14 target price (versus a $10.03 close) at MKM Partners.

Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) was named as the Zacks Bear of the Day stock. The firm suggests that, in terms of sales and profit damage, cruise lines may be the worst casualty of the global pandemic shutdown. Shares last closed at $17.51 and have a consensus price target of just $16.96.

Nvidia Corp. (NASDAQ: NVDA) was reiterated as a Buy rating with a $680 price target at Jefferies. Shares last closed at $486.58, in a 52-week range of $169.32 to $589.07. The consensus price target is $543.35.

Pentair PLC (NYSE: PNR) was upgraded to Buy from Neutral and its target was raised to $51 from $44 (versus a $43.71 close) at Citigroup. It had a $47.25 consensus target price.

Total S.E. (NYSE: TOT) was downgraded to Neutral from Outperform at Credit Suisse. Shares most recently closed at $38.49 and have a 52-week range of $22.13 to $56.91. The consensus price target is $51.33.

Tradeweb Markets Inc. (NASDAQ: TW) was raised to Buy from Neutral with a $60 price target (versus a $53.19 close) at Rosenblatt.

World Wrestling Entertainment Inc. (NYSE: WWE) was raised from Sell to Hold with a $42 price target at Loop Capital. The stock closed down 2.5% at $41.40 a share on Friday, and its consensus target price was $51.43.


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Friday’s top analyst upgrades and downgrades included Adobe, Advanced Micro Devices, Corning, Domino’s Pizza, Lennar, Lululemon Athletica, Oracle, Peloton Interactive, SunPower, Tesla and Wells Fargo.

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