Molson Coors Beverage Co. (NYSE: TAP) was named as the Bull of the Day at Zacks, which said that restaurant closures across the country have not stopped this company from tapping into profits. Shares most recently closed at $33.58 and have a consensus price target of $44.16.
NXP Semiconductors N.V. (NASDAQ: NXPI) was reiterated as Overweight and the price target was raised to $140 from $130 at KeyBanc Capital Markets.
ONEOK Inc. (NYSE: OKE) was raised to Buy from Neutral at UBS. The stock closed up 4% at $26.01 on Monday, with a $33.41 consensus price target. It also has a double-digit yield because its shares are still down so much from the 52-week high of $78.48.
Pfizer Inc. (NYSE: PFE) was started with a Hold rating at Berenberg.
RH (NYSE: RH) was upgraded to Outperform from Market Perform and its target price was raised to $435 from $370 (versus a $361.06 close) at Cowen.
RingCentral Inc. (NYSE: RNG) was maintained as Equal Weight but its price target was raised to $300 from $280 (versus a $267.80 close) at Morgan Stanley.
Rocket Companies Inc. (NYSE: RKT) was reiterated as Neutral and its price target was lowered to $20 from $24 (versus a $20.52 close) at Wedbush Securities, which noted that a rebranding of its partner channel to “Rocket Pro TPO” impact its views on valuation.
Shutterstock Inc. (NYSE: SSTK) was started with a Buy rating and a $63 price objective at BofA Securities. Shares closed at $52.04 ahead of the call, with a $57.67 consensus target price.
Skywest Inc. (NASDAQ: SKYW) was named as the Zacks Bear of the Day stock. The firm said that airlines had hoped the rebound from pandemic shutdowns would be quick. Shares last closed at $31.21 and have a consensus price target of $43.57.
Square Inc. (NYSE: SQ) was raised to Outperform with a $195 price target at a firm called Wolfe Research. The stock closed up almost 2% at $160.67 on Monday, and its consensus target price was $149.12.
Sysco Corp. (NYSE: SYY) was started with an Equal Weight rating at Morgan Stanley.
Union Pacific Corp. (NYSE: UNP) was reiterated as Strong Buy and its price target was raised to $227 from $198 (versus a $199.45 close) at Raymond James.
United Parcel Service Inc. (NYSE: UPS) was reiterated as Strong Buy and its price target was raised to $195 from $165 (versus a $168.90 close) at Raymond James.
ViaSat Inc. (NASDAQ: VSAT) was maintained as Equal Weight but its target was cut to $42 from 443 (versus a $34.19 close) at Morgan Stanley.
WPX Energy Inc. (NYSE: WPX) shares rose 16% to $5.17 on Monday after news that the company was merging with Devon in a merger of equals. MKM Partners downgraded its Buy rating to Neutral with a $5 price target.
XPO Logistics Inc. (NYSE: XPO) was reiterated as Outperform and its price target was raised to $95 from $85 (versus an $86.27 close) at Raymond James.
Five top travel and tourism companies likely will be the go-to stocks in their field for a coming COVID-19 vaccine.
Monday’s top analyst upgrades and downgrades included Chevron, FedEx, Hilton Worldwide, Plug Power, Snap, Spotify, United Parcel Service and Virgin Galactic.