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Top Analyst Upgrades and Downgrades: Alibaba, BlackRock, Devon, Domino's, DraftKings, Duke, Enphase, Snowflake, Valero, Zillow and More

Goodyear Tire & Rubber Co. (NYSE: GT) was raised to Buy from Neutral at Northcoast Research.

L3Harris Technologies Inc. (NYSE: LHX) was raised to Buy from Neutral at UBS.

Meritage Homes Corp. (NYSE: MTH) was named as the Bull of the Day at Zacks, which ponders whether this is a golden era for the homebuilders. Shares most recently closed at $110.39 and have a consensus price target of $118.43.

Pan American Silver Corp. (NASDAQ: PAAS) was raised to Buy from Hold at Deutsche Bank.

Papa John’s International Inc. (NASDAQ: PZZA) was started with an Overweight rating and a $94 target price (versus an $82.28 close) at KeyBanc Capital markets.

SailPoint Technologies Holdings Inc. (NYSE: SAIL) was raised to Overweight from Equal Weight with a $50 target price (versus a $39.57 close) at Morgan Stanley.

Selecta Biosciences Inc. (NASDAQ: SELB) was downgraded to Market Perform from Outperform at William Blair. Mizuho also downgraded the shares, from Buy to Neutral. The stock traded down over 40% at $1.45 after the company said it missed its primary endpoint in a gout study.

Snowflake Inc. (NYSE: SNOW) was started with a Hold rating and a $250 price target (versus a $251.00 close) at Jefferies.

Textron Inc. (NYSE: TXT) was downgraded to Market Perform from Outperform at Cowen.

Valero Energy Corp. (NYSE: VLO) was downgraded to Sell from Neutral and its target price was cut to $37 from $48 (versus a $43.32 close) at Goldman Sachs.

Wanda Sports Group Co. Ltd. (NASDAQ: WSG) was downgraded to Neutral from Buy and its target price was cut to $2.50 from $5.50 (versus $2.32 prior close) at Citigroup.

Workday Inc. (NASDAQ: WDAY) was raised to Buy from Neutral and its price target was raised to $265 from $218 (versus a $215.13 close) at Citigroup.

Zillow Group Inc. (NASDAQ: ZG) was reiterated as Buy and its price target was raised to $115 from $108 (versus a $101.54 close) at Truist Securities. The stock closed up 0.1% at $101.54 a share ahead of the call and was indicated up another 1% at $102.55 on Thursday morning. The consensus price target was $91.80 ahead of the call.


As the COVID-19 pandemic changes the health care landscape, three real estate investment trusts appear to have limited downside and huge distribution yields.

Wednesday’s top analyst upgrades and downgrades included Delta Air Lines, Hasbro, Illumina, Lululemon Athletica, Micron Technologies, Nike, Penn National, Shopify, Southwest Airlines, Starbucks and Zynga.