Investing

Top Analyst Upgrades and Downgrades: Apple, BioNTech, Intel, Microsoft, Nio, Oracle, Peloton, Salesforce, Williams-Sonoma and More

Nautilus Inc. (NYSE: NLS) was reiterated as Buy and its price target was raised to $28 from $18 (versus a $21.43 close) at Truist Securities.

New York Times Co. (NYSE: NYT) was started with an Overweight rating and a $55 price target (versus a $43.35 close) at Morgan Stanley. The stock had a $46.67 consensus target price ahead of the call.

Nio Ltd. (NYSE: NIO) was raised to Overweight from Neutral and it was given a $40 price target (versus a $21.62 close) at JPMorgan. The stock was indicated up 9.5% at $23.65 on Wednesday, and it had a $17.11 prior consensus target price.

Oracle Inc. (NYSE: ORCL) was started with a Neutral rating at UBS.

Peloton Interactive Inc. (NASDAQ: PTON) was reiterated as Buy and its price target was raised to $144 from $115 (versus a $130.97 close) at Truist.

Ryman Hospitality Properties Inc. (NYSE: RHP) was named as the Zacks Bear of the Day stock. The firm said that it might be too soon to buy hotel REITs. Shares last closed at $40.82 and have a consensus price target of $40.00.

Salesforce.com Inc. (NYSE: CRM) was started with a Buy rating and a $325 target price (versus a $266.83 close) at UBS. It had a $273.23 consensus target price.

Scientific Games Corp. (NASDAQ: SGMS) was reiterated as Buy and its price target was raised to $45 from $30 (versus a $34.25 close) at Truist.

ServiceNow Inc. (NYSE: NOW) was started with a Buy rating and a $600 price target at UBS. Shares closed up 1.8% at $518.30 ahead of the call, and the previous consensus target price was $482.41.

Southern Copper Corp. (NYSE: SCCO) was downgraded to Underperform from Market Perform at BBVA.

Splunk Inc. (NASDAQ: SPLK) was downgraded to Sell from Buy and its price target was cut to $165 from $242 (versus a $215.83 close) at UBS.

Sunnova Energy International Inc. (NYSE: NOVA) was reiterated as Market Outperform but its price target was raised to $55 from $43 (versus a $28.44 close) at JMP Securities. It had a $32.73 consensus target price ahead of the call.

Veeva Systems Inc. (NYSE: VEEV) was started with a Sell rating and a $225 target price (versus a $308.55 close) at UBS. The shares had a $303.75 consensus target price.

VMware Inc. (NYSE: VMW) was started with a Neutral rating at UBS.

Williams-Sonoma Inc. (NYSE: WSM) was named as the Bull of the Day at Zacks, which said that home remains hot and this retailer just raised its dividend 10%. Shares most recently closed at $105.76 but have a consensus price target of just $94.19.

Workday Inc. (NASDAQ: WDAY) was started with a Neutral rating at UBS.


Five large-cap health care stocks are favored among the top fund managers.

Six unpopular but well-known turnaround stocks are scoring big analyst upgrades ahead of earnings.

Tuesday’s top analyst upgrades and downgrades included American Airlines, Beyond Meat, Cimarex, Cloudflare, CSX, Exxon, Micron, NetApp and Unity Software.

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