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Top Analyst Upgrades and Downgrades: Alkermes, Amazon, Citigroup, eBay, Fastly, Groupon, Lyft, Netflix, ONEOK, Roku, Uber, Zoom Video and More

Levi Strauss & Co. (NYSE: LEVI) was named as the Bull of the Day at Zacks, which said that the iconic denim brand is seeing a resurgence in demand, and management is optimistic about the near term. Shares closed most recently at $15.51 and have a consensus price target of $19.40.

Lyft Inc. (NASDAQ: LYFT) was maintained as Equal Weight and its price target was cut to $31 from $34 at Morgan Stanley.

Netflix Inc. (NASDAQ: NFLX) closed down 2.3% at $541.45 a share on Wednesday, but it keeps seeing analysts raise expectations ahead of earnings next week. KeyBanc Capital Markets joined in on the upgrades by reiterating its Overweight rating and raising the price target to $634 from $590.

Nucor Corp. (NYSE: NUE) was downgraded to Neutral from Outperform at BNP Paribas.

ONEOK Inc. (NYSE: OKE) was downgraded to Sell from Neutral at Goldman Sachs.

Pinterest Inc. (NYSE: PINS) was reiterated as Overweight and its price target was raised to $47 from $44 at Morgan Stanley.

Roku Inc. (NASDAQ: ROKU) was downgraded to Sector Weight from Overweight at KeyBanc Capital Markets, with the valuation downgrade coming after running up almost 40% over the past month and with many positive aspects already price into the shares at this time.

SLM Corp. (NYSE: SLM) was reiterated as Outperform and its price target was raised to $10 from $8.50 (versus a $9.17 prior close) at Wedbush Securities.

Twitter Inc. (NYSE: TWTR) was maintained as Equal Weight and its price target was raised to $39 from $35 at Morgan Stanley.

Uber Technologies Inc. (NYSE: UBER) was maintained as Equal Weight and its price target was lowered to $45 from $46 at Morgan Stanley.

UnitedHealth Group Inc. (NYSE: UNH) was reiterated as Strong Buy and its price target was raised to $355 from $350 at Raymond James. The shares closed down almost 3% at $321.85 after earnings on Wednesday, and the consensus target price was $357.84.

Vail Resorts Inc. (NYSE: MTN) was named as the Zacks Bear of the Day stock. The firm said that this luxury ski resort operator is still struggling amid the coronavirus pandemic. Shares last closed at $237.72 but have a consensus price target of $232.56.

Vertex Pharmaceuticals Inc. (NASDAQ: VRTX) was indicated down over 11% at $240.00 on Thursday after the company discontinued its VX-814/AAT program based on safety/PK. Truist Securities maintained its Buy rating but cut its target price to $305 from $330. SVB Leerink maintained its Market Perform rating and cut its target from $283 to $267.

Zoom Video Communications Inc. (NASDAQ: ZM) updated its longer term targets slightly higher, but the shares were indicated down 1.5% at $501.38 with the market weakness. Wells Fargo maintained it as Equal Weight but raised its price target to $365 from $375, and Rosenblatt reiterated its Neutral rating and raised its target to $450 from $350.

Wednesday’s top analyst upgrades and downgrades included Apple, BioNTech, Intel, Microsoft, Nio, Oracle, Peloton Interactive, Salesforce.com and Williams-Sonoma.

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