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Top Analyst Upgrades and Downgrades: Amgen, Boeing, eBay, Etsy, Fastly, Fiverr, Ford, GE, Gilead, Pinterest, Six Flags and More

Fastly Inc. (NYSE: FSLY) was down 4% at $71.43 on Wednesday ahead of earnings, and the stock was indicated to open up 1.3% at $72.40 a share on Thursday. BofA Securities reiterated the stock as Underperform and lowered its price objective to $75 from $90.

Fiverr International Ltd. (NYSE: FVRR) was up 7.7% at $160.08 per share after earnings on Wednesday. Needham reiterated it as Buy and raised its price target to $180 from $155.

Ford Motor Co. (NYSE: F) was down 2.8% at $7.70 a share ahead of earnings but it was indicated up 2.6% at $7.91 after beating expectations. BofA Securities reiterated its Buy rating and raised its price objective to $10.50 from $9.00.

General Electric Co. (NYSE: GE) managed to close up 4.6% at $7.43 after earnings on Wednesday, despite the sell-off. Morgan Stanley reiterated GE as Overweight and raised its price target to $8.50 from $8.00.

Gilead Sciences Inc. (NASDAQ: GILD) closed down 2.15% at $58.72 ahead of earnings and the stock was indicated down 0.8% at $58.25 on Thursday morning. SVB Leerink maintained its Outperform rating but cut its target price was to $79 from $88.

NXP Semiconductors N.V. (NASDAQ: NXPI) was named as the Bull of the Day at Zacks, which said the fourth industrial revolution is upon us, and well-positioned chipmakers like this one are poised to explode. The shares most recently closed at $129.77 and have a consensus price target of $155.40.

Pinterest Inc. (NYSE: PINS) was down 6.2% at $49.25 a share ahead of earnings, but the beat-and-raise quarter was strong enough that its stock was indicated up almost 32% at $64.30 after the report. Wedbush reiterated it as Outperform and raised its price target to $74 from $58. BofA Securities reiterated its Buy rating and raised its price target to $72 from $58, and MKM Partners raised the stock to Buy from Neutral with a $66 price target. JPMorgan also raised its rating, to Overweight from Neutral with a $75 price target, and Morgan Stanley reiterated its Overweight rating and raised its target price to $73 from $47.

Six Flags Entertainment Corp. (NYSE: SIX) was named as the Zacks Bear of the Day stock. The firm said that the anticipated second pandemic wave is finally hitting and investors in this stock are reeling. Shares last closed at $20.03, and they have a consensus price target of $22.45.

Teladoc Health Inc. (NYSE: TDOC) was up 1.7% at $226.94 ahead of earnings and was last seen down almost 3% at $220.00 after the report. SVB Leerink reiterated it as Outperform and raised its price target to $256 from $246. KeyBanc Capital Markets reiterated its Overweight rating and lifted its price target from $240 to $245.

Goldman Sachs sees a rotation into the industrial sector in the coming year and has four top stock picks in the sector in the wake of their solid third-quarter reports.

Wednesday’s top analyst upgrades and downgrades included Advanced Micro Devices, Caterpillar, Corning, DexCom, Enphase Energy, First Solar, Invesco, Microsoft, Pfizer, 3M and Wynn Resorts.