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Top Analyst Upgrades and Downgrades: Apple, BP, CrowdStrike, Delta, Moody's, NuStar, PPL, Salesforce, Slack, Wells Fargo and More

Moody’s Corp. (NYSE: MCO) was started with a Hold rating at Deutsche Bank.

Mr. Cooper Group Inc. (NASDAQ: COOP) was reiterated as Outperform and its price target was raised to $34.00 from $27.50 (versus a $27.02 close) at Wedbush Securities. It had a $29.50 consensus target price.

Noble Midstream Partners L.P. (NASDAQ: NBLX) was raised to Overweight from Equal Weight with a $12 price target (versus a $9.71 close) at Wells Fargo. The stock had a $9.00 consensus target price and close to a 7.5% yield-equivalent distribution.

NuStar Energy L.P. (NYSE: NS) was raised to Overweight from Equal Weight with a $16 price target at Wells Fargo. The stock closed down almost 1% at $14.03 a share ahead of the call, with a $16.00 consensus analyst target. It has close to an 11% yield-equivalent distribution.

PPL Corp. (NYSE: PPL) was downgraded to Neutral from Buy at BofA Securities.

Proofpoint Inc. (NASDAQ: PFPT) was raised to Buy from Hold with a $135 price target (versus a $101.44 close) at Truist Securities.

Rockwell Automation Inc. (NYSE: ROK) was downgraded to Equal Weight from Overweight at Barclays.

Salesforce.com Inc. (NYSE: CRM) was maintained as Buy at Truist Securities, with the firm noting that it hopes Salesforce does not acquire Slack.

Slack Technologies Inc. (NYSE: WORK) was downgraded to Equal Weight from Overweight at Barclays. The shares were down 2% at $39.83 on Monday as no acquisition by Salesforce has been announced. The stock was closer to $29.50 a share before the rumors of a deal broke last week.

Southwest Airlines Co. (NYSE: LUV) was downgraded to Outperform from Strong Buy at Raymond James.

United Airlines Holdings Inc. (NYSE: UAL) was raised to Outperform from Market Perform at Raymond James.

U.S. Bancorp (NYSE: USB) was raised to Overweight from Equal Weight and its price target was raised to $52 from $42 at Stephens. The stock closed down 1% at $44.21 a share ahead of the call, and it has a $45.47 consensus target price.

Vertex Pharmaceuticals Inc. (NASDAQ: VRTX) was raised to Outperform from Sector Perform with a $267 price target at RBC Capital Markets. The stock closed up almost 4% at $226.71 last Friday, and it had a $287.64 consensus target price.

Wells Fargo & Co. (NYSE: WFC) was raised to Sector Perform from Underperform with a $31 price target at RBC Capital Markets.

Zscaler Inc. (NASDAQ: ZS) was reiterated as Strong Buy and its price target was raised to $180 from $165 at Needham. Shares closed up 1.9% at $149.74 apiece, and they had a $152.39 consensus target price ahead of this call.


A BofA Securities analyst has some sensible option overwriting ideas for stocks he feels can generate solid total return for investors in the next three weeks.

Recent top analyst upgrades and downgrades included Analog Devices, Apple, Best Buy, Dell Technologies, Dollar Tree, Ford, General Electric, General Motors, HP, Medtronic and Zscaler.

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