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Top Analyst Upgrades and Downgrades: BioNTech, FedEx, First Solar, Micron, MP Materials, Nio, Occidental, Salesforce, Schwab, Square, Zoom Video and More

Nio Ltd. (NYSE: NIO) closed down 6.4% at $50.53 on Monday, and it has a $31.85 consensus target price. Goldman Sachs raised it from Sell to Neutral with a $59 price target.

Northern Trust Corp. (NASDAQ: NTRS) was downgraded to Underweight from Neutral at JPMorgan.

Occidental Petroleum Corp. (NYSE: OXY) was downgraded to Sell from Neutral at UBS, but the firm raised its target price to $12 from $10. Shares closed down 4.8% at $15.76 on Monday, with a $12.82 consensus target price.

Salesforce.com Inc. (NYSE: CRM) was maintained as Outperform with a $300 price target (versus a $245.80 prior close) at Wedbush Securities. The firm views the deal as being offensive and defensive at the same time.

Southern Co. (NYSE: SO) was raised to Overweight from Equal Weight with a $72 price target (versus a $59.85 prior close) at Wells Fargo.

Southern Copper Corp. (NYSE: SCCO) was downgraded to Reduce from Hold with a $48.50 price target at HSBC. The stock closed down 2.4% at $59.37 a share ahead of the call, and it has a $45.50 consensus target price.

Southwestern Energy Co. (NYSE: SWN) was downgraded to Sell from Neutral at UBS. It closed down 4.3% at $3.11 a share on Monday, and it has a $3.56 consensus analyst target.

Square Inc. (NYSE: SQ) was reiterated as Buy and its target was raised to $250 from $230 at Needham. The stock closed down 0.7% at $210.96 a share on Monday, and it has a $187.91 consensus target price.

Trade Desk Inc. (NASDAQ: TTD) was maintained as Neutral but its price target was raised to $730 from $40 at Rosenblatt. Shares closed up 3.2% at $901.07 ahead of the call, and they have a $691.11 consensus target price.

TripAdvisor Inc. (NASDAQ: TRIP) was started with an Outperform rating and a $35 price target at Bernstein.

Vail Resorts Inc. (NYSE: MTN) was downgraded to Market Perform from Outperform at William Blair.

Verisk Analytics Inc. (NASDAQ: VRSK) was raised to Buy from Hold with a $225 price target (versus a $198.31 prior close) at Truist Securities.

Zoom Video Communications Inc. (NASDAQ: ZM) was up 1.4% at $478.36 a share ahead of earnings, and it traded down 6.4% at $447.55 on Tuesday’s post-earnings reaction. Rosenblatt maintained its Neutral rating and cut the price target to $435 from $450.


Five well-known stocks from the Raymond James Analysts Current Favorites list look like very good ideas for growth investors looking to reset portfolios for the coming year.

Monday’s top analyst upgrades and downgrades included Apple, BP, CrowdStrike, Delta Air Lines, Moody’s, NuStar Energy, PPL, Salesforce.com, Slack Technologies and Wells Fargo.