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Top Analyst Upgrades and Downgrades: Airbnb, Amex, Arch Capital, Carlyle, Darden, Facebook, Eli Lilly, Nio and More

DraftKings Inc. (NASDAQ: DKNG) was started with a Sell rating and a $41 price objective at Berenger. The consensus target for the company is posted at $60.61. Friday’s last trade came in at $53.70.

Eli Lilly and Co. (NYSE: LLY) was upgraded to Buy from Neutral at Mizuho, which also lifted the price target for the pharmaceutical giant to $222. The consensus target is a much lower $185.88. The stock was last seen on Friday at $190.77. Shares traded 3% higher in the premarket.

Emerson Electric Co. (NYSE: EMR) was raised at Goldman Sachs from Neutral to Buy with a $97 price target. The consensus target for the industrial leader is $84.25, and the shares ended Friday’s trading at $82.75.

Equinix Inc. (NASDAQ: EQIX) was upgraded to Strong Buy from Outperform at Raymond James, which also boosted the price target for the data center giant to $835. That compares with a higher $844.50 consensus target and Friday’s $707.76 closing print.

Facebook Inc. (NASDAQ: FB) was raised to Outperform from Market Perform at BMO Capital Markets. The analysts also raised the price target on the social media colossus to $325. The consensus target is $321.96. Friday’s last trade was recorded at $251.36.

Gilead Sciences Inc. (NASDAQ: GILD) was raised at Morgan Stanley from Equal Weight to Overweight with an $83 price target. The posted consensus target is $72.22. The last trade on Friday came in at $63.33.

J.B. Hunt Transport Services Inc. (NYSE: JBHT) was upgraded at Credit Suisse to Outperform from Neutral. The analyst also lifted the price target on the trucking leader to $175. The consensus target is $146.81, and the last trade Friday came in at $151.51.

Nio Ltd. (NYSE: NIO) was started with a Hold rating and a $60 target at Jefferies. The consensus target for the up-and-coming electric vehicle maker is $50.28. Friday, the stock closed at $56.27, down almost 8% on the day. Shares were trading almost 4% higher in premarket action.

Post Holdings Inc. (NYSE: POST) was named as the Zacks Bear of the Day stock. The firm said that the maker of Honey Bunches of Oats is facing tough competition in a crowded market. Shares last closed at $98.82 and have a consensus price target of $110.33.

Rocket Companies Inc. (NYSE: RKT) was downgraded to Underweight from Overweight at JPMorgan, which has a $20 price target for the mortgage giant. The consensus target is up at $24.70. The shares were last seen on Friday at $19.60.

Southern Co. (NYSE: SO) was raised at BofA Securities from Neutral to Buy with a $64 price target. The consensus target for the utility company is $63.47, and the last trade to hit the tape Friday was at $59.66.

Total S.E. (NYSE: TOT) was downgraded from Outperform to Market Perform with a $48 price target at Cowen. The consensus for the French integrated oil giant is $51.94. The stock closed trading on Friday at $44.23, down almost 4% on the day. Shares were higher in premarket action.

Tower Semiconductor Ltd. (NASDAQ: TSEM) was upgraded to Outperform from Neutral at Credit Suisse, which boosted the price target to $37.50. That compares with a lower $30.61 consensus and Friday’s closing print of $28.45.


While many analysts are suggesting broad sector rotation, a new research report from the Jefferies internet team suggests staying with mega-cap leaders for 2021.

The most recent top analyst upgrades and downgrades included Airbnb, Discovery, DoorDash, Hewlett Packard Enterprise, Intel, Snap and Spotify.