SunPower Corp. (NASDAQ: SPWR) was downgraded to Underperform from Neutral at Credit Suisse, which has a $23 price target for the solar giant. That compares with the consensus target of $30.89. The stock closed on Friday at $37.76, up almost 4% for the day, but the shares retreated almost 5% in Monday’s premarket trading. The company reported solid earnings but gave some disappointing forward guidance.
Southern Co. (NYSE: SO) was upgraded to Outperform from Neutral at Credit Suisse, which raised the price target on the utility giant to $68. The consensus target is $63.33. The shares closed Friday at $59.31.
Southwest Airlines Inc. (NYSE: LUV) was raised at Deutsche Bank from Hold to Buy with a $64 price target. The consensus target for the leading low-cost carrier is $56.26. The stock closed Friday at $52.81.
Tapestry Inc. (NYSE: TPR) was upgraded to Outperform from Neutral at Credit Suisse, which raised the price target to $50. That compares with a $42.75 consensus target and Friday’s close at $39.46.
Tradeweb Markets Inc. (NASDAQ: TW) was upgraded to Buy from Neutral at Goldman Sachs, which raised the price target to $85. The consensus target is just $69.21, and the stock closed on Friday at $69.30.
U.S. Cellular Corp. (NYSE: USM) was downgraded to Neutral from Overweight at JPMorgan. The firm also lowered the price target to $35. The consensus target is up at $41.20. The stock was last seen on Friday at $31.68, down close to 4% on the day.
VMware Inc. (NYSE: VMW) was named as the Zacks Bear of the Day stock. The firm said that the 2021 numbers have slipped a little bit but the valuation on this stock still looks good. Shares last closed at $144.68 and have a consensus price target of $170.50.
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Four Jefferies growth stock picks for more aggressive investors all have significant catalysts to drive growth the rest of 2021 and beyond. Two of them are red-hot companies cashing in on sports betting that could be huge long-term winners.
This week’s most anticipated earnings reports include those from Airbnb, DraftKings, Home Depot and Moderna.
The analyst calls made last week included eight top tech stocks to buy now.
Friday’s early top analyst upgrades and downgrades included Applied Materials, Beyond Meat, Clorox, KB Home, Kraft Heinz, NetApp, Roku and Under Armour. Analyst calls seen later in the day were on Crocs, Macy’s and more.
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