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Top Analysts Downgrades and Upgrades: ADT, Chevron, Camping World, Costco, DR Horton, GE, Nio, Occidental Petroleum and More

Camping World Holdings Inc. (NYSE: CWH) was upgraded to Outperform from Market Perform at BMO Capital Markets. The firm also raised the price target to $50 from $35. The consensus target is $41.50. The stock was last seen at $37.95, up over 3% on Wednesday, and shares were an additional 4% higher in Thursday’s premarket.

Cerence Inc. (NASDAQ: CRNC) was raised from Hold to Buy with a $117 price target at Berenberg. The consensus target is higher at $128.80. Wednesday’s last trade was reported at $101.67, after almost a 7% rise for the day.

Chevron Corp. (NYSE: CVX) was raised from Hold to Buy with a $124 target price at DZ Bank. The consensus target for the energy behemoth is $111.41. The stock closed on Wednesday at $111.37 a share.

Costco Wholesale Corp. (NASDAQ: COST) was upgraded to Overweight from Equal Weight at Wells Fargo, which also raised the price target to $370 from $340. The consensus target is $377.53. The stock closed on Wednesday at $323.83 a share.

D.R. Horton Inc. (NYSE: DHI) was raised at JPMorgan from Neutral to Overweight with a $105 price target. The consensus target for the homebuilder is just $95.47 and the last trade for Wednesday was reported at $82.09, almost 3% higher for the day. Shares were up another 2% in the premarket.

General Electric Co. (NYSE: GE) was downgraded to Perform from Outperform at Oppenheimer. The industrial giant’s stock has traded in a 52-week range of $5.48 to $14.42 and has a $12.90 consensus price objective. Wednesday’s close was at $13.25, after a pullback of almost 6% for the day.


Knight-Swift Transportation Holdings Inc. (NYSE: KNX) was downgraded to Neutral from Buy at UBS, though it raised the price target to $49. The consensus target is $51.59. Shares closed Wednesday trading at $44.56 apiece.

MercadoLibre Inc. (NASDAQ: MELI) was raised from Neutral to Buy with a $1,720 price target at BTIG Research. That compares with the higher $1,926.72 consensus target and Wednesday’s final print of $1,435.57.

Nio Ltd. (NYSE: NIO) was started with a Buy rating and a $60 price target at Mizuho. The consensus target for the electric vehicle company is $57.46. Wednesday’s last trade was posted at $41.32.

Noodles & Co. (NASDAQ: NDLS) was upgraded to Overweight from Neutral at Piper Sandler, where the price target was raised to $14. The consensus target is $12.40. The stock closed at $10.97 on Wednesday. Shares were up almost 13% in premarket trading.