Top Analyst Upgrades and Downgrades: Array Technologies, Baidu, Credit Suisse, Facebook, Franklin Resources, Twitter, ViacomCBS and More

Otis Worldwide Corp. (NYSE: OTIS) was raised from Reduce to Hold with a $65 price target at HSBC Securities. The consensus target is up at $73, and the stock closed on Friday at $69.04.

Ovintiv Inc. (NYSE: OVV) was upgraded to Buy from Neutral at Goldman Sachs, which raised the price target to $29. The consensus target is $25.30, and the last trade for Friday was recorded at $24.25.

PTC Therapeutics Inc. (NASDAQ: PTCT) was raised from Underperform to Sector Perform with a $47 price target at RBC Capital Markets. The consensus target is higher at $61.30, and the shares ended trading on Friday at $49.21.

Twitter Inc. (NYSE: TWTR) was upgraded to Buy from Hold at Truist Securities, and the firm raised the price target on the social media giant to $74 from $64. The consensus target is $69.40 and Friday’s closing price was $61.26 a share.

ViacomCBS Inc. (NASDAQ: VIAC) was raised from Sell to Hold with a $48 price target at Loop Capital, and BMO Capital Markets upgraded it from Underperform to Market Perform with a $70 price target. Those compare with the $56.54 consensus target and Friday’s closing print of $48.23 per share.

The massive potential for the total addressable market for online sports betting is more than enough reason for investors with a solid risk appetite to add the stocks to portfolios. Plus, they are offering the best entry points since late last year.

Friday’s early top analyst upgrades and downgrades included Altria, AMC Networks, Crown Castle, Etsy, FedEx, Lyft, Nike, Nikola and WW. Analyst calls seen later in the day were on CSX, Guess, Snowflake, Zoom Video and more.

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