Investing

Top Analyst Upgrades and Downgrades: Apple, Applied Materials, BP, Bumble, Carrier, Harley-Davidson, Hess, Illumina, Johnson Controls and More

Brighthouse Financial Inc. (NYSE: BHF) was upgraded to Neutral from Sell at Citigroup, which raised the price target to $46 from $35. The consensus target is $42.40, and the last trade to hit the tape Tuesday was reported at $44.04, which was up almost 3% on the day.

Bumble Inc. (NASDAQ: BMBL) was started with a Hold rating and a $65 price target at Loop Capital. The $69.56 consensus target compares with Tuesday’s $59.40 close after almost a 5% pullback on the day.

Carrier Global Corp. (NASDAQ: CARR) was upgraded to Outperform from Sector Perform at RBC Capital Markets, which raised the price target to $51 from $43. The consensus target is $45.14 and Tuesday’s closing share price was $42.36.

Chimerix Inc. (NASDAQ: CMRX) was started with an Outperform rating and a $21 target at Wedbush. The consensus target is $13.33, and the stock closed Tuesday at $8.59

Epizyme Inc. (NASDAQ: EZPM) was started at Credit Suisse with an Outperform rating and a $13 price target. The consensus target is $19.63, and the stock was last seen Tuesday at $8.17, up almost 10%.

Essex Property Trust Inc. (NYSE: ESS) was started with an Outperform rating and a $303 price target at RBC Capital Markets. The consensus target for the real estate giant is lower at $279.42, and the stock was last seen on Tuesday at $278.12.


FibroGen Inc. (NASDAQ: FGEN) was raised at BofA Securities from Neutral to Buy with a $47 price target. The posted consensus target is $55. The stock was last seen on Tuesday at $31.11.

Harley-Davidson Inc. (NYSE: HOG) was upgraded to Outperform from Neutral at Baird, which raised the price target on the venerable motorcycle company to $45 from $38. The consensus target is $37.38, and the stock ended Tuesday trading at $37.53, which was up almost 3% for the day.

Hess Corp. (NYSE: HES) was upgraded to Buy from Neutral at Mizuho, which raised the price target on the oil giant to $94 from $76. The consensus target is just $76. The stock closed at $71.04 on Tuesday.

IDEX Corp. (NYSE: IEC) was started at Morgan Stanley with an Overweight rating and a $230 price target. The consensus target is $211.75, and Tuesday’s last trade was at $210.46.