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Top Analyst Upgrades and Downgrades: Carnival, Dow, Goldman Sachs, Micron, Netflix, Oracle, Snap, Spotify, Twitter and More

Goldman Sachs Group Inc. (NYSE: GS) was downgraded to Neutral from Buy at UBS, though the analyst raised the price target on the financial and Wall Street leader to $340 from $320. The consensus target is $352.69, and the stock ended trading on Wednesday at $327.

ICON PLC (NASDAQ: ICLR) was upgraded to Overweight from Equal Weight at Wells Fargo, which raised the price target to $235 from $200. The consensus target is $224.15, and the stock ended Wednesday’s trading session at $196.37.

Insulet Corp. (NASDAQ: PODD) was upgraded to Outperform from Market Perform at SVB Leerink, which raised the price target to $320 from $275. The consensus target is much lower at $282.19. The last trade for Wednesday came in at $260.92. Shares were up over 10% in Thursday’s premarket.

Intuitive Surgical Inc. (NASDAQ: ISRG) was started at Citigroup with a Buy rating and an $862 price target. The consensus target for the robotics surgery giant is $781.27. The final trade for Wednesday came in at $738.94 a share.


Micron Technology Inc. (NASDAQ: MU) saw its price target raised to $105 from $100 at Cowen. The consensus target for the memory and storage products leader is up at $110.32. The stock closed Wednesday at $88.21, and shares were up over 4% in the premarket after the company reported earnings that topped estimates.

Moody’s Corp. (NYSE: MCO) was raised from Market Perform to Outperform with a $337 price target at Raymond James. The consensus target is $323.25, and the last trade Wednesday was reported at $298.61.

Netflix Inc. (NASDAQ: NFLX) was started with an Outperform rating and a $605 price target at Piper Sandler. The consensus target for the streaming and programming leader is up at $619.43. The stock closed at $521.66 on Wednesday.

Oracle Corp. (NYSE: ORCL) was resumed in coverage at Wedbush with a Neutral rating and a $54 price target. The consensus objective for the venerable tech giant is much higher at $72.24. The shares closed Wednesday at $70.17.

Phillips 66 (NYSE: PSX) was downgraded to Neutral from Overweight at Piper Sandler, though the firm raised the price target on the energy giant to $85 from $80. The higher consensus target is $91.44, and Wednesday’s closing print was $81.54.