Pioneer Natural Resources Co. (NYSE: PXD) was downgraded to Neutral from Overweight at JPMorgan, which maintained a $177 price target on the Permian Basin energy leader. The consensus target is up at $190.47, and Monday’s closing price of $152.18 came after a pullback of almost 7% after the company announced yet another large shale deal.
Snap Inc. (NYSE: SNAP) was raised to Overweight from Neutral at Atlantic Equities, which has a $75 target for the popular social media stock. The consensus target is $74.03, but the stock closed Monday at $54.11.
Trade Desk Inc. (NYSE: TTD) was started with an Outperform rating and a $770 price target at Evercore ISI. The consensus target for the digital media leader is up at $848.06. The last trade on Monday came in at $653.18.
Vishay Intertechnology Inc. (NYSE: VSH) was raised to Buy from Hold at Loop Capital, which has a $30 price target. The consensus price objective is $23.40, and the stock closed Monday at $25.51.
Wynn Resorts Ltd. (NASDAQ: WYNN) was raised at Argus from Hold to Buy with a $160 price target. The consensus target is $119.92, and the final trade on Monday was at $131.07.
Yandex N.V. (NASDAQ: YNDX) was started with a Buy rating and an $81 price target at New Street. The consensus price objective is $75.26, and the shares closed Monday at $64.74.
Yelp Inc. (NYSE: YELP) was downgraded to In Line from Outperform at Evercore ISI, which has a $41 price target. The consensus target is $38.27. The last trade to hit the tape Monday was reported at $42.04. As it is trading near the 52-week high, this could be a valuation call.
Zillow Group Inc. (NASDAQ: ZG) was started with an Outperform rating and a $179 price target at Evercore ISI. The consensus target for the online digital real estate giant is higher at $205.36. The final trade for Monday was reported at $137.21.
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Monday’s early top analyst upgrades and downgrades included AMC Entertainment, Caesars Entertainment, Ford, Harley-Davidson, JetBlue Airways, Microsoft, Palo Alto Networks, Spotify and Tesla. Analyst calls seen later in the day were on Charles Schwab, Chesapeake Energy, Citigroup and more.
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