Top Analyst Upgrades and Downgrades: Adobe, HubSpot, NXP Semiconductors, Splunk, Textron, TJX, VMWare, Wingstop and More

U.S. Bancorp (NYSE: USB) was raised at JPMorgan from Neutral to Overweight with a $60 price target. The consensus price objective for the bank is $58.31, and the last Wednesday trade hit the tape at $56.81.

Viper Energy Partner (NASDAQ: VNOM) was upgraded to Overweight from Neutral at Piper Sandler, which raised the price target to $17. The consensus target is higher at $18.17, and Wednesday’s final trade was recorded at $14.64.

VMware Inc. (NYSE: VMW) was resumed in coverage at BofA Securities with a Buy rating and a $175 price target. That compares with a $167.86 consensus target and Wednesday’s final trade of $153.57.

Wingstop Inc. (NASDAQ: WING) was started with a Sector Perform rating and a $140 price target at RBC Capital Markets. The consensus target is $159.82, and the close on Wednesday was at $137.56 a share.

Winnebago Industries Inc. (NYSE: WGO) was named as the Bull of the Day at Zacks, which said that the RV giant increased market share during the pandemic, and it doesn’t see that changing any time soon. Shares most recently closed at $79.82 and have a consensus price target of $86.36.

WisdomTree Investments Inc. (NASDAQ: WETF) was upgraded to Equal Weight from Underweight at Morgan Stanley, which raised the price target on the exchange-traded fund provider to $6.75. The consensus target was last seen at $6.14, and the stock closed most recently at $6.61.

The five stocks that the top hedge funds are shorting the most are some of the top companies in their respective sectors and look like great ideas for aggressive growth traders, especially if they can deliver solid first-quarter results with positive guidance.

See which analyst has named Applied Materials a top pick and which one sees huge benefits for Tesla in the Biden infrastructure plan.

Wednesday’s early top analyst upgrades and downgrades included AbbVie, Alcoa, Anheuser Busch, Applied Materials, CyberArk, Fox, Merck, Paychex, ViacomCBS and Waste Management. Analyst calls seen later in the day were on Abercrombie & Fitch, Pfizer, Teva Pharmaceutical and more.

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