Investing

Top Analyst Upgrades and Downgrades: Best Buy, Chipotle, Exxon, GameStop, Match, Plug Power, Qualcomm, Tesla and More

Plug Power Inc. (NASDAQ: PLUG): Morgan Stanley downgraded it from Overweight to Equal Weight with a $35 price target. The consensus price objective is up at $59.03. Friday’s last trade came in at $32.30.

Qualcomm Inc. (NASDAQ: QCOM): The Evercore ISI downgrade to In Line from Outperform included lowering the price target on the chip leader to $150. The consensus target is $171.71, and Friday’s final trade was recorded at $140.57.

Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM): Atlantic Equities started coverage with a Neutral rating and a $130 price target. The consensus target is $134.46, and the last trade Friday was reported at $122.80

Tesla Inc. (NASDAQ: TSLA): Canaccord Genuity raised the electric vehicle leader to Buy from Hold, and the firm has a massive $1,071 price target. The consensus target is just $630.23. The final Friday trade hit the tape at $677.02.

U.S. Bancorp (NYSE: USB): BofA Securities not only upgraded the regional bank leader to Neutral from Underperform but also raised the price target to $62. The consensus target is $59.63. The stock closed at $57.29 on Friday.

Westlake Chemical Corp. (NYSE: WLK): KeyBanc Capital Markets raised it from Sector Weight to Overweight with a $124 price target. The consensus price objective is $91.94, and the shares were last seen on Friday trading at $89.45.


Four top money center bank stocks look very attractive and make sense for growth stock investors looking for a dividend kicker to add the potential for solid 2021 total return. Meanwhile, Goldman Sachs sees winners and losers in the U.S. steel industry.

Friday’s early top analyst upgrades and downgrades included ADS, Ally Financial, Carnival, Charter Communications, General Dynamics, Honeywell, MDC and Philip Morris International. Analyst calls seen later in the day were on Credit Suisse, Delta, Lockheed Martin, Raytheon and more.