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Top Analyst Upgrades and Downgrades: Booking, Bristol-Myers, Cloudflare, FedEx, JetBlue, Nvidia, Pepsi, Square, Zscaler and More

Spirit Airlines Inc. (NYSE: SAVE): Susquehanna raised the stock to Positive from Neutral with a $50 price target. The consensus target is $34.30, and the stock closed Monday at $36.01, down almost 4% on the day.

Square Inc. (NYSE: SQ): Needham raised the price target to $310 from $300, following several recent developments, such as the start of limited banking services. The consensus target is lower at $267.86, and the stock was last seen Monday at $265.20.

Stamps.com Inc. (NASDAQ: STMP): Zacks named this as the Bull of the Day. The firm said that packages have been flying in and out of doors like it was Christmas every day this past year, and Stamps.com had its best year in the history of the company. Shares most recently closed at $207.61 and have a consensus price target all the way up at $345.75.

Urban Outfitters Inc. (NASDAQ: URBN): Telsey Advisory Group raised the price target on the retail favorite to $45 from $40 but maintained an Outperform rating. The consensus target is $36.47, and the stock closed Monday at $38.15.

Virgin Galactic Holdings Inc. (NASDAQ: SPCE): Wolfe Research started the stock with a Market Perform rating and a $27 price target. The consensus target is much higher at $38.33, and the last trade Monday came in at $26.77, down almost 9% on the day.

Zscaler Inc. (NYSE: ZS): Mizuho started the shares with a Buy rating and a $217 price target. That compares with the higher $238.61 consensus target and Monday’s 188.38 closing print.

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Monday’s early top analyst upgrades and downgrades included Best Buy, Chipotle Mexican Grill, Exxon Mobil, GameStop, Match, Plug Power, Qualcomm and Tesla. Analyst calls seen later in the day were on AstraZeneca, Bumble, McDonald’s, Microsoft and more.

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