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Top Analyst Upgrades and Downgrades: Abbott Labs, Anheuser-Busch, Coinbase, CrowdStrike, GM, Hershey, Medtronic, UPS and More
April 15, 2021 9:01 am
Last Updated: April 19, 2021 10:56 am
National Retail Properties Inc. (NYSE: NNN): Morgan Stanley upgraded the stock to Overweight from Equal Weight and raised the price target to $53 from $37. The consensus target is $46.00, and the shares closed Wednesday at $44.72.
Pioneer Natural Resources Co. (NYSE: PXD): Scotiabank downgraded the shares to Sector Perform from Sector Outperform and lowered the price target on the Permian Basin giant to $175 from $180. The consensus price target is up at $192.09. The stock closed on Wednesday at $153.10, which up over 5% on the day.
Rattler Midstream L.P. (NASDAQ: RTLR): Raymond James raised the rating from Market Perform to Outperform with a $13 price target. The consensus target is $11.75, and the stock ended trading on Wednesday at $10.91.
Teladoc Health Inc. (NASDAQ: TDOC): Needham started coverage with a Buy rating and a $235 price target. That compares with a consensus target of $257.59 and Wednesday’s close of $188.11.
United Parcel Service Inc. (NYSE: UPS): Barclays upgraded the shares to Equal Weight from Underweight and increased the price target on the delivery service leader to $180 from $155. The consensus target is $176.33, and Wednesday’s final trade came in at $176.21 a share.
XPO Logistics Inc. (NYSE: XPO): The Barclays upgrade to Overweight from Equal Weight included a price target hike to $160 from $135. The consensus target is set at $140.24. The stock was last seen Wednesday at $134.37.
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Wednesday’s early top analyst upgrades and downgrades included Alphabet, Facebook, Harley-Davidson, JetBlue Airways, Lowe’s Companies, Occidental Petroleum, Overstock.com, Snap and Southwest Airlines. Analyst calls seen later in the day were on Synchrony, Twitter, Yum! Brands and more.
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