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Top Analyst Downgrades and Upgrades: Baker Hughes, Cabot Oil, Corning, Sketchers, Vista Outdoor, Valvoline, Vizio, Zynga and More

Livent Corp. (NYSE: LTHM): Evercore ISI upgraded the stock to Outperform from In Line and raised its price target to $22 from $20. The consensus target is lower at $18.64, and shares of the chemicals company were last seen on Friday at $16.60.

Sempra Energy (NYSE: SRE): Mizuho raised price target to $148 from $129 as it upgraded the stock to Buy from Neutral. The consensus target is $146.13. The stock closed at $138.14 on Friday.

Sketchers USA Inc. (NYSE: SKX): Monness Crespi & Hardt downgraded it to Neutral from Buy. The posted consensus target is $45.90, and the shares ended trading on Friday at $44.82.

TG Therapeutics Inc. (NASDAQ: TGTX): H.C. Wainwright reiterated it with a Buy rating and raised its price target to $89 from $79. The consensus target is $75.33, and the shares closed on Friday at $44.78.

Tractor Supply Co. (NASDAQ: TSCO): Telsey Advisory reiterated it with an Outperform rating and lifted the price target to $200 from $190. The consensus target is at $168.20, and the stock was last seen trading at $181.08.

Valvoline Inc. (NYSE: VVV): As Jefferies upgraded its Hold rating to Buy, the firm also raised its price target to $40 from $25. The consensus target is $28.00. Friday’s last trade came in at $27.21, up almost 1% on the day.

Vista Outdoor Inc. (NYSE: VSTO): B. Riley Securities reiterated its Buy rating but raised the price target to $49 from $41. The consensus target is $39.00, and the shares ended trading Friday at $31.71.

Vizio Inc. (NYSE: VZIO): JPMorgan started coverage with an Overweight rating and a $30 price target. Wells Fargo initiated coverage at Overweight with a $31 price target, and BofA Securities started it at Buy with a $33 price target. The stock closed on Friday at $24.00.

Western Alliance Bancorp. (NYSE: WAL): Wells Fargo upgraded it from Equal Weight to Overweight with a $120 price target. The consensus target is $109.50, and the stock closed Friday at $100.26, up almost 8% on the day.

Zynga Inc. (NASDAQ: ZNGA): BMO Capital Markets started coverage with an Outperform rating and a $15 price target. The consensus target is just $13.02, and the stock closed on Friday at $10.56.


Five BofA Securities defensive stock picks make sense for investors who are looking to stay in the game but concerned about the lofty multiples across the stock market. These companies should benefit from economic growth through 2021.

Friday’s early top analyst upgrades and downgrades included BP, Comcast, Coinbase, Cisco Systems, D.R. Horton, Editas Medicine, FuelCell, KB Home, Micron Technology, Splunk, United Airlines and more. Analyst calls seen later in the day were on Amazon.com, Chipotle Mexican Grill, Walt Disney and more.