Investing

Monday's Top Analyst Upgrades and Downgrades: Best Buy, Discover Financial, Dollar General, Etsy, HCA, KeyCorp, Simon Property, ViacomCBS and More

Sarepta Therapeutics Inc. (NASDAQ: SRPT): Credit Suisse resumed coverage with a Neutral rating and a $72 price target. The consensus target is much higher at $134.35, and the stock was last seen at $70.94 a share.

Simon Property Group Inc. (NYSE: SPG): Evercore ISI upgraded the real estate giant to Outperform from In Line and raised its price target to $128 from $112. The posted consensus target is $118, and the stock closed on Friday at $116.92.

Sonos Inc. (NASDAQ: SONO): This was selected as Bull of the Day at Zacks. The analyst said that shares of this higher-end home audio company have soared in the past year and its outlook appears strong as it continues to expand and diversify its portfolio. Shares closed most recently at $41.34 and have a consensus price target of $44.17.

ViacomCBS Inc. (NASDAQ: VIAC): MoffettNathanson upgraded the programming and broadcasting leader to Neutral from Sell. The shares have traded in a wide 52-week range of $14.79 to $101.97 and have a $54.50 consensus price objective. The most recent close was at $41.71.

Weyerhaeuser Co. (NYSE: WY): Raymond James not only upgraded the packaging and cardboard leader to Strong Buy from Outperform but lifted the price target to $50. The consensus target is just $37.33, and the stock was last seen on Friday trading at $38.20.


Three consumer staples giants and an outstanding utility are top defensive picks at BofA Securities. They all pay dependable dividends, which can soften the blow some if we see a big sell-off over the next six months.

Friday’s top analyst upgrades and downgrades included Activision Blizzard, Adobe, American Airlines, Electronic Arts, Harley-Davidson, Kraft Heinz and Skillz.