Investing

Tuesday's Top Analyst Upgrades and Downgrades: Airbnb, Charles Schwab, DraftKings, JPMorgan, Splunk, Synaptics, Uber, UPS and More

Shutterstock Inc. (NASDAQ: SSTK): Needham started coverage with a Buy rating and a $105 price target. The consensus target is $98.40, and Monday’s final trade was recorded at $97.20.

Splunk Inc. (NASDAQ: SPLK): Morgan Stanley’s downgrade to Equal Weight from Overweight included the price target lowered to $160. The consensus price target for the big data tech giant is much higher at $193.45. Monday’s final print came in at $134.

Synaptics Inc. (NASDAQ: SYNA): When Cowen upgraded it to Outperform from Market Perform the firm also raised the price target to $176. The much lower consensus target is $138.33, and Monday’s final trade was at $139.52.

3D Systems Corp. (NYSE: DDD): Zacks named this its Bear of the Day stock. The firm asked whether the company was ready to print some results or we are going to see another paper jam. Shares last closed at $23.15 and have a consensus price target of $24.83.

TrueBlue Inc. (NYSE: TBI): Baird upgraded the shares to Outperform from Neutral and also raised the price target to $29. The compares with a lower $22.40 consensus price objective and a Monday closing print of $23.06.

Uber Technologies Inc. (NASDAQ: UBER): Needham started the ride-sharing giant with a Buy rating and a $77 price target. The consensus target is $69.94, and the final Monday trade hit the tape at $57.61.

United Parcel Service Inc. (NYSE: UPS): Berenberg upgraded the venerable delivery company to Neutral from Sell and raised the price target to $150. The consensus target is much higher at $177.87. Monday’s last trade was reported at $175.81.


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Note that, even with short interest at a multiyear low overall, short sellers are still piling on Tesla and other EV makers, as well as tech giants Alphabet, Amazon, Apple and Microsoft.

Monday’s early top analyst upgrades and downgrades included Best Buy, Discover Financial, Dollar General, Etsy, HCA Healthcare, KeyCorp, Simon Property, ViacomCBS and Weyerhaeuser. Analyst calls seen later in the day were on Alexion Pharmaceuticals, Activision Blizzard, Baker Hughes and more.