Investing

Thursday's Top Analysts Upgrades and Downgrades: Apple, Darden Restaurants, Peloton, Pfizer, Pioneer Natural Resources and More

Peloton Interactive Inc. (NASDAQ: PTON): BofA Securities downgraded it to Hold from Buy and lowered the price target to $100 from $150. The consensus target is $158.67, and the shares ended Wednesday trading at $82.62, down almost 15% for the day. The company initiated a complete recall of its exercise machines after a death and multiple injuries were reported.

Pfizer Inc. (NYSE: PFE): Mizuho downgraded the pharmaceutical giant to Neutral from Buy, and it has a $42 price target. The consensus target is $41.67, and Wednesday’s close was at $39.97.

Pioneer Natural Resources Inc. (NYSE: PXD): Truist Securities downgraded the stock to Hold from Buy and has a $190 price target. The consensus target for the Permian Basin energy giant is higher at $192.47. Shares closed most recently at $164.34 apiece.

Tattooed Chef Inc. (NASDAQ: TTCF): Zacks selected this as its Bear of the Day stock and said that a good product doesn’t always make for a good stock to invest in. It also said that this SPAC may have come too far, too fast. Shares last closed at $17.73, and the consensus price target is $23.50.

Tilray Inc. (NASDAQ: TLRY): Canaccord Genuity started coverage on the marijuana giant with a Buy rating and a $17 price target. The consensus price objective is $19.62, and Wednesday’s last trade was at $15.90.

WideOpenWest Inc. (NYSE: WOW): The Stephens upgrade to Overweight from Equal Weight was accompanied by a price target hike from $7 all the way to $22. The consensus target is lower at $15.81. The last trade for Wednesday hit the tape at $15.42, up over 4% on the day. Shares tacked on an additional 4% in Thursday’s premarket. The company posted outstanding results earlier this week.

Zynga Inc. (NASDAQ: ZNGA): BofA Securities raised the video game maker’s stock to Buy from Neutral and increased the price target to $13.50 from $12.50. The consensus price objective is $13.12, and the stock closed at $10.14 on Wednesday.


Four quality Jefferies stock picks have value characteristics but also appear to have the hidden potential for momentum stock upside. Two of them are technology names that were hit hard this week and look especially attractive.

Wednesday’s early top analyst upgrades and downgrades included Clorox, ConocoPhillips, Exxon Mobil, Ferrari, Kraft Heinz, Nvidia and Under Armour. Analyst calls seen later in the day were on Dell, iRobot, KKR, Lyft and more.

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