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Monday's Top Analyst Upgrades and Downgrades: Foot Locker, Halozyme Therapeutics, Kimberly-Clark, Occidental Petroleum, Texas Roadhouse, Trip.com and more

Occidental Petroleum Corp. (NYSE: OXY): Societe Generale’s upgrade of the energy giant to Buy from Hold included a $30 price target. The $30.09 consensus target was in line, and Friday’s final print of $25.10 came after an almost 6% rise for the day.

Opendoor Technologies Inc. (NASDAQ: OPEN) Goldman Sachs started coverage with a Neutral rating and a $17 price target. The posted consensus target is much higher at $34.80. Friday’s $15.12 per share close came after an almost 7% gain on the day.

Skywater Technology Inc. (NASDAQ: SKYT): Cowen started coverage with an Outperform rating and a $26 price target. The consensus target was not available, as the company had a recent initial public offering. The shares closed on Friday at $19.67.

Texas Roadhouse Inc. (NASDAQ: TXRH): This was named as the Bull of the Day at Zacks, which said that a thriving to-go and meal-kit business helped reignite growth for this restaurant chain. Also, Deutsche Bank raised the popular casual dining restaurant to Buy from Hold and has a $116 price target. Shares most recently closed at $98.55 and have a consensus price target of $111.00.

Trip.com Group Ltd. (NASDAQ: TCOM): Morgan Stanley has a $50 price target and raised its Equal Weight rating to Overweight. The consensus price objective is $43.90. The last trade for Friday hit the tape at $37.51, which was up over 4% on the day.

Williams Companies Inc. (NYSE: WMB): Argus raised it to Buy from Hold and has a $30 price target. That compares with the $27.43 consensus target and Friday’s last print of $25.89.

Zions Bancorp. N.A. (NASDAQ: ZION): Baird downgraded it to Underperform from Neutral, and the firm has a $49 price target. The consensus price objective is higher at $60.67, and the last Friday trade came in at $60.20. As it is trading right at a 52-week high, this could be a valuation call.


24/7 Wall St. screened the BofA Securities cybersecurity software research universe looking for the top stocks that are rated Buy and found four that offer big upside to current price levels and solid growth prospects going forward.

Friday’s early top analyst upgrades and downgrades included AMC Networks, Aurora Cannabis, Dropbox, General Electric, Kimberly-Clark, Live Nation, Petrobras and Snowflake. Analyst calls seen later in the day were on Airbnb, DoorDash, MongoDB, SolarWinds and more.