Investing

Thursday's Top Analyst Upgrades and Downgrades: AMD, Analog Devices, Chipotle, Coinbase, Intel, SolarEdge, ViacomCBS and More

Camden Property Trust (NYSE: CPT): JPMorgan downgraded the real estate giant to Neutral from Overweight with a $125 price target. The consensus is set at $124.65 and the stock closed Wednesday at $121.78. Trading just below the 52-week high after a solid run this may be a valuation call.

Chipotle Mexican Grill Inc. (NYSE: CMG): UBS raised the popular restaurant chain’s stock to Buy from Neutral and raised the price target to $1,700. The higher consensus target is $1,721.19, and Wednesday’s closing price was $1,307.19 a share.

Coinbase Global Inc. (NASDAQ: COIN): Wedbush started coverage with an Outperform rating and a $275 price target. That compares with a much higher $418.62 consensus target. The last trade for the battered stock on Wednesday came in at $224.80, after pulling back almost 6% for the day. Shares were up over 2% in premarket trading.

Columbia Sportswear Co. (NASDAQ: COLM): Zacks named this as the Bull of the Day. The firm said that the turnaround now appears underway after a strong first quarter that had analysts racing to raise their earnings guidance. Shares most recently closed at $103.09 and have a consensus price target of $121.92.

Dorian LPG Ltd. (NYSE: LPG): Evercore ISI downgraded it to In Line from Outperform and has a $15 price target. The consensus target is $16.90, and the shares closed on Wednesday at $14.72.

Federal Realty Investment Trust (NYSE: FRT): JPMorgan’s upgraded to Neutral from Underweight included a price target hike to $115. The consensus price objective is $110.64, and the stock was last seen on Wednesday at $112.24.


Holly Frontier Inc. (NYSE: HFC): Goldman Sachs downgraded the company to Sell from Neutral and lowered the price target to $34. The consensus target is $40, and the stock closed Wednesday at $34.63.

Ingersoll Rand Inc. (NYSE: IR): Deutsche Bank raised the industrial leader to Buy from Hold and also lifted the price target to $54. The consensus target is $55.54, and the stock closed Wednesday at $47.74.

Intel Corp. (NASDAQ: INTC): Keybanc Capital Markets started coverage with an Overweight rating, but the firm lowered the price target on the venerable silicon valley chip pioneer to $70. The consensus target is $65.62, and the stock was last seen on Wednesday at $55.36.

Regency Centers Corp. (NYSE: REG): JPMorgan gave the shares a rare double upgrade to Overweight from Underweight, and the firm has a $67 price target. The consensus price objective is $62.68, near the $62.79 a share at which the stock ended trading on Wednesday.