Pioneer Natural Resources Inc. (NYSE: PXD): Scotiabank raised the energy leader to Sector Outperform from Sector Perform. The firm also lifted the target price to $185 from $175. The consensus target is up at $193.91. The final trade for Thursday came in at $150.65 a share.
Pure Storage Inc. (NASDAQ: PSTG): Stifel raised the stock to Buy from Hold and has a $25 price target. The consensus target is $28.33, and the final Thursday trade was reported at $18.35. Shares were up almost 4% in Friday’s premarket.
Silicon Motion Technology Corp. (NASDAQ: SIMO): Zacks named this as the Bull of the Day. The firm said that a recent downgrade offers a great chance to buy the dip. Shares most recently closed at $63.05 and have a consensus price target of $83.40.
Splunk Inc. (NASDAQ: SPLK): UBS upgraded the shares to Neutral from Sell but lowered the price target on the big data firm to $125 from $140. The much higher consensus target is $184.54, and Thursday’s last trade was at $116.26 a share.
UniQure N.V. (NASDAQ: QURE): UBS started coverage with a Neutral rating and a $40 price target. The consensus target is much higher at $70.22. The stock closed Thursday at $34.70, which was up almost 6% for the day. The shares added almost 4% more in the premarket trading.
Virgin Galactic Holdings Inc. (NASDAQ: SPCE): UBS’s upgrade from Neutral to Buy came with the price target lowered to $36 from $40. The consensus target is just $30.20, and the stock was last seen on Thursday at $19.81, after a pop of almost 15% for the day. The stock added on another 4% in the premarket.
Wintrust Financial Corp. (NASDAQ: WTFC): Truist Securities upgraded the stock to Buy from Hold and hiked the price target to $92 from $67. The consensus target is $84.67, and the last trade on Thursday was at $76.58 a share.
Is now is the time to start buying some of the top semiconductor capital equipment stocks? These analysts are bullish, and aggressive investors may want to consider nibbling at these five top stock picks now.
Thursday’s early top analyst upgrades and downgrades included Advanced Micro Devices, Analog Devices, Chipotle Mexican Grill, Coinbase Global, Intel, SolarEdge Technologies, Stamps.com and ViacomCBS. Analyst calls seen later in the day were on Merck, Micron Technologies, Nvidia, Target and more.
Sponsored: Find a Qualified Financial Advisor:
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.