Investing

Monday's Top Analyst Upgrades and Downgrades: Beyond Meat, Campbell Soup, Dollar General, Foot Locker, HP, Mosaic, Proofpoint, Tesla and More

Omnicell Inc. (NASDAQ: OMCL): BTIG Research started coverage with a Buy rating and a $165 price target. The consensus target is $141.13, and Friday’s final trade was reported at $135.79.

Proofpoint Inc. (NASDAQ: PFPT): Baird downgraded the shares to Neutral from Outperform and has a $176 price objective. The consensus target is $172, and Friday’s final trade hit the tape at $171.16.

Reata Pharmaceuticals Inc. (NASDAQ: RETA): Goldman Sachs started coverage with a Buy rating and a $236 price target. The consensus price objective is $237.11, and Friday’s closing price was $110.98. Shares were up almost 4% in Monday’s premarket action.

Shift4 Payments Inc. (NYSE: FOUR): Zacks selected this as its Bear of the Day stock, saying that valuation is a concern for this hot tech stock. Shares last closed at $89.10, and the consensus price target is $101.09.

Shoals Technologies Group Inc. (NASDAQ: SHLS): Credit Suisse raised the solar energy parts maker to Outperform from Neutral and has a $40 price target. The consensus price objective is $39.90, and the stock ended Friday’s trading at $24.39, which was up over 4% for the day.

Stem Inc. (NASDAQ: STEM): Goldman Sachs started shares of the energy storage company with a Buy rating and a $30 price target. No consensus target was available as the company had a recent initial public offering. The shares closed on Friday at $22.09, after almost an 8% pop. The stock was up an additional 6% in premarket trading.

Tesla Inc. (NASDAQ: TSLA): Wells Fargo started coverage on the electric vehicle giant with an Equal Weight rating and a $590 price target. That compares with the higher $657.52 consensus target and Friday’s closing print of $580.88.


Five Jefferies value stock picks are reasonably priced, come with dependable dividends and could gain some momentum as money rotates away from the sectors and stocks that are falling out of favor on Wall Street. Each is quite suitable for growth investors looking for a dividend kicker.

Friday’s early top analyst upgrades and downgrades included AT&T, Cisco Systems, Datadog, Dish Network, Energy Transfer, Pioneer Natural Resources, Splunk and Virgin Galactic. Analyst calls seen later in the day were on Amicus Therapeutics, Bloomin’ Brands, Seagate Technology and more.

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