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Tuesday's Top Analyst Upgrades and Downgrades: Abbott Labs, Adobe, Coinbase, Dollar General, Medtronic, Palo Alto, Target and More

Portland General Electric Co. (NYSE: POR): Barclays downgraded the shares to Underweight from Equal Weight and has a $48 price target. The consensus target is $50.55, and the shares ended trading on Monday at $49.19.

Shake Shack Inc. (NASDAQ: SHAK): Wedbush upgraded the popular fast-food restaurant to Outperform from Neutral and also raised the price target to $118. The Goldman Sachs upgrade to Buy from Neutral comes with a $109 price target. The consensus price objective is lower than both at $103.21, and Monday’s final trade came in at $84.59. The stock was up almost 5% in Tuesday’s premarket.

Target Corp. (NYSE: TGT): Zacks named this as its Bull of the Day. The analyst that this is the retailer built for the largest consuming generation, millennials, with unmatched omnichannel solutions. The stock most recently closed at $225.41 and has a consensus price target of $243.72.

Viking Therapeutics Inc. (NASDAQ: VKTX): Raymond James downgraded it to Outperform from Strong Buy and lowered the price target to $12. The consensus target is up at $20.31, and the shares closed on Monday at $5.87 apiece.

Xenia Hotels & Resorts Inc. (NYSE: XHR): BMO Capital Markets raised the stock to Outperform from Neutral. The firm also raised its target price for the shares to $23, The consensus target is $20.63, and the stock closed on Monday at $18.50.

XP Inc. (NYSE: XP): Credit Suisse’s upgrade to Neutral from Underperform included the price target raised to $43. The consensus target is higher at $50.50, and the stock closed on Monday at $39.86 a share.


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Monday’s early top analyst upgrades and downgrades included Beyond Meat, Campbell Soup, Dick’s Sporting Goods, Dollar General, Foot Locker, HP, Mosaic, Proofpoint and Tesla. Analyst calls seen later in the day were on CenterPoint Energy, Coinbase, IMAX, Virgin Galactic and more.

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