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Tuesday's Top Analyst Upgrades and Downgrades: Boeing, Cummins, Devon Energy, F5 Networks, Intuitive Surgical, Nio, Williams-Sonoma and More

Cummins Inc. (NYSE: CMI): This was named as the Bull of the Day at Zacks, which said that the stock already has benefited from the economic comeback, alongside other cyclical areas, and its outlook appears strong after it topped first-quarter estimates in early May and raised its guidance. Shares most recently closed at $257.28 and have a consensus price target of $293.12.

Devon Energy Corp. (NYSE: DVN): Raymond James raised the stock to Strong Buy from Outperform and also hiked the price target to $40. The consensus target is $32.77. Friday’s last trade was reported at $26.56. Shares were up over 3% in Tuesday’s premarket.

EPR Properties (NYSE: EPR): Raymond James raised the stock to Strong Buy from Market Perform has a $62 price target. The consensus target is just $45.29. The shares ended trading on Friday at $49.15.

Equinor ASA (NYSE: EQNR): Bernstein raised the stock to Outperform from Market Perform and has a $28 price target. The lower consensus target is $22.46, and Friday’s last print was $21.91 a share.

F5 Networks Inc. (NASDAQ: FFIV): When Goldman Sachs downgraded the stock to Sell from Neutral it also lowered the price target to $165. The much higher $218.94 consensus target compares with the most recent close at $185.43.


GFL Environmental Inc. (NYSE: GFL): Goldman Sachs raised the stock to Buy from Neutral and has a $38.50 price target. No consensus price objective was available. The stock closed at $32.54.

Ilumina Inc. (NASDAQ: ILMN): Evercore ISI Raised the stock to In Line from Underperform, and it has a $400 price target. The consensus target is $408.12. The last trade to hit the tape last week came in at $405.64.

Intuitive Surgical Inc. (NASDAQ: ISRG): Evercore ISI raised the robotic surgery maker’s stock to Inline from Underperform. It has traded in a wide 52-week range of $543.03 to $893.79 and has a consensus price objective of $881.29. Friday’s closing trade came in at $842.18 a share.

Lumentum Holdings Inc. (NASDAQ: LITE): Goldman Sachs downgraded the shares to Neutral from Buy and lowered the price target to $86. The consensus target is set at $90.69, and the last trade on Friday came in at $81.37.