Investing

Thursday's Top Analyst Upgrades and Downgrades: Allstate, EOG Resources, Occidental Petroleum, Sunrun, Take-Two, Tilray and More

Apartment Income REIT Corp. (NYSE: AIRC): Mizuho upgraded it to Buy from Neutral and has a $53 price target. The consensus target is lower at $45. The shares closed Wednesday at $48.18.

Arrival S.A. (NASDAQ: ARVL): Barclays started coverage with an Overweight rating and a $25 price target. A consensus target was not available as the company had a recent initial public offering. The shares ended trading Wednesday at $20.25, which was up almost 4% on the day.

Benefitfocus Inc. (NASDAQ: BNFT): The Goldman Sachs downgrade to Sell from Neutral came with a $13 price target. The consensus target is $14, and the last trade Wednesday came in at $14.76 a share.

Criteo S.A. (NASDAQ: CRTO): Stifel not only upgraded the stock to Buy from Hold but also raised the price target to $47. The consensus target is $43.27. The shares closed Wednesday at $37.37.

EOG Resources Inc. (NYSE: EOG): Barclays upgraded the energy company to Overweight from Equal Weight and also raised the price target to $100 from $74. The consensus price target is $89.90. The last trade for Wednesday came in at $85.27.

Exact Sciences Corp. (NASDAQ: EXAS): Goldman Sachs started coverage with a Buy rating and a $160 price target. The consensus target is $156.71. Wednesday’s closing price was $109.12 per share.

Federal Realty Investment Trust (NYSE: FRT): Mizuho upgraded it to Buy from Neutral and raised the price target to $129. The consensus target is just $111.71. The stock closed on Wednesday at $119.03.


Intercontinental Hotels Group PLC (NYSE: IHG): This U.K.-based lodging company was named as the Zacks Bear of the Day. The analyst wonders whether the rally in hotel stocks is over. Shares last closed at $71.00, and the consensus price target is $75.00.

Occidental Petroleum Corp. (NYSE: OXY): Barclays raised the energy giant to Overweight from Equal Weight. The analyst also raised the target price to $33 from $28. The consensus target is $30.87. The shares closed on Wednesday at $29.23.

Progenity Inc. (NASDAQ: PROG): The Baird downgrade to Neutral from Outperform included the price target lowered to $2. The consensus target is up at $6.50, but the stock closed Wednesday at $2.19. That was down a stunning 23%, as the company announced a massive corporate transformation on Wednesday.

Sapiens International Corp. N.V. (NASDAQ: SPNS). Goldman Sachs downgraded the shares to Sell from Neutral and also lowered the price target to $27. The consensus target is higher at $37.50. Wednesday’s last trade was reported at $28.94. Shares were down almost 4% in the premarket.