Friday's Top Analyst Upgrades and Downgrades: BioMarin, Dick's Sporting Goods, Freeport-McMoRan, Northrop Grumman, Simon Properties, US Steel and More

Northrop Grumman Corp. (NYSE: NOC): Stifel upgraded the aerospace and defense giant to Buy from Hold and also raised the target price to $475. The consensus target is just $390.80, and the stock ended Thursday’s trading at $366.51.

PDC Energy Inc. (NASDAQ: PDCE): Zacks named this Denver-based independent exploration and production company as its Bull of the Day stock. The analyst said that the stock provides energy exposure as crude prices move higher. Shares most recently closed at $46.33 and have a consensus price target of $53.31.

Penumbra Inc. (NYSE: PEN): BTIG Research raised the stock to Buy from Neutral and has a $291 price target. The consensus target is $321.50. The shares closed on Thursday at $256.66.

Simon Properties Inc. (NYSE: SPG): UBS started coverage of the commercial real estate giant with a Neutral rating and a $135 price target. The consensus target is $128.44. The stock was last seen at $134.06 on Thursday.

Sun Communities Inc. (NYSE: SUI): UBS initiated coverage with a Buy rating and a $190 price target. The consensus target is $176.88, and the stock ended trading on Thursday at $170.03.

Twist Bioscience Corp. (NASDAQ: TWST): Goldman Sachs started coverage with a Neutral rating and a $110 price target. The consensus price objective is $126.67, and the stock tumbled over 6% on Thursday and closed at $96.12 a share.

United States Steel Corp. (NYSE: X): UBS raised the venerable industrial leader from Sell to Neutral with a $30 price target. The consensus target is $24.20. The stock closed most recently at $25.89.

Four top companies pay reliable monthly dividends and their stocks have Buy ratings from some top analysts on Wall Street. They look like great ideas for income-oriented investors seeking some upside appreciation as well.

Will AMC Entertainment have to pay the piper?

Thursday’s early top analyst upgrades and downgrades included Allstate, EOG Resources, Exact Sciences, Occidental Petroleum, SolarEdge Technologies, Sunrun, Take-Two Interactive Software and Tilray. Analyst calls seen later in the day were on APA, Bloom Energy, Enphase Energy, NetApp and more.

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