Investing

Monday's Analyst Upgrades and Downgrades: Chipotle, CRISPR, Hess Midstream, iMedia, Kinder Morgan, Wendy's and More

Ferrari N.V. (NYSE: RACE): Goldman Sachs downgraded it to Sell rating Buy and has a $207 price target. The stock recently closed near $211, in a 52-week range of $164.23 to $233.66. Analysts have a consensus price target of $231.98.

Halozyme Therapeutics Inc. (NASDAQ: HALO): Evercore ISI initiated coverage with an Outperform rating. The stock closed near $43, in a 52-week range of $22.11 to $56.40. The consensus price target is $52.40.

Hess Midstream L.P. (NYSE: HESM): Goldman Sachs initiated coverage with a Buy rating and a $30 price target. The stock was last seen around $26, in a 52-week range of $14.56 to $26.47. The consensus price target is $26.00.

iMedia Brands Inc. (NASDAQ: IMBI): B. Riley Securities initiated coverage with a Buy rating and a $22 price target. The consensus price target is $19.33. The stock has a 52-week range of $2.81 to $10.48 and recently closed near $9 a share.

Kinder Morgan Inc. (NYSE: KMI): Goldman Sachs downgraded it to Sell from Neutral. The stock most recently closed at $19.14 and has a consensus price target of $18.10.

Tyler Technologies Inc. (NYSE: TYL): Zacks named this as its Bull of the Day stock. The analyst said that this software services company is bringing the government into the digital world. The stock most recently closed at $430.79 and has a consensus price target of just $476.85.

Welltower Inc. (NYSE: WELL): Evercore ISI downgraded from Outperform to Neutral with a $10 price target. The shares last closed at $79.68, and its consensus price target is $76.67.

Wendy’s Co. (NASDAQ: WEN): Northcoast raised its Neutral rating to Buy with a $30 price target. The consensus price target is $26.07, and the stock has a 52-week trading range of $18.86 to $29.46. It recently closed near $24 per share.


Four Jefferies stock picks in the health care space offer outstanding upside potential for investors long term and look like very solid ideas for the rest of 2021, especially with an overbought and pricey market.

Friday’s early top analyst upgrades and downgrades included Biogen, CME, Dropbox, DocuSign, Nvidia, Ping Identity, Signet Jewelers and Tilray. Analyst calls seen later in the day were on Nasdaq, Smartsheet, Twilio, Zoom Video and more.