Investing

Tuesday Analyst Upgrades and Downgrades: Campbell Soup, Exact Sciences, Exelixis, Spirit Airlines, Sarepta, ZTO and More

Exelixis Inc. (NASDAQ: EXEL): H.C. Wainwright initiated coverage with a Buy rating and a $47 price target. The stock recently closed near $23 a share, in a 52-week range of $18.18 to $27.35. Analysts have a consensus price target of $31.15.

Fastenal Co. (NASDAQ: FAST): Morgan Stanley downgraded its Equal Weight rating to Underweight and cut the price target to $48 from $53. The stock closed near $53, in a 52-week range of $40.44 to $54.32. The consensus price target is $51.88.

Magenta Therapeutics Inc. (NASDAQ: MGTA): BTIG Research started coverage with a Buy rating and a $20 price target. The consensus price target is $19.25. The stock has a 52-week range of $6.03 to $14.20 and recently closed near $11 a share.

MGM Growth Properties LLC (NYSE: MGP): Wolfe Research initiated coverage with a Peer Perform rating and a $43 price target. The stock was last seen around $37, in a 52-week range of $25.01 to $37.64. The consensus price target is $38.79.

Pool Corp. (NASDAQ: POOL): Zacks named this as its Bull of the Day stock. The analyst said that there’s no end in sight for the increased revenues and profits at the country’s largest distributor of pool supplies and equipment. The stock most recently closed at $430.96 and has a consensus price target of $463.38.

Sarepta Therapeutics Inc. (NASDAQ: SRPT): BTIG Research initiated coverage with a Buy rating and a $110 price target. The shares last closed near $86, and the consensus price target is $133.71.

Selecta Biosciences Inc. (NASDAQ: SELB): BTIG Research initiated coverage with a Buy rating and a $10 price target. The stock most recently closed at $5.01 and has a consensus price target of $7.86.

Spirit Airlines Inc. (NYSE: SAVE): Citigroup’s upgrade to Buy rating Neutral came with a price target hike to $42 from $40. The stock most recently closed near $34 and has a consensus price target of $42.35.

ZTO Express Inc. (NYSE: ZTO): Macquarie resumed coverage with a Neutral rating. The consensus price target is $36.57, and the stock has a 52-week trading range of $26.44 to $38.99. It recently closed near $31 per share.


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See how Warren Buffett’s first-quarter stock picks are faring. Also, check out why Goldman Sachs has downgraded Kinder Morgan and Ferrari.

Monday’s early top analyst upgrades and downgrades included Chipotle Mexican Grill, CRISPR, Hess Midstream, iMedia Brands, Kinder Morgan, Wendy’s and more. Analyst calls seen later in the day were on Biogen, Ingersoll Rand, Peloton Interactive, Yeti and more.

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