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Tuesday's Top Analyst Upgrades and Downgrades: American Express, DTE Energy, DuPont, Hologic, Ingersoll Rand, Nvidia, 3M and More

Ingersoll Rand Inc. (NYSE: IR): Goldman Sachs upgraded the industrial giant to Buy from Neutral and has a $59 price target. That compares with the $55.71 consensus target. The stock ended last week at $48.59, but the shares were up almost 2% in premarket action.

Limelight Networks Inc. (NASDAQ: LLNW): Goldman Sachs downgraded the stock to Sell from Neutral and lowered the price target to $2.50 from $3.00. The consensus target is $3.93. The stock closed Friday at $3.10 but was down over 5% in premarket action.

Lumentum Holdings Inc. (NASDAQ: LITE): This was named as the Bear of the Day at Zacks, which said that a growth hiccup in 5G optical product sales for China has analysts slashing estimates several quarters ahead. Shares most recently closed at $83.47, and the consensus price target is $89.56.

Medical Properties Trust Inc. (NYSE: MPW): BofA Securities downgraded the stock to Neutral from Buy and has a $21.50 price target. The posted consensus target is $23.92. The shares closed Friday at $20.60 apiece.

MKS Instruments Inc. (NASDAQ: MKSI): Deutsche Bank resumed coverage with a Buy rating and a $225 price target. The consensus target is higher at $238.13. The shares were last seen on Friday at $168.52.

Nvidia Corp. (NASDAQ: NVDA): This tech company was selected as Bull of the Day at Zacks. The analyst makes the case that as this king of AI creates exascale supercomputers for Tesla, a path to $50 billion in revenues opens. Shares last closed at $819.48 but have a consensus price target of only $743.41.

3M Co. (NYSE: MMM): Though Credit Suisse downgraded the industrial leader to Neutral from Outperform, the firm raised the price target to $212 from $210. The consensus target is $196.35. Friday’s last trade hit the tape at $199.89.

TaskUs Inc. (NASDAQ: TASK): Goldman Sachs started coverage with a Buy rating and a massive $61 price target. The stock had a recent initial public offering, so no consensus was available. Since going public, the shares have traded between $27.06 and $35.62. The stock closed at $32.39 a share on Friday.


Three Jefferies top growth stock picks look like outstanding growth ideas for most investors now. The companies are dominant in their respective business silos and poised not only to post solid second-quarter results, but each has very promising runaways for the rest of 2021 and beyond.

Also see the six biggest losers in Warren Buffett’s portfolio in the second quarter.

Friday’s top analyst upgrades and downgrades included Bloom Energy, Camping World, ContextLogic, National Storage, PNC Financial and Winnebago.

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