Wednesday's Top Analyst Upgrades and Downgrades: American Airlines, Bank of America, Morgan Stanley, Rite Aid, Wells Fargo and More

American Airlines Group Inc. (NYSE: AAL): Goldman Sachs lowered the price target on the carrier to $17 from $19 while keeping a Neutral rating on the stock. The consensus target is $18.91. The stock ended Tuesday’s trading at $21.01.

Bandwidth Inc. (NASDAQ: BAND): Citigroup started coverage with a Neutral rating and a $155 price target. That compares with the higher $177.22 consensus and Tuesday’s closing print of $140.50.

Bank of America Corp. (NYSE: BAC): Keefe Bruyette resumed coverage of the money center giant with a Market Perform rating and a $40 price target. The consensus target is $43.87. The stock was closed on Tuesday at $40.07.

Boston Beer Co. Inc. (NYSE: SAM): Credit Suisse raised its Neutral rating on shares of the popular brewer to Outperform, and the price target was hiked to $1,490 from $1,304. The consensus target is $1,359.47. The stock closed Tuesday at $927.92, down almost 3% on the day. The stock was trending higher in the premarket, up over 3%.

ChemoCentryx Inc. (NASDAQ: CCXI): Stifel upgraded the stock to Buy from Hold and also raised the price objective to $31 from $26. The consensus target is even higher at $37.29. The stock saw a gain of almost 7% on Tuesday and closed at $14.05 a share. The company recently filed an amendment with the FDA to its marketing application seeking approval for avacopan to treat anti-neutrophil aytoplasmic autoantibody-associated vasculitis, addressing concerns raised during the FDA Advisory Committee meeting in May. The shares were up an additional 3% in premarket action.

Evoqua Water Technologies Corp. (NASDAQ: AQUA): The Raymond James downgrade from Strong Buy to Outperform came with a $35 price target. The consensus target is $33.90. The stock ended trading on Tuesday at $33.19. As it closed just below a 52-week high, this could be a valuation call.

Flowserve Corp. (NYSE: FLS): Cowen raised the stock to Outperform from Market Perform and has a $48 price target. The consensus target is $43.27, and the shares closed on Tuesday at $39.42.

Fortis Inc. (NYSE: FTS): BofA Securities downgraded the stock to Underperform from Neutral. Over the past 52 weeks, the stock has traded between $37.55 and $47.02, and it has a consensus price target of $44.98. The final trade for Tuesday was reported at $44.44 a share.

Masco Corp. (NYSE: MAS): JPMorgan downgraded the stock to Underweight from Neutral and has a $61 price target. The consensus target is higher at $70.73. The shares were last seen on Tuesday at $57.95.

Morgan Stanley (NYSE: MS): Keefe Bruyette Resumed coverage with an Outperform rating and a $115 price target. The consensus target for the investment giant is just $97.28. The stock was last seen at $90.21 on Tuesday.

Sponsored: Tips for Investing

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.