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

NICE Ltd. (NASDAQ: NICE): When RBC Capital Markets upgraded the shares to Outperform from Sector Perform, it also boosted the price target to $300 from $266. The consensus target is $298.44 and Tuesday’s final print was at $254.67.

Oasis Petroleum Inc. (NYSE: OAS): RBC Capital Markets upgraded the stock to Sector Perform from Underperform and also raised the price target to $115 from $109. The consensus target is $117.29. The stock closed Tuesday at $100.60, which was down over 4% for the day.

Rite Aid Corp. (NYSE: RAD): This retailer was named as the Bear of the Day at Zacks, which pointed out that competition is fierce and earnings are moving in the wrong direction. Shares most recently closed at $15.37, but the consensus price target is just $13.50.

Santander Consumer USA Holdings Inc. (NYSE: SC): Jefferies downgraded the stock to Hold from Buy and has a $43 price target. The posted consensus target is $38.67. The final trade for Tuesday hit the tape at $40.08.

TopBuild Corp. (NYSE: BLD): JPMorgan upgraded it to Neutral from Underweight and has a $223 price target. The consensus price objective is up at $248.29. The stock closed trading on Tuesday at $189.39, down almost 4% for the day.

Vistra Corp. (NYSE: VST): Wolfe Research raised the stock from Peer Perform to Outperform with a $25 price target. The consensus target is $22.40, and the stock closed Tuesday at $18.34, after pulling back almost 4%.

Wells Fargo & Co. (NYSE: WFC): Keefe Bruyette resumed coverage of the bank with an Outperform rating and a $57 price target. That compares with the consensus target of $48.77 and Tuesday’s final trade of $43.49.


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Tuesday’s early top analyst upgrades and downgrades included American Express, DTE Energy, DuPont, Hologic, Ingersoll Rand, Nvidia and 3M. Analyst calls seen later in the day were on Alibaba, Apple, Squarespace, Virgin Galactic and more.