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Friday's Top Analyst Upgrades and Downgrades: Alibaba, Chewy, Danaher, Energy Transfer, LiveNation, Salesforce, Splunk and More

Cintas Corp. (NASDAQ: CTAS): Baird upgraded the stock to Outperform from Neutral and also raised its target price to $425 from $389. The consensus target is posted at $376.63. The stock closed on Thursday at $369.15.

Coupa Software Inc. (NASDAQ: COUP): Goldman Sachs reiterated its Buy rating and has a $383 price target. The consensus target is $289.52. The stock closed trading Thursday at $226.09, which was down almost 10% for the day.

Cryoport Inc. (NASDAQ: CYRX): BTIG Research started coverage with a Buy rating and an $80 price target. The consensus price objective is $76.13. The stock closed at $53.81 on Thursday.

Cummins Inc. (NYSE: CMI): Cowen raised the engine and powertrain giant to Outperform from Neutral with a $284 price target. The consensus target is $292.17. The final trade for Thursday came in at $240.12.

Danaher Corp. (NYSE: DHR): Benchmark started coverage with a Buy rating and a $330 price target. That compares with a $292.32 consensus target and Thursday’s closing trade of $280.95.

Energy Transfer L.P. (NYSE: ET): Wolfe Research not only upgraded the stock to Outperform from Peer Perform but also boosted the price target to $13 from $12. The posted consensus target is $13.06, and the final on Thursday trade hit the tape at $9.79.


FibroGen Inc. (NASDAQ: FGEN): Goldman Sachs lowered the price target on the Neutral-rated shares to $24 from $26 after the FDA Advisory Committee voted against approval for the company’s Roxadustat. The consensus target is $36.71. The stock closed Thursday at $24.84 but was being mauled in premarket trading, down a stunning 35%.

Guidewire Software Inc. (NASDAQ: GWRE): Stifel resumed coverage with a Neutral rating and a $110 price target. The consensus price objective for the stock is $114.25. The shares closed on Thursday at $108.15 apiece.

Honest Co. (NASDAQ: HNST): Loop Capital raised shares of the Jessica Alba-led company to Buy from Hold and has set a $17 price target. The consensus target is higher at $18.75. The shares were last seen Thursday at $14.65, up almost 5% on the day, and were up an additional 2% in the premarket after the company beat earnings expectations.

LiveNation Entertainment Inc. (NYSE: LYV): Goldman Sachs started coverage with a Buy rating and a $110 price target. The consensus target is $91.09. The stock ended trading at $79.93 on Thursday.

LyondellBasell Industries N.V. (NYSE: LYB): BofA Securities downgraded the chemical giant to Neutral from Buy and lowered the target price to $114 from $117. The consensus target is $118.14. The final trade for Thursday was reported at $101.