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Monday's Top Analyst Upgrades and Downgrades: Analog Devices, Bilibili, Chewy, Dish Network, DR Horton, HPE, Krispy Kreme, Southwest Airlines and More

AvePoint Inc. (NASDAQ: AVPT): Citigroup started coverage with a Neutral rating and a $13 price target, while William Blair started the shares with a Buy rating. The stock had a recent SPAC conversion, so no consensus has been set yet. The shares closed on Friday at $11.45.

Bilibili Inc. (NASDAQ: BILI): CLSA downgraded the shares to Outperform from Buy and lowered the price target to $114 from $128. The consensus price objective is up at $146.24. The stock plunged over 12% on Friday to close at $95.21. The selling continued in Monday’s premarket, with the stock down an additional 7%.

Casey’s General Stores Inc. (NASDAQ: CASY): BMO Capital Markets raised the stock to Outperform from Market Perform and also raised the target price to $235 from $200. The consensus target for the stock is posted at $223.40. Friday’s final trade came in at $195.15.

Chewy Inc. (NYSE: CHWY): This stock was named as the Bull of the Day at Zacks, which said that the specialty retailer’s outlook remains strong and the stock is starting to regain momentum. Shares most recently closed at $86.74 and have a consensus price target of $97.32.

DiDi Global Inc. (NASDAQ: DIDI): Atlantic Equities downgraded the stock from Overweight to Neutral with a $25 price target. The consensus price target is $24.97. The stock closed Friday at $8.06, down another 20% on the day, as Beijing punishes the ride-hailing group for alleged data security lapses on the back of its blockbuster New York listing. The shares were another 12% lower in premarket action.

Dish Network Corp. (NASDAQ: DISH): MoffettNathanson raised its Sell rating to Neutral and also hiked the price target to $40 from $15. The posted consensus target is $49.59. The stock closed on Friday at $41.68.


D.R. Horton Inc. (NYSE: DHI): Wedbush raised its rating on the homebuilder to Outperform from Neutral and also lifted the price target to $125 from $94. The consensus target is $108.31. The stock ended trading Friday at $93.55, which was up almost 5% on the day.

Hewlett Packard Enterprise Co. (NYSE: HPE): Evercore ISI’s upgrade to Outperform from In line included a price target hike to $20 from $16. The consensus price objective is $17.16, and the stock was last seen Friday at $14.10 a share.

Krispy Kreme Inc. (NASDAQ: DNUT): Truist Securities started coverage on the donut giant with a Buy rating and a $25 price target, while Deutsche Bank began coverage with a Neutral rating and a $17 target. The stock reemerged in a recent initial public offering and has traded between $15.50 and $21.69 since the deal priced. The shares were last seen Friday at $16.71, up almost 4% on the day.

Lowe’s Companies Inc. (NYSE: LOW): Wedbush downgraded the retail giant to Neutral from Overweight and lowered the price target to $210 from $225. That compares with a consensus price target of $228.75 and Friday’s last trade at $200.84 a share.