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Friday's Top Analyst Upgrades and Downgrades: BP, Cloudflare, Expedia, FireEye, Marathon Oil, Moderna, ViacomCBS and More

Cloudflare Inc. (NYSE: NET): Baird downgraded the cybersecurity stock to Neutral from Outperform but raised the price target to $117 from $95. That compares with the $100.73 consensus target and Thursday’s closing print of $121.46. The stock was down almost 5% in premarket trading after the company reported a second-quarter loss.

Diodes Inc. (NASDAQ: DIOD): Cowen reiterated its Outperform rating and bumped the $100 price target up to $110. The consensus target is $91.67. The shares were last seen on Thursday at $87.38.

Dynavax Technologies Corp. (NASDAQ: DVAX): Goldman Sachs started coverage with Buy rating and a $19 price target. That compares with a consensus target of $18.67 and Thursday’s last trade of $10.33. Shares were up over 5% in premarket trading.

Expedia Group Inc. (NASDAQ: EXPE): JMP Securities downgraded the shares to Market Perform from Market Outperform. The online travel giant’s stock has traded between $80.89 and $187.93 a share over the past year, and it has a $192.46 consensus price target. The final trade for Thursday was reported at $161.69, which was up almost 6% on the day. The shares retreated almost 7% in the premarket.

FireEye Inc. (NASDAQ: FEYE): Baird downgraded the cybersecurity stock to Neutral from Outperform and lowered the price target to $20 from $24. The consensus price objective is $22.48. The stock was last seen on Thursday at $20.09. However, shares were hit hard in premarket action, down almost 10%.

Generac Holdings Inc. (NYSE: GNRC): Credit Suisse began coverage with an Outperform rating and a $520 price target. The consensus target for the home generator leader is lower at $437. The last trade for Thursday came in at $407.72 a share.


iTron Inc. (NASDAQ: ITRI): Baird downgraded the shares to Neutral from Outperform and also dropped the price target to $75 from $100. The posted consensus target is $115.33. The stock closed on Thursday at $71.84.

Leslie’s Inc. (NASDAQ: LESL): BofA Securities raised shares the pool equipment and supplies retailer to Buy from Neutral and has a $36 price target. The consensus target is $34.09. The stock ended Thursday at $22.65, after declining almost 7% on the day despite posting record results. Shares rebounded almost 3% in the premarket.

Marathon Oil Corp. (NYSE: MRO): Scotiabank upgraded the energy giant from Sector Perform to Sector Outperform with an $18 price target. That compares with the $15.48 consensus target and Thursday’s closing print of $11.79, which was up almost 7% for the day after the company posted earnings that beat estimates.

Minim Inc. (NASDAQ: MINM): H.C. Wainwright started coverage with a Buy rating and a $4 price target. No consensus target was available. Thursday’s last trade was reported at $2.36.

Moderna Inc. (NASDAQ: MRNA): Oppenheimer downgraded the shares to Perform from Outperform, and Piper Sandler downgraded the COVID-19 vaccine developer to Neutral from Overweight, though it raised its target price to $445 from $246. The consensus target is a surprising $184.92. The stock closed at $416.26 on Thursday.