Tuesday's Top Analyst Upgrades and Downgrades: Dominion Energy, FireEye, Intuit, Occidental Petroleum, Unity Software, Virgin Galactic and More

RedHill Biopharma Ltd. (NASDAQ: RDHL): Cantor Fitzgerald started coverage with an Overweight rating and a $22 price target. The last trade for Monday hit the tape at $8.59. Analysts have a consensus price target of $19.64.

Textron Inc. (NYSE: TXT): Cowen upgraded it to Outperform from Market Perform and raised the price target to $95 from $75. The closing share price on Monday was $71.94. The 52-week trading range is $31.82 to $74.80.

Unity Software Inc. (NYSE: U): Macquarie started coverage with an Outperform rating and a $152 price target. Shares last closed at $126.34, and the consensus price target is just $130.23.

Virgin Galactic Holdings Inc. (NYSE: SPCE): Jefferies initiated coverage with a Buy rating and a $33 price target. The stock was last seen on Monday trading at $24.88, in a 52-week range of $14.27 to $62.80.

Zymergen Inc. (NASDAQ: ZY): UBS downgraded the stock to Neutral from Buy and cut the price target to $13 from $56. The shares most recently closed at $13.00 and have a consensus price target of $26.20.

Five red-hot tech stocks are among the top new additions for high-turnover hedge funds, meaning that the portfolio managers see upside from levels printed recently. These stocks have Buy ratings at top Wall Street firms and look like outstanding ideas for aggressive growth investors.

Alibaba and Robinhood were among the meme stocks on the move early Tuesday.

Monday’s top analyst upgrades and downgrades included American Express, Capital One, Levi Strauss, Pinterest, Peloton, Synchrony and T-Mobile. More analyst calls were seen later in the day, including on CrowdStrike, EQT and Magnolia Oil & Gas.

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