Investing

Monday's Top Analyst Upgrades and Downgrades: Adobe, Analog Devices, Colgate, Novartis, Salesforce, Workday and More

RH (NYSE: RH): This luxury furniture retailer was named as the Bull of the Day at Zacks, which points out that the company just crushed earnings expectations once again. Its shares most recently closed at $672.15 apiece and have a consensus price target of $764.79.

Ritchie Bros. Auctioneers Inc. (NYSE: RBA): RBC Capital Markets started coverage with a Sector Perform rating and a $65 price target. The consensus target price is $62.67. Friday’s last trade came in at $61.57.

Ruth’s Hospitality Group Inc. (NASDAQ: RUTH): Piper Sandler raised the popular high-end steakhouse’s stock to Overweight from Neutral and nudged the price target up to $29 from $25. The consensus target is $25.90. The last trade for Friday was at $20.23.

Salesforce.com Inc. (NYSE: CRM): Wells Fargo started coverage with an Overweight rating and a $325 price target. The consensus target is just $297.74. The stock closed on Friday at $260.53.

Teradata Corp. (NYSE: TDC): Morgan Stanley’s upgrade to Overweight from Equal Weight included a target price boost to $66 from $55. The consensus price target is $57.18, and the shares were last seen on Friday at $50.61.

Visteon Corp. (NASDAQ: VC): Though Jefferies upgraded it to Buy from Hold, the firm lowered the target price to $116 from $122. The consensus target is $127.86. The last trade on Friday hit the tape at $85.46.

Workday Inc. (NASDAQ: WDAY): Wells Fargo started coverage with an Overweight rating and a $320 price target. That compares with the lower consensus target of $301.70, as well as Friday’s $268.51 closing share price.


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Friday’s early top analyst upgrades and downgrades included BJ’s Wholesale Club, Cirrus Logic, Cree, DTE Energy, Las Vegas Sands, O’Reilly Automotive, Realty Income and Take-Two Interactive Software. More analyst calls were seen later in the day, including on Adobe, Alphabet, CSX, Facebook, Lululemon Athletica and Nvidia.