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Wednesday's Top Analyst Upgrades and Downgrades: Accenture, FedEx, McAfee, PubMatic, ServiceNow, Sofi, Trade Desk and More

Casey’s General Stores Inc. (NASDAQ: CASY): Zacks has selected this convenience store operator as its Bull of the Day. The analyst makes a case that it is time to fuel up for a long-term bet with this stock. Shares last closed at $187.23, and the consensus price target is $225.36.

DXC Technology Co. (NYSE: DXC): MoffettNathanson downgraded the stock to Neutral from Buy and has a $40 price target. The consensus target is $45. The last trade for Tuesday was recorded at $34.50 a share.

FedEx Corp. (NYSE: FDX): Raymond James downgraded the delivery giant to Market Perform from Outperform. The shares have traded in a 52-week range of $234.79 to $319.90 and have a $343.38 consensus price target. The stock closed at $252.07 on Tuesday.

FibroGen Inc. (NASDAQ: FGEN): Goldman Sachs downgraded the stock to Sell from Neutral and dropped the price target to $11 from $16. The consensus target is $21.57. The stock closed Tuesday at $11.24, and the shares were trading 4% lower in Wednesday’s premarket.

Golub Capital BDC Inc. (NASDAQ: GBDC): Oppenheimer started coverage with an Outperform rating and a $16 price target. The consensus target is $16.13. The final trade on Tuesday was reported at $15.36 per share.


LiveRamp Holdings Inc. (NASDAQ: RAMP): Berenberg resumed coverage with a Buy rating and a $64 price target. The consensus target is $71.09. Tuesday’s closing trade came in at $45.42 a share.

McAfee Corp. (NYSE: MCFE): Goldman Sachs resumed coverage with a Neutral rating, and the firm has a $26 price target. The posted consensus target is $29.38. The shares closed on Tuesday at $21.53.

PubMatic Inc. (NASDAQ: PUBM) Berenberg started this meme stock favorite with a Buy rating and a $37 price target. The consensus target is higher at $45.67. The stock closed trading on Tuesday at $27.20, which was up almost 6% for the day.

ServiceNow Inc. (NYSE: NOW): DZ Bank started coverage with a Buy rating and a massive $725 price target. The consensus target across Wall Street for the company is set lower at $658.86. The final trade for Tuesday hit the tape at $654.20.

Simon Property Group Inc. (NYSE: SPG): Argus raised the commercial real estate giant from Hold to Buy with a $142 price target. The consensus target is $149.56. The last trade for Tuesday was reported at $130.38.