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Monday's Top Analyst Upgrades and Downgrades: Airbnb, Alcoa, Chewy, ConocoPhillips, Fortinet, Peloton, Salesforce and More

IronNet Inc. (NASDAQ: IRNT): Needham started coverage with a Buy rating and a $29 price target. No consensus target was available. The stock popped over 8% on Friday and closed at $25.76. Shares were down close to 2% in Monday’s premarket.

Peloton Interactive Inc. (NASDAQ: PTON): This is the Zacks Bear of the Day stock. The analyst points out that it has lost 46% of its value in the past eight months and a half months. Shares closed most recently at $92.64 apiece and have a consensus price target of $129.67.

Qorvo Inc. (NASDAQ: QRVO): This chip powerhouse is striving to digitally connect the world, says Zacks, which selected it as the Bull of the Day stock. Shares last closed at $174.05 and have a consensus price target of $220.48, which would be an all-time high.

Salesforce.com Inc. (NYSE: CRM): Goldman Sachs reiterated its Buy rating on the software giant and raised the price target on the shares to $360 from $350. The consensus target is $302.11. The stock closed on Friday at $285.63.

ServiceNow Inc. (NYSE: NOW): Summit Insights resumed coverage with a Buy rating and a $750 target price. This compares with the much lower $664.59 consensus target and Friday’s closing price of $666.31 a share.

Western Union Co. (NYSE: WU): Citigroup raised its Neutral rating to Buy with a $27 price target. The consensus target is $26.40. The stock was last seen trading at $20.23 a share.

Yandex N.V. (NASDAQ: YNDX): UBS upgraded the stock to Buy from Neutral and raised the price target to $111 from $77.50. The stock has traded between $55.62 and $82.62 in the past year and closed Friday at $80.20. The shares were up over 2% in the premarket.


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Friday’s early top analyst upgrades and downgrades included CenterPoint Energy, Cloudflare, Dynavax Technologies, HCA Healthcare, Opendoor Technologies, Roku, Salesforce.com, Spotify Technology and Wheaton Precious Metals. More analyst calls were seen later in the day, including on Barrick Gold, Canadian National Railway, Editas Medicine, Newmont and Salesforce.com.