Thursday’s Top Analyst Upgrades and Downgrades: AT&T, Alibaba, Ally Financial, BioMarin, Box, Citrix Systems, Five Below, Nio, TJX and More

Five Below Inc. (NASDAQ: FIVE): Morgan Stanley raised its Equal Weight rating on the popular retailer to Overweight with a $230 price target. The consensus target is $231.79. The last trade for Wednesday was reported at $175.75.

Gogo Inc. (NASDAQ: GOGO): JPMorgan upgraded the stock to Neutral from Underweight and has a $16 price target. The consensus target is $16.42. The stock closed on Wednesday at $14.98, which was down almost 13% for the day. The shares were coming back in the premarket, up over 4%.

KKR & Co. Inc. (NYSE: KKR): Jefferies resumed coverage of the financial conglomerate with a Buy rating and a $74 price target. The consensus target is $76.46. Wednesday’s final trade came in at $61.86 a share.

Nio Inc. (NYSE: NIO): Goldman Sachs upgraded the electric vehicle company to Buy from Neutral and has a $53 price target. The posted consensus target is up at $60. The shares closed Wednesday at $33.66.

Schlumberger Ltd. (NYSE: SLB): JPMorgan upgraded the oilfield services behemoth to Overweight from Neutral and lifted the price target to $37 from $28. The stock ended Wednesday trading at $29.94.

Teradyne Inc. (NYSE: TER): D.A. Davidson raised its Neutral rating to Buy and boosted the $135 price target to $140. The consensus target is up at $148.32. The closing share price on Wednesday was $109.

TJX Companies Inc. (NYSE: TJX): This retailer was named as the Bull of the Day stock at Zacks, which said that a new wave of consumers is being ushered into this flourishing economy with a penchant for value and convenience. Shares most recently closed at $64.33 and have a consensus price target of $84.59, which would be an all-time high.

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Meme stock movers on Wednesday included Palantir and Workhorse. Cathie Wood’s ARK Invest bought a million shares of a mobile gaming platform provider.

Wednesday’s early top analyst upgrades and downgrades included American Airlines, Bed Bath & Beyond, Chipotle Mexican Grill, Domino’s Pizza, Freeport-McMoRan, Hyatt Hotels, Square and United States Steel. Analyst calls seen later in the day were on Delta Air Lines, Marriot International, McDonald’s, Seagate Technology and more.

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