Investing

Wednesday's Top Analyst Upgrades and Downgrades: Adobe, Alcoa, Apple, Boeing, Palantir, Urban Outfitters, Tyson Foods, Wendy's and More

Apple Inc. (NASDAQ: AAPL): Goldman Sachs updated its stance on the technology giant but kept a Neutral rating and a $142 price target. The higher $168.45 consensus target is above Tuesday’s closing price of $151.00 a share.

Aramark Holdings Inc. (NYSE: ARMK): Goldman Sachs reiterated an Outperform rating on the shares and kept a $42 price target. The consensus target is $40.42. The stock closed on Tuesday at $38.24.

Avis Budget Group Inc. (NASDAQ: CAR): While Barclays cut its Equal Weight rating on the rental car giant to Underweight, it also raised the $125 target price to $217. The consensus target is $163.57. However, the shares closed trading on Tuesday at $281.50.

Ballard Power Inc. (NASDAQ: BLDP): Citigroup downgraded the shares to Neutral from Buy and has a $19 price target. The consensus target is $22.71. The closing share price on Tuesday was $17.84.

Boeing Co. (NYSE: BA): Wells Fargo raised shares of the aerospace and defense giant to Overweight from Equal Weight, and it lifted the $224 price target to $272. The consensus target is around $260, but the stock closed on Tuesday at $225.80, after pulling back almost 4% for the day.

Checkpoint Software Technologies Ltd. (NASDAQ: CHKP): Credit Suisse started coverage of the legacy cybersecurity company’s stock with an Underperform rating and a $100 target price. The consensus target is up at $134.03. Tuesday’s final trade was reported at $116.84 a share.


Dillard’s Inc. (NYSE: DDS): Zacks named this retailer its Bull of the Day. The analyst pointed out that strong earnings have taken this stock to all-time highs. The stock most recently closed at $360.35, having overrun its consensus price target of $221.67.

Hyatt Hotels Corp. (NYSE: H): Wells Fargo’s upgrade to Overweight from Equal Weight included a target price hike to $96 from $82. The consensus target is $83.66, in line with Tuesday’s final share price of $83.67.

Old Dominion Freight Line Inc. (NASDAQ: ODFL): UBS downgraded shares of the trucking giant to Neutral from Buy but raised the target price to $365 from $288. The consensus target is lower at $319.23. The final trade for Tuesday came in at $361.35.

Palantir Technologies Inc. (NASDAQ: PLTR): Credit Suisse started coverage with a Neutral rating and a $25 price target. The consensus target is $23.66. The stock closed at $23.13 on Tuesday.

Sponsored: Tips for Investing

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.