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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.