Investing

Friday's Top Analyst Upgrades and Downgrades: FedEx, Fiserv, Gilead Sciences, Nvidia, Pfizer, Target, TJX, Victoria's Secret and More

FedEx Corp. (NYSE: FDX): Zacks has selected this package delivery giant as its Bull of the Day. The analyst makes a case that the stock has become a victim of its own success and faces substantial near-term headwinds in the form of rising labor costs and supply chain bottlenecks. Shares last closed at $244.72, and the consensus price target is $302.97.

Fiserv Inc. (NASDAQ: FISV): UBS started coverage with a Neutral rating and a $108 target price. The consensus target is up at $135.70. The stock ended Thursday’s trading session at $101.25.

Gilead Sciences Inc. (NASDAQ: GILD): BMO Capital Markets raised the biotech leader to Outperform from Market Perform and boosted the price target to $85 from $72. The consensus target is $76.45. The stock was last seen on Thursday at $67.79.

Global Payments Inc. (NYSE: GPN): UBS started coverage with a Buy rating and a $161 price objective. The much higher $203.14 consensus target compares with Thursday’s closing print of $126.85.

Hain Celestial Group Inc. (NASDAQ: HAIN): Evercore ISI raised its In Line rating to Outperform and nudged the $46 price target to $48. The consensus target is $50.40. The stock closed at $41.98 on Thursday.

Hilton Grand Vacations Inc. (NYSE: HGV): The Jefferies upgrade to Buy from Hold included a target price hike to $62 from $46. The consensus target is $54.25. The shares were last seen on Thursday at $55, which was up almost 6% for the day as the company is seeing very strong leisure demand.

Ingersoll-Rand Inc. (NYSE: IR): Wells Fargo raised the industrial giant to Overweight from Equal Weight and lifted the price target to $68 from $58. The consensus target is set at $64.07. The shares closed Thursday at $60.90 up almost 3%


Jack Henry & Associates Inc. (NASDAQ: JKHY): UBS started coverage with a Neutral rating and a $162 price target. The consensus target is higher at $178.71. The last trade on Thursday came in at $151.80.

Nvidia Inc. (NASDAQ: NVDA): Along with 10 other Wall Street firms, Jefferies reiterated its Buy rating, and it raised the target price to $370 from $260. Truist Securities maintained a Buy rating and boosted the $360 price objective to $389, while Needham kept a Buy rating, and its target price exploded from $245 to $400. The consensus target for now is $272.31, but that will be much higher soon. The stock closed Thursday at $316.75, almost 9% higher after posting blowout earnings and huge metaverse advances.

Oatly Group AB (NASDAQ: OTLY): Morgan Stanley raised the stock to Overweight from Neutral but slashed the price target to $14 from $20. The consensus target is $18. The stock closed on Thursday at $9.87.

PetMed Express Inc. (NASDAQ: PETS): Morgan Stanley started coverage with an Underweight rating a $25 price target. The consensus target is up at $32. Thursday’s closing share price was $29.49.

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