Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM): Zacks named this as its Bull of the Day stock. The analyst suggested it represents the best parts of the semiconductor industry as it supports the fabrication of virtually all leading-edge chip innovators. Shares last closed at $122.48 and have a consensus price target of $158.88, which would be an all-time high.
Teradyne Inc. (NASDAQ: TER): KeyBanc Capital Markets initiated coverage with an Overweight rating and a $180 price target. The consensus price objective is $165.67. The final trade on Tuesday was reported at $138.29, down over 6% on the day.
Twilio Inc. (NYSE: TWLO): Atlantic Equities started coverage with an Overweight rating and a $240 price objective. The consensus price target is a stunning $400.84. The final trade on Tuesday was reported at $185.84.
ViacomCBS Inc. (NASDAQ: VIAC): KeyBanc Capital Markets upgraded the broadcasting and programming heavyweight to Sector Weight from Underweight. Over the past 52 weeks, the shares have traded in a wide range of $28.29 to $101.97, and they have a consensus target of $47.69. The final trade on Tuesday was at $32.86 a share.
VMware Inc. (NYSE: VMW): Macquarie resumed coverage with an Outperform rating and a $157 target price. The consensus target is $150.56. The final trade for Tuesday was at $122.65.
Xcel Energy Inc. (NASDAQ: XEL): Evercore ISI raised the stock to Outperform from In Line and has a $75 target price. The consensus target is $72.53. Tuesday’s closing share price was $67.88.
ZScaler Inc. (NASDAQ: ZS): Citigroup started coverage with a Buy rating and a $310 target price. The consensus price objective is $386.06. The last trade on Tuesday came in at $228.88, down almost 6% on the day.
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Tuesday’s early top analyst upgrades and downgrades included Ballard Power Systems, CF Industries, Deere, Dun & Bradstreet, Grab, Infinera, Nike, Palo Alto Networks, Plug Power, Sunrun, Schlumberger, UBS and VMware. Analyst calls seen later in the day were on American Airlines, Kroger, Marathon Petroleum, U.S. Bancorp and more.
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