Investing

Wednesday's Top Analysts Upgrades and Downgrades: Bloomin' Brands, ChargePoint, Clorox, Cloudflare, Intel, Novavax, Owens Corning, Palo Alto Networks, PPL and More

PPL Corp. (NYSE: PPL): Though RBC Capital Markets upgraded the stock to Outperform from Sector Perform, it trimmed the price target to $31 from $32. The consensus target is $31.73. Tuesday’s final trade was reported at $26.81, up close to 3% on the day.

Privia Health Group Inc. (NASDAQ: PRVA): Cowen raised its Market Perform rating to Outperform with a $35 price target. The consensus target is $41.44. The stock closed Tuesday at $25.08, a huge 12% gain for the day.

Quidel Corp. (NASDAQ: QDEL): Raymond James upgraded the stock to Strong Buy from Outperform, but it also lowered the $155 target price to $130. The consensus target is up at $166.33. The shares were last seen Tuesday at $103.09, up over 5% after very bullish analyst comments.

Rackspace Technology Inc. (NASDAQ: RXT): BMO Capital Markets downgraded the shares to Market Perform from Outperform and slashed the $18 price target to $10.50. Deutsche Bank cut the stock from Buy to Hold with a $9 target price. The consensus target is $20.88 for now. The shares closed Tuesday at $10.85, down almost 9% on the day, and they were taking an additional beating in premarket action, down an additional 23% despite beating fourth-quarter earnings and revenue estimates.

TechTarget Inc. (NASDAQ: TTGT): The pandemic was the exact digital jump-starter this company needed to solidify its dominance of behavioral data analytics in the booming tech space, says Zacks, which selected it as the Bull of the Day stock. Shares last closed at $73.38 and have a consensus price target of $106.14.

Visteon Corp. (NASDAQ: VC): Goldman Sachs raised the price target to $156 from $119, while upgrading the stock to Buy from Neutral. The consensus target is much lower at $126.53. The final trade on Tuesday was reported at $127.66, up over 6% after Goldman Sachs posted very bullish commentary on the company.


Seven top stocks are popular with analysts and come with dependable and generous monthly dividends. Adding some of them to a growth and income portfolio makes good sense in these very turbulent times.

Tuesday’s early top analyst upgrades and downgrades included Advanced Micro Devices, Baxter International, Constellation Energy, CrowdStrike, Datadog, Nutrien, Sandstorm Gold, SentinelOne and Zhihu. Analyst calls seen later in the day were on DraftKings, GE, Goodyear, Splunk and more.

Sponsored: Find a Qualified Financial Advisor

Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.