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Wednesday's Top Analyst Upgrades and Downgrades: AMD, Bluebird Bio, Dollar Tree, Diamondback Energy, Fastenal, Kohl's, Netflix, Palantir, PayPal, Southwestern Energy, Unity Software and More

Dollar Tree Inc. (NASDAQ: DLTR): Piper Sandler upgraded the popular discount retailer to Overweight from Neutral and raised the price objective to $181 from $157. Loop Capital also upgraded the shares, to Buy from Hold, and lifted its $140 target price to $200. The consensus target is $158.17. The shares closed Tuesday at $146.80, up over 4%, and tacked on an additional 3% in premarket action. Some positive changes in the board of directors have investors buying the shares, according to reports.

Domino’s Pizza Inc. (NYSE: DPZ): Loop Capital downgraded the shares from Buy to Hold with a $413 target price. The consensus target is $479.85. The last trade Tuesday was reported at $393.15.

Diamondback Energy Inc. (NASDAQ: FANG): Scotiabank raised its Sector Perform rating to Sector Outperform. BofA Securities cut the shares to Neutral from Buy but lifted the target price to $170 from $165. The stock has traded in a 52-week range of $65.93 to $142.09. The consensus target is $150.82, and the last trade for Tuesday was for $134.44 a share.

Fastenal Co. (NASDAQ: FAST): Wells Fargo upgraded it to Equal Weight from Underweight and moved the $50 target price to $58. The consensus target is in line at $58.53, and the last trade Tuesday was reported at $54.16.

Kohl’s Corp. (NYSE: KSS): BofA Securities resumed coverage of the popular retailer with a Neutral rating and a $60 target price. The consensus target is $64.75. The final trade on Tuesday was reported at $53.25, up over 4% for the day.

Lazard Ltd. (NYSE: LAZ): Morgan Stanley downgraded the stock to Equal Weight from Overweight and has a $40 price target. The consensus target is higher at $51.63. The stock ended Tuesday at $32,17.

Limelight Networks Inc. (NASDAQ: LLNW): Northland Capital upgraded the stock to Outperform from Market Perform and raised the $5 price target to $6.50. The consensus target is $5.50. The stock ended trading on Tuesday at $4.467, which was close to 5% higher for the day.


Magenta Therapeutics Inc. (NASDAQ: MGTA): Goldman Sachs kept a Buy rating on the shares and adjusted the target price to $7 from $8. The consensus target is $11.83. The last trade Tuesday was at $2.73 a share.

Magna International Inc. (NYSE: MGA): BMO Capital Markets downgraded the shares to Market Perform from Outperform and slashed the $89 target price to $63. That compares with a much higher consensus target of $107.20 and Tuesday’s closing print of $56.88.

Moody’s Corp. (NYSE: MCO): Baird started coverage of the rating agency at Outperform with a $363 target price. The consensus target is higher at $403.46. The last trade to hit the tape Tuesday was at $314.00.

Netflix Inc. (NASDAQ: NFLX): Wedbush raised the popular entertainment stock from Underperform to Neutral with a $342 target. The consensus target is $510.19. The stock closed on Tuesday at $341.76.

Northern Oil and Gas Inc. (NYSE: NOG): BofA Securities downgraded the shares to Neutral from Buy but lifted the target price to $38 from $33. The consensus target is $35.92. Tuesday’s final trade was reported at $26.36. down close to 3% for the day.

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