Investing

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

Oasis Petroleum Inc. (NYSE: OAS): MKM Partners reiterated its Buy rating on the stock and boosted the target price to $178 from $170. The consensus target is in line at $178.57. The shares were last seen Tuesday at $147.38, down over 3% on the day.

Palantir Technologies Inc. (NYSE: PLTR): Piper Sandler started coverage with an Overweight rating and a $15 target price. The consensus target is $15.06. The closing share price on Tuesday was $11.04. The shares traded almost 5% higher in premarket action.

PayPal Holdings Inc. (NASDAQ: PYPL): BofA Securities downgraded the shares to Neutral from Buy and cut the target price to $107 from $175. The consensus target is $182.39. The shares ended trading on Tuesday at $94.90.

Pegasystems Inc. (NASDAQ: PEGA): Truist Securities started coverage with a Buy rating and a $110 price target. The consensus target is up at $131. The closing trade for Tuesday came in at $77.20.

Revolve Group Inc. (NYSE: RVLV): Stifel initiated coverage on the shares with a Buy rating and a $51 target price. The consensus target is much higher at $70.88. The last trade on Tuesday was reported at $41.68, which was up almost 5%.

Southwestern Energy Co. (NYSE: SWN): BofA Securities upgraded the stock to Neutral from Underperform and boosted the target price to $9 from $5. The consensus target is $7.09. The stock was last seen on Tuesday at $5.60

S&P Global Inc. (NYSE: SPGI): Goldman Sachs started coverage with a Buy rating and a $485 target price. Barclays initiated coverage with an Overweight rating and a $500 price objective. The consensus target is $488.15. The last trade on Tuesday came in at $388.13.

Unity Software Inc. (NYSE: U): Jefferies started coverage with a Hold rating and a $100 target price. That compares with a much higher consensus target of $157.98 and Tuesday’s closing price of $81.08 per share.


Given recent geopolitical events, Goldman Sachs notes that vigilance at every level is now a huge priority to ensure cybersecurity and that six top companies will benefit from the increased spending across the industry.

Tuesday’s early top analyst upgrades and downgrades included AngloGold Ashanti, Ares Capital, Bank of America, Beyond Meat, Bluebird Bio, Coinbase Global, ConocoPhillips, Dell Technologies, Empire State Realty Trust, HollyFrontier, MicroVision, Next Era Energy, Okta and TAL Education. Analyst calls seen later in the day were on BP, Caterpillar, Riot Blockchain 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.