PPL Corp. (NYSE: PPL): Wolfe Research upgraded the shares to Outperform from Peer Perform and bumped the price target to $30 from $28. The consensus target is $30.73. The stock closed Wednesday at $26.69.
Rio Tinto Group (NYSE: RIO): Citigroup downgraded the shares to Neutral from Buy. The 52-week trading range is $59.58 to $95.97, and the consensus target price is $83. The shares closed on Wednesday at $77.72.
Shift4 Payments Inc. (NYSE: FOUR): D.A. Davidson started coverage with a Buy rating and a $70 target price. The consensus target is $72.73. The stock closed over 9% higher on Wednesday at $45.77.
Teck Resources Ltd. (NYSE: TECK): Goldman Sachs upgraded the shares from Neutral to Buy with a $51 target price. The consensus price objective is $40.29. The last trade on Wednesday was $40.09.
Valvoline Inc. (NYSE: VVV): J.P. Morgan downgraded the stock to Neutral from Overweight and lowered the $39 target price to $30. The consensus target is $43.25. The shares closed on Wednesday at $30.04.
Verastem Inc. (NASDAQ: VSTM): Stifel started coverage with a Buy rating and a $6 target. The consensus price objective is $6.20, and the last trade for Wednesday came in at $1.38.
XPO Logistics Inc. (NYSE: XPO): Cowen reiterated an Outperform rating and nudged the target price to $117 from $115. The consensus target is $98.22. The stock closed over 13% higher on Wednesday at $70.74 after the announcement of some big changes in the company structure.
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Wednesday’s early top analyst upgrades and downgrades included Advanced Micro Devices, Bluebird Bio, Dollar Tree, Diamondback Energy, Fastenal, Kohl’s, Limelight Networks, Netflix, Palantir Technologies, PayPal, Southwestern Energy, S&P Global and Unity Software. Analyst calls seen later in the day were on Coupang, Foot Locker, Gap, Stitch Fix and more.
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