Investing

Tuesday's Top Analyst Upgrades and Downgrades: Accenture, Bumble, Chevron, Hormel, Lululemon, Nike, Target, Trip.com, Tyson Foods, Unilever, Zoom Video and More

Dril-Quip Inc. (NYSE: DRQ): Tudor, Pickering & Holt lowered its Buy rating to Hold and trimmed the target price to $35 from $38. The consensus target is $30.40. The stock closed Monday at $37.82, which was down over 6% on the day.

Fortive Corp. (NYSE: FTV): Barclays raised its Equal Weight rating to Overweight with a $75 price target. The consensus target is higher at $83.78. Monday’s final trade was reported at $56.96.

Helios Technologies Inc. (NYSE: HLIO): KeyBanc Capital Markets upgraded the stock to Overweight from Sector Weight and has a $90 target price. The consensus target is $101. The stock closed on Monday at $73.26, up almost 4% on the day.

Hormel Foods Corp. (NYSE: HRL): Goldman Sachs downgraded the stock from Neutral to Sell with a $44 target price. The consensus target is $47.38. The stock closed at $50.04 on Monday.

Interpublic Group of Companies Inc. (NYSE: IPG): Barclays downgraded the stock to Equal Weight from Overweight and cut the $47 price target to $42. The consensus target is $41.30. Shares closed almost 4% higher on Monday at $34.17.

LTC Properties Inc. (NYSE: LTC): RBC Capital Markets upgraded the shares to Sector Perform from Underperform, and the $34 target price rose to $37, above the $36.13 consensus target. The stock ended Monday trading at $36.44.

Lululemon Athletica Inc. (NASDAQ: LULU) Bernstein started coverage of the popular yoga apparel retailer with an Underperform rating and a $260 target price. The consensus target is a much higher $433.54. Monday’s closing share price was $289.24.


Natera Inc. (NASDAQ: NTRA): Goldman Sachs began coverage with a Buy rating and a $90 price objective. The consensus target is even higher at $113.70, while the stock was last seen trading at $35.89. That was down almost 8% on Monday after a noted short seller went after the stock, posting a very negative report.

Nike Inc. (NYSE: NKE): Bernstein started coverage of the athletic shoe and apparel giant with an Outperform rating and a $160 price objective. The consensus target is $177.03. The stock closed on Monday at $117.57, down over 4% for the day.

Northern Oil and Gas Inc. (NYSE: NOG): Wells Fargo downgraded the shares to Equal Weight from Overweight and has a $34 target price. Johnson Rice raised its Accumulate rating to Buy with a $50 target price. The consensus target is $36.42. The stock was last seen on Monday at $23.84.

NOV Inc. (NYSE: NOV): Citigroup downgraded the shares to Neutral from Buy and snipped the price target to $21 from $22. The consensus target is $17.79. Monday’s closing trade was reported at $19.79.

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