Investing

Monday's Top Analyst Upgrades and Downgrades: American Express, BlackBerry, FedEx, MGM Resorts, Nike, Warby Parker and More

Guidewire Software Inc. (NYSE: GWRE): JMP Securities upgraded the stock to Market Outperform from Market Perform and has a $110 price objective. The consensus target is $107.43. The final trade on Friday was reported at $93.71, up over 4% for the day.

Jacobs Engineering Inc. (NYSE: J): Stifel resumed coverage with a Buy rating and a $159 target price. The consensus target is $158.92, and the final trade on Friday came in at $141.22.

Joann Inc. (NASDAQ: JOAN): Piper Sandler downgraded the retailer to Neutral from Overweight and trimmed the $12 target price to $11. The consensus target is $13.88. The shares were last seen on Friday at $12.18, down over 6% due to guidance that was lower than expected.

KBR Inc. (NYSE: KBR): Stifel resumed coverage with a Buy rating and a $65 price target. The consensus target is $60.56. The stock ended Friday trading at $52.55.

Manchester United PLC (NYSE: MANU): Deutsche Bank upgraded the stock to Buy from Hold and has an $18 price objective on the storied soccer team. The share price has been as high as $20.86 in the past year, but shares closed on Friday at $13.14.

Meridian Bioscience Inc. (NASDAQ: VIVO): Zacks has selected this as its Bull of the Day stock. The analyst points out that a beat-and-raise quarter lifted shares and estimates, as growth in diagnostics returns. The stock last closed at $25.84, and the consensus price target of $30.00 would be a 52-week high.

MGM Resorts International (NYSE: MGM): Susquehanna raised its Negative rating on the casino giant to Neutral and lifted the $36 target price to $45. The consensus target is set higher at $55.63. The stock closed Friday at $42.17.


Nike Inc. (NYSE: NKE): Baird maintained an Outperform rating on the shares with a $192 price target. The consensus target for the athletic shoe and apparel heavyweight is set lower at $169.78. The final Friday trade was reported at $131.24, up over 3%.

Noodles & Co. (NASDAQ: NDLS): Piper Sandler downgraded the stock to Neutral from Overweight and lowered its $10 price target to $7. The consensus target is $11.42. The last trade for Friday came in at $6.54.

Omnicom Group Inc. (NYSE: OMC): Argus upgraded the advertising giant to Buy from Hold and has a $95 target price. The consensus target is $91.20. The stock closed at $84.25 on Friday.

Performance Food Group Co. (NYSE: PFGC): Deutsche Bank started coverage with a Buy rating and a $62 price objective. The consensus target is $64.08, and the stock ended Friday’s session at $53.18.

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