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Tuesday's Top Analyst Upgrades and Downgrades: Adobe, AMD, Bank of New York, Carlyle, Chewy, CVS Health, Fifth Third Bancorp, Luminar, Nike, Pinterest, Walgreens and More

Chewy Inc. (NYSE: CHWY): Jefferies reiterated a Buy rating and has a $90 target price. The consensus target is $71.25. The last trade on Monday was for $48.80, which up close to 7% for the day.

Cleveland-Cliffs Inc. (NYSE: CLF): Goldman Sachs raised the $27 price target to $31 and maintained a Buy rating. The consensus target is $29.93. Monday’s $33.07 close was above both targets.

Cutera Inc. (NASDAQ: CUTR): Stifel boosted its $60 price target on the Buy-rated shares to $70. The consensus target is $63. The stock closed Monday at $60.92, up close to 11% after the FDA approved the company’s AviClear treatment for acne.

CVS Health Corp. (NYSE: CVS): Deutsche Bank downgraded the health care heavyweight to Hold from Buy and has a $110 target price. The consensus target is $117.24. The last trade for Monday was reported at $108.04.

Fifth Third Bancorp (NASDAQ: FITB): Morgan Stanley downgraded the shares to Equal Weight from Overweight and sliced the price objective to $50 from $56. The consensus target is $51.91. Shares closed on Monday at $45.80.

Fortinet Inc. (NASDAQ: FTNT): Barclays upgraded the cybersecurity leader to Overweight from Equal Weight and boosted the target price to $395 from $364. The consensus target is $358.73. The stock closed on Monday at $338.53.

Jakks Pacific Inc. (NASDAQ: JAKK): Zacks has named this toy company its Bull of the Day stock, citing its shift in focus to boosting online sales. Shares last closed at $14.17 and have a consensus price target of $15.33.

Kennametal Inc. (NYSE: KMT): J.P. Morgan downgraded the stock to Underweight from Neutral and chopped the price target to $31 from $37. The consensus target is $38. Monday’s final trade was reported at $28.88.

Knight-Swift Transportation Holdings Inc. (NYSE: KNX): Stifel trimmed its price target on the trucking giant to $71 from $72 while keeping a Buy rating on the shares. The consensus target is $68.42. The shares were last seen on Monday at $53.35.


Lending Tree Inc. (NASDAQ: TREE): Oppenheimer maintained an Outperform rating with a $190 target price. The consensus target is $187.13. The last trade Monday was posted at $119.50.

Luminar Technologies Inc. (NASDAQ: LAZR): SMBC Nikko started coverage with a Neutral rating and a $16 target price. The consensus target is up at $23.91. The stock was last seen Monday trading at $14.82.

Nike Inc. (NYSE: NKE): Goldman Sachs reiterated a Buy rating and has a $177 target price. The consensus target is $168.40. The shares were last seen Monday at $134.80.

NuVasive Inc. (NASDAQ: NUVA): Wells Fargo started coverage with an Overweight rating and a $58 target price. The consensus target is $62. The stock closed almost 8% higher on Monday to $55.97.

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