Investing

Friday's Top Upgrades and Downgrades: Amgen, Block, Dell, Exxon, GameStop, Lockheed Martin, Snowflake, Western Union, Wynn Resorts and More

Dell Technologies Inc. (NYSE: DELL): Goldman Sachs downgraded the stock to Neutral from Buy and lowered the price target to $61 from $68. The consensus target is $64.64. The stock was last seen Thursday at $50.19, down almost 8% on the Goldman Sachs downgrade. The shares also were removed from the firm’s Conviction List of top stock picks.

Exxon Mobil Corp. (NYSE: XOM): Goldman Sachs reiterated a Buy rating on the integrated energy giant and kept a $102 price target. The consensus target is lower at $87.40. The stock was last seen on Thursday at $82.59.

Flex Ltd. (NASDAQ: FLEX): Stifel maintained a Buy rating and a $21 target price after a positive meeting with management. The shares closed Thursday at $18.55, up close to 7% on the day.

GameStop Corp. (NYSE: GME): The Zacks Bear of the Day is a trading mechanism at best (losing lottery-ticket at worst), not a buy and hold investment, says the analyst. Shares have traded as high as $344.66 in the past year but closed most recently at $166.58.

Globant S.A. (NYSE: GLOB): Jefferies reiterated a Buy rating on the stock and has a $335 price target, despite a reported cybersecurity incident at the company. The consensus target is $349.33. The shares closed on Thursday at $262.07, up almost 6% for the day.

Hub Group Inc. (NASDAQ: HUBG): Stephens downgraded the stock to Equal Weight from Overweight and trimmed the $97 target price to $93. The consensus target is $95.64. The final Thursday trade came in at $77.21, down over 4% for the day.

Huntsman Corp. (NYSE: HUN): BofA Securities resumed coverage with a Buy rating and a $46 target price. The consensus price objective is $46.28. The last trade on Thursday was reported at $37.51.

Jabil Inc. (NYSE: JBL): Zacks has picked this stock as its Bull of the Day. The analyst suggests its diverse set of future-focused manufacturing expertise is built for the new, highly adaptable and rapidly digitalizing economy. Shares last closed at $61.73, and the consensus price target of $80.43 would be an all-time high.

L3 Harris Technologies Inc. (NYSE: LHX): Jefferies maintained a Buy rating on the defense giant and has a $320 target price. The shares have traded as high as $279.71 in the past year but were last seen Thursday at $248.47.


Lockheed Martin Corp. (NYSE: LMT): Jefferies reiterated a Hold rating on the aerospace and defense heavyweight and has a $505 target price. The consensus target is $458.59, and Thursday’s final trade was reported at $441.40.

PulteGroup Inc. (NYSE: PHM): Barclays downgraded the stock to Equal Weight from Overweight and cut the target price to $49 from $72. The consensus target is $66.08. The shares were last seen Thursday at $41.90, down over 5% on the day.

PVH Corp. (NYSE: PVH): Goldman Sachs lowered the price target on the Buy-rated shares to $121 from $140. The consensus target is $118, and Thursday’s closing print of $76.61 was down over 7% for the day.

RH Inc. (NYSE: RH): Goldman Sachs cut the $539 price target to $466 while maintaining a Neutral rating on the stock. The consensus target is $552. The stock closed on Thursday at $326.09.

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