Investing

Tuesday's Top Analyst Upgrades and Downgrades: Apple, Coinbase, Goldman Sachs, Morgan Stanley, Netflix, Roblox, Twitter and More

PLBY Group Inc. (NASDAQ: PLBY): Zacks selected this stock as its Bear of the Day, citing that analysts are significantly cutting their numbers despite the strong growth forecast for this year. Shares have traded as high as $63.04 in the past year but closed most recently at $10.83, which is down more than 59% year to date.

Roblox Corp. (NYSE: RBLX): Goldman Sachs downgraded the shares to Neutral from Buy and slashed the $108 target price to $50. The consensus target is $67.18. The shares were last seen on Monday at $40.85, down almost 4% for the day, and the selling continued in the premarket, down another 3%.

Tarsus Pharmaceuticals Inc. (NASDAQ: TARS): Oppenheimer reiterated an Outperform rating on the stock and has a $55 price objective. The consensus target is $53.71. The last trade on Monday was filled at $18.26.

Twitter Inc. (NYSE: TWTR) Rosenblatt started coverage with a Neutral rating and a $48 target price. The consensus target is $43.93. The stock closed on Monday at $48.45, up over 7% on the day as Elon Musk continues his efforts to purchase the company.

UnitedHealth Group Inc. (NYSE: UNH): Oppenheimer maintained an Outperform rating on the giant health care provider and has a $600 price objective. The consensus target is $541.43. The final trade for Monday was reported at $534.08.

Wells Fargo & Co. (NYSE: WFC): Baird reiterated an Outperform rating on the money center giant and has a $60 target price. The consensus target is $61.43. The shares ended trading on Monday at $47.17.

Zions Bancorp. (NASDAQ: ZION) Baird raised its Underperform rating to Neutral and has a $60 target price. The consensus target is $74. Monday’s closing share price was $63.68.


See why four top shipping stocks that have acted extremely well in the face of some turbulent trading, and that in some cases pay double-digit dividends, may be among the best bets for investors for the second quarter and the rest of 2022.


Monday’s top analyst upgrades and downgrades included Bed Bath & Beyond, Delta Air Lines, Enphase Energy, GoDaddy, Invitation Homes, Luminar Technologies, PagSeguro Digital, Qualcomm, Shopify and Verastem. Analyst calls seen later in the day were on CSX, Gap, Progressive, Peloton Interactive, Sirius XM, United Airlines and more.

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