Investing

Thursday's Top Analyst Upgrades and Downgrades: Boeing, Capital One, Coinbase, Electronic Arts, Harley-Davidson, Peloton, Walmart, Wynn Resorts and More

Jack Henry & Associates Inc. (NASDAQ: JKHY): Oppenheimer reiterated an Outperform rating with a $220 target price. That compares with the lower $191.67 consensus target and Wednesday’s close at $178.18.

ON Semiconductor Corp. (NASDAQ: ON): Wells Fargo’s upgrade to Overweight from Equal Weight included a target price hike to $65 from $58. The consensus target is $72.48. The shares closed almost 4% lower on Wednesday at $51.77. The stock was up almost 2% in the premarket trading.

Peloton Interactive Inc. (NASDAQ: PTON): Baird maintained an Outperform rating on the troubled stock but lowered the $46 target price to $25. The consensus target is $42.79 for now. The stock closed over 4% lower on Wednesday at $12.34.

Playtika Holding Corp. (NASDAQ: PLTK): Goldman Sachs reiterated a Neutral rating after the company posted less than stellar earnings. The analyst has a $17 price target, but the consensus target is $26.50. Wednesday’s closing share price was $12.48.

TransDigm Group Inc. (NYSE: TDG): Baird reiterated an Outperform rating with a $720 target price. The consensus target is up at $743.89. The stock closed on Wednesday at $570.77.

Unity Software Inc. (NYSE: U): Stifel lowered the $150 price target to $100 but stuck with a Buy rating. The consensus price objective is $157.98 for now, and Wednesday’s close at $30.30 was down 37% in the wake of awful first-quarter results, with Apple advertising changes as a big component.

Walmart Inc. (NYSE: WMT): Jefferies kept a Buy rating on the retail heavyweight and has a $175 target price. The consensus target is $166.47. The stock closed on Wednesday at $147.62.

Wynn Resorts Ltd. (NASDAQ: WYNN) Stifel maintained a Buy rating on the luxury casino heavyweight but cut the $139 target price to $112. The consensus target is $103.13. The stock closed almost 5% lower on Wednesday at $58.85.


Seven Warren Buffett stocks are quality defensive names that make sense now for growth and income investors worried about the potential for a continued steep market decline.


Wednesday’s early top analyst upgrades and downgrades included Affirm, Bausch + Lomb, Electronic Arts, EOG Resources, Foot Locker, Ford, GoodRx, Goodyear Tire, Healthcare Trust of America, Simon Property, Tesla and Unity Software. Analyst calls seen later in the day were on Carvana, Coinbase, Planet Fitness, Peloton and more.

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