Tuesday's Top Analyst Upgrades Downgrades: AMD, American Eagle Outfitters, Coinbase, Dell, Marathon Petroleum, Netflix, Spotify and More

NetApp Inc. (NASDAQ: NTAP): Deutsche Bank upgraded the shares to Buy from Hold but lowered the target price to $84 from $90. The consensus target is $88.68. The stock closed on Monday at $64.47.

Netflix Inc. (NASDAQ: NFLX): Benchmark’s downgrade was from Hold to Sell with a $157 target price. The consensus target is $316.71 for now. The stock closed almost 8% lower on Monday at $169.69.

New Residential Investment Corp. (NYSE: NRZ): Piper Sandler cut its Neutral rating to Underweight and lowered its $12 price target to $10. The consensus target is $12.88 for now. The final trade Monday was reported at $9.05, down almost 17% on the day, on no news we could source.

Quanta Services Inc. (NYSE: PWR): The UBS upgrade to Buy from Neutral included a price target hike to $156 from $140. The consensus target is $144.31. The stock was last seen Monday at $125.81.

Spotify Technology S.A. (NYSE: SPOT): Goldman Sachs maintained a Neutral rating with a $133 target price after a reasonably positive analyst day. The consensus target is higher at $147.30. The stock closed on Monday at $98.61.

Stitch Fix Inc. (NASDAQ: SFIX): Baird lowered its $11 price target to $7 while keeping a Neutral rating. The consensus target is $9.07. The final trade Monday was filled at $6.34.

Textron Inc. (NYSE: TXT): Jefferies reiterated a Buy rating with a $90 price target. The consensus target is lower, and the shares ended Monday trading at $60.01.

Volta Inc. (NASDAQ: VLTA): Cantor Fitzgerald downgraded the shares to Neutral from Overweight and dropped the $6 target price to $4. The consensus target is $4.71 for now. The shares closed Monday at $1.65, down 25% on no news except the downgrade and the market sell-off.

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Monday’s early top analyst upgrades and downgrades included DocuSign, Electronic Arts, Enterprise Products Partners, GoodRx, Netflix, Spirit Airlines, Take-Two Interactive Software, Target, Tesla and Vonage. Analyst calls seen later in the day were on BioMarin Pharmaceutical, Micron Technology, Quanta Services, Sangamo Therapeutics, Silvergate Capital, T. Rowe Price, Zendesk and more.

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