Investing

Friday's Top Analyst Upgrades and Downgrades: Amgen, AutoZone, Boeing, Dollar General, Etsy, FedEx, Unity Software, Warner Bros. Discovery and More

Azek Co. Inc. (NASDAQ: AZEK): Baird maintained an Outperform rating after the company’s analyst day, but the firm lowered its $30 target price to $28. The consensus target is $27.71. Thursday’s close was at $15.79.

Boeing Co. (NYSE: BA): Citigroup upgraded the aerospace heavyweight to Buy from Neutral but trimmed the price objective to $209 from $219. The consensus target is near $214, and the stock ended trading on Thursday at $133.36.

Darden Restaurants Inc. (NYSE: DRI): Goldman Sachs lowered the $154 price target on the dining favorite to $128 while keeping a Buy rating. The consensus target is $152.99. The last trade for Thursday was posted at $111.84.

Dollar General Corp. (NYSE: DG): Morgan Stanley raised its Equal Weight rating to Overweight and boosted the $225 price target to $250. The consensus target for the popular discount retailer is $232.23.

Eastman Chemical Co. (NYSE: EMN): Jefferies downgraded the stock to Hold from Buy and slashed the $150 price target to $87. The consensus target is $131.40. The stock closed on Thursday at $87.45.

Etsy Inc. (NASDAQ: ETSY): Oppenheimer lowered the $140 price target to $120 while maintaining an Outperform rating. The consensus target is $141.67. The stock was last seen on Thursday trading at $69.00.

Fidelity National Information Services Inc (NYSE: FIS): Baird reiterated an Outperform rating and has a price objective of $138. The consensus target is lower at $133.50. The final trade Thursday was reported at $90.70.

First Industrial Realty Trust Inc. (NYSE: FR): Goldman Sachs cut its $70 price target on the Neutral-rated shares to $61. The consensus target is $66.33. The final trade on Thursday was reported at $90.70.


FedEx Corp. (NYSE: FDX): Goldman Sachs reiterated a Buy rating on the legacy delivery giant, which is on the firm’s Conviction List of top stock ideas. The $291 target price is higher than the $288.04 consensus target. The last trade Thursday was reported at $225.31.

Flagstar Bancorp Inc. (NYSE: FBC): Zacks selected this stock as its Bear of the Day. The mortgage business is dead, says the analyst. Shares have traded as high as $56.77 in the past year but closed most recently at $33.54, which is down about 30% year to date.

Guidewire Inc. (NASDAQ: GWRE): Baird lowered the price target to $99 from $118 while keeping a Neutral rating. The consensus target is $102.78. The final trade for Thursday was reported at $70.21.

Intellia Therapeutics Inc. (NASDAQ: NTLA): BofA Securities started coverage with a Buy rating and a $70 price objective. The consensus target is all the way up at $135.35, but Thursday’s closing print was $41.44.

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