Investing

Friday's Top Analyst Upgrades and Downgrades: Coty, Etsy, FedEx, HPE, Shopify, Simon Property, Tesla, Warner Bros Discovery and More

Coty Inc. (NASDAQ: COTY): Piper Sandler started coverage on shares of the cosmetics company with a Neutral rating and an $8 target price. The consensus target is $11.27. The shares closed at $8.01 on Thursday.

Digital Realty Trust Inc. (NYSE: DLR): The Jefferies upgrade to Buy from Hold included a price target hike to $160 from $151. The consensus target is $160.74. The stock closed almost 2% higher on Thursday at $129.83.

Etsy Inc. (NASDAQ: ETSY): Raymond James started coverage with an Outperform rating and a $100 target price. That compares with the higher $136.34 consensus target and Thursday’s closing print of $73.21

Equinix Inc. (NASDAQ: EQIX): Jefferies upgraded the stock to Buy from Hold and boosted the $750 price objective to $790. The consensus target is higher at $825.95. Thursday’s close was at $657.02.

Evergy Inc. (NYSE: EVRG): UBS’s downgrade to Neutral from Buy included a price target cut to $70 from $78. The consensus target is $73.89. The final trade for Thursday was reported at $65.25.

FedEx Corp. (NYSE: FDX): Baird reiterated an Outperform rating on the ground and air delivery giant and has a $300 price target. The consensus target is $292.93. The $226.71 close on Thursday was down over 3% for the day.


Hewlett Packard Enterprise Co. (NYSE: HPE): Jefferies reiterated a Buy rating on the legacy technology heavyweight after a positive meeting with management. The analyst has a $20 target price, which compares with the $17.23 consensus target and Thursday’s final print of $13.26.

Huntington Bancshares Inc. (NASDAQ: HBAN): Wedbush downgraded the stock from Outperform to Neutral with a $14 target price. The consensus target is up at $16.16. The shares closed on Thursday at $12.03.

Nutanix Inc. (NASDAQ: NTNX): Barclays initiated coverage with an Overweight rating and a $19 price target. The consensus target is higher at $26.20. The shares closed on Thursday at $14.63.

Paychex Inc. (NASDAQ: PAYX): Baird lowered its $142 price target to $133 while sticking with a Neutral rating. The consensus target is $133.20, and the stock ended Thursday at $113.87.

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