Monday's Top Analyst Upgrades and Downgrades: Block, Boeing, Chesapeake Energy, JPMorgan, Kraft Heinz, Merck, Netflix and More

Netflix Inc. (NASDAQ: NFLX): UBS reiterated a Hold rating on the entertainment streaming giant while slashing its $355 target price to $198. The consensus target is $289.87 for now. The stock closed up over 8% Friday at $189.11. The company is scheduled to report second-quarter results after the close on Tuesday.

Omnicell Inc. (NASDAQ: OMCL): SVB Leering initiated coverage with a Market Perform rating and a $124 target. That compares with the $160.25 consensus target and Friday’s close at $109.69.

Patterson-UTI Energy Inc. (NASDAQ: PTEN): BofA Securities downgraded the stock to Neutral from Buy and slashed the $22 price target to $13.50. The consensus target is $21.02. The stock closed on Friday at $12.72.

ProFrac Holding Corp. (NASDAQ: PFHC): BofA Securities downgraded the stock after its recent initial public offering to Neutral from Buy. It also sliced the target price to $18 from $26. The consensus target is up at $29. The stock was last seen Friday at $14.72, up over 3% for the day.

Quanta Services Inc. (NYSE: PWR): Argus started coverage with a Buy rating and a $200 price objective. The consensus target is much lower at $145.81. The shares ended Friday’s session trading at $128.01.

Robert Half International Inc. (NYSE: RHI): Truist Financial lowered its Hold rating to Sell with a $66 price objective. The consensus target is $96.89. Friday’s close was at $76.66.

TechnipFMC PLC (NYSE: FTI): Though BofA Securities upgraded the stock from Neutral to Buy, it trimmed the $9.50 target price to $8. The consensus target is $9.24, and shares closed on Friday at $5.94.

Vivid Seats Inc. (NASDAQ: SEAT): Piper Sandler initiated coverage with a Neutral rating and an $8 target price. The consensus target is up at $13.88. Friday’s close was at $8.08, up almost 9% for the day.

Seven top companies have some of the highest payouts in the Dividend Aristocrat universe. They supply products or services unlikely to go out of style or demand, and their stocks are rated Buy at top Wall Street firms.

Friday’s top analyst upgrades and downgrades included Advanced Micro Devices,, Amphenol, Centene, CF Industries, Fiserv, Juniper Networks, Medical Properties Trust, Mosaic, Payoneer Global and Tesla. Analyst calls seen later in the day were on Allogene Therapeutics, CSX, Norfolk Southern, Qualcomm, Toyota, Yelp and more.

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