Investing

Tuesday's Top Analyst Upgrades and Downgrades: Alphabet, Chipotle, Exxon, Goodyear, Paramount, Teladoc, Tesla and More

Cintas Corp. (NASDAQ: CTAS): Goldman Sachs reiterated a Buy rating on the stock, which is on the firm’s Conviction List of top stock ideas, and it has a $494 target price. The consensus target is $448.17, and Monday’s last trade was for $378.93 a share.

Derm Tech Inc. (NASDAQ: DMTK): Oppenheimer resumed coverage with an Outperform rating and a $48 target price. The consensus target is $29.67. Monday’s close was at $6.32.

Domino’s Pizza Inc. (NYSE: DPZ): Stifel maintained a Hold rating but cut the $400 price target on shares of the popular pizza chain to $345. The consensus target is $408.81. Monday’s closing price was $406.81.

Entegris Inc. (NASDAQ: ENTG): Goldman Sachs resumed coverage with a Buy rating and $109 target price. The consensus target is up at $151.55. The stock closed on Monday at $95.18.

Expensify Inc. (NASDAQ: EXFY): BofA Securities upgraded the stock to Neutral from Buy and lifted the $20 price target to $25. The consensus target is $22.33. The stock closed on Monday at $19.66, up over 12% on the day, and the upgrade was cited as the catalyst.

Exxon Mobil Corp. (NYSE: XOM): Piper Sandler upgraded the integrated energy giant to Overweight from Neutral and lifted the $102 target price to $109. The consensus target is $102.90. The stock closed on Monday at $86.10.

Goodyear Tire & Rubber Co. (NYSE: GT): Deutsche Bank downgraded the venerable tire giant to Hold from Buy and cut the $19 target price to $15. The consensus target is $18.04. The stock last traded on Monday at $10.91.

Ibex Ltd. (NASDAQ: IBEX): Zacks named this tech stock as its Bull of the Day, citing its “scorching hot” performance year to date. Shares last closed at $18.87, which is more than 46% higher since the beginning of the year. The Nasdaq is down over 27% in that time.

IDEX Corp. (NYSE: IEX): Stifel cut its Buy rating to Hold and slashed the $229 price target to $188. The consensus target is $221.14. The stock closed at $182.76 on Monday.

Janus Henderson Group PLC (NYSE: JHG): J.P. Morgan downgraded the mutual fund and asset management giant to Underweight from Neutral, and it lowered the $27 target price to $18. The consensus target is $23.84. The stock closed on Monday at $23.11.


Lazard Ltd. (NYSE: LAZ): Morgan Stanley downgraded the shares to Underweight from Equal Weight and lowered the $40 price target to $30. The consensus target is $38.75. Monday’s final trade came in at $32.91.

Lemonade Inc. (NYSE: LMND): Piper Sandler’s downgrade was to Neutral from Overweight, and it trimmed the $24 price target to $20. The consensus target is $28.69. The $18.74 close on Monday was down almost 5% for the day.

Moelis & Co. (NYSE: MC): Morgan Stanley’s downgrade to Underweight from Equal Weight included a price target cut to $36 from $53. The higher $45.86 consensus target also compares with Monday’s closing print of $40.33.

New Holdings Ltd. (NYSE: NU): New Street upgraded the shares from Neutral to Buy with a $7 target price. The consensus target is $7.92. The shares closed on Monday at $3.89.

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