Investing

Tuesday's Top Analyst Upgrades Downgrades: Adobe, Amgen, Barrick Gold, Enphase Energy, JD.com, Kinder Morgan, Lucid, Newmont, Starbucks, Union Pacific and More

Argo Group International Holdings Ltd. (NYSE: ARGO): Though Compass Point upgraded the stock to Buy from Neutral, it also slashed its $45.50 price target to $28.50. The consensus target is $40. The shares closed on Monday at $23.55.

Ashland Inc. (NYSE: ASH): Credit Suisse initiated coverage with an Outperform rating and a $120 target price. The consensus target is $124.40. Monday’s close was at $104.58.

Barrick Gold Corp. (NYSE: GOLD): Goldman Sachs started coverage with a Neutral rating and an $18 target. The consensus target is up at $28.41. The stock closed on Monday at $15.96.

Bausch + Lomb Corp. (NYSE: BLCO): H.C. Wainwright started coverage on the optical products giant with a Buy rating and a $21 pierce target. The last trade for Monday was reported at $17.

Biogen Inc. (NASDAQ: BIIB): Stifel maintained a Neutral rating on the biotech heavyweight while lowering its $230 target price to $223. The consensus target is $234.59. The stock closed on Monday at $212.88.

Carpenter Technology Corp. (NYSE: CRS): Cowen upgraded the stock to Outperform from Market Perform and has a $45 price target. The consensus target is $47.60. The last trade on Monday was reported at $39.05, up almost 9% on the day, likely on the upgrade.

Comstock Resources Inc. (NYSE: CRK): Stifel raised its $22 target price to $27 and added the Buy-rated stock to the firm’s Select List of top picks. The consensus target is $20.32. The stock closed over 6% higher on Monday at $19.94 on a strong day for energy stocks.

Dave & Buster’s Entertainment Inc. (NASDAQ: PLAY): Zacks named this stock as its Bear of the Day. The analyst suggests that investors are not playing games after a big earnings miss. The stock has traded as high as $52.53 in the past year but closed most recently at $38.93.


Enphase Energy Inc. (NASDAQ: ENPH): Goldman Sachs raised its $290 price target on the Buy-rated shares to $328. The consensus target is $278.99. The stock closed on Monday at $308.93.

Huntsman Inc. (NYSE: HUN): Credit Suisse started coverage with an Outperform rating and a $33 target price. The consensus target is $38.56. The last trade Monday was reported at $28.05.

JD.com Inc. (NYSE: JD): Zacks has selected this Chinese internet play as its Bull of the Day, citing relative strength on the back of solid earnings. Shares last closed at $61.79, and reaching the consensus price target of $84.96 would be a gain of more than 37%.

Kinder Morgan Inc. (NYSE: KMI): Goldman Sachs lifted its $17 target price on the Neutral-rated MLP giant to $19. The consensus target is $20.49. The shares closed on Monday at $18.74.

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