Investing

Monday's Top Analyst Upgrades and Downgrades: BP, Farfetch, Lyft, Nike, Spirit AeroSystems, TotalEnergies, Unilever and More

Helmerich & Payne Inc. (NYSE: HP): When Morgan Stanley upgraded the shares to Equal Weight from Underweight, it also raised its $48 price target to $55. The consensus target is $54.93. The last trade for Friday was reported at $35.48.

Immunovant Inc. (NASDAQ: IMVT): UBS cut its Buy rating to Neutral and cut the $7 price target to $5. The consensus target of $9.75 compares with Friday’s close at $4.88.

Lyft Inc. (NASDAQ: LYFT): The UBS downgrade to Neutral from Buy included a price target from $50 all the way to $16. The consensus target is $31.71, and Friday’s last trade was for $13.99 a share.

Methanex Corp. (NASDAQ: MEOH): Scotiabank upgraded it to Outperform from Sector Perform. The consensus target is $46.62. The stock closed on Friday at $28.97.

NexTier Oilfield Solutions Inc. (NYSE: NEX): Morgan Stanley downgraded the shares to Equal Weight rating from Overweight and has a $13 price target. Shares last closed at $6.88, and the $14.31 consensus price target would be a 52-week high.

Nike Inc. (NYSE: NKE): Telsey Advisory Group reiterated an Outperform rating but cut its $130 price target to $125. Shares last closed at $97, with the $129.32 consensus price target coming in much higher.

Paymentus Holdings Inc. (NYSE: PAY): SMBC Nikko lowered its Outperform rating to a Neutral, but the $17.44 consensus target is well above Friday’s final print of $9.68.

Planet Fitness Inc. (NYSE: PLNT): The Raymond James upgrade was from Market Perform to Strong Buy with a $70 price target. The consensus target is $93.50. The $55.88 close on Friday was down almost 3% on the day.

Safe Bulkers Inc. (NYSE: SB): The Buy rating at Jefferies was reduced to Hold, and the $5 price target was cut to $4. The $5.50 consensus target is well above Friday’s last print of $2.77.

Sotera Health Co. (NASDAQ: SHC): KeyBanc Capital Markets downgraded the stock to Sector Weight from Overweight. The consensus target is $20.88. Friday’s close at $7.34 was down almost 1% on the day.

Spirit AeroSystems Holdings Inc. (NYSE: SPR): This aerospace firm’s struggles to exceed quarterly estimates prompted Zacks to select it as its Bear of the Day. The stock has traded as high as $53.31 per share in the past year but closed most recently at $24.00. That is down more than 50% in the past six months.

TotalEnergies S.E. (NYSE: TTE): J.P. Morgan upgraded the shares to Overweight from Neutral. The consensus target is $69.14. The stock closed on Friday at $44.94.

Unilever PLC (NYSE: UL): Berenberg lifted its Hold rating to a Buy. Shares have traded as high as $55.01 in the past year but closed most recently at $43.85. The consensus price target is $54.00.

Willis Towers Watson PLC (NASDAQ: WTW): Credit Suisse initiated coverage with an Outperform rating and a $288 price target. The stock closed Friday at $200.34, down 1.5% for the day.


Friday’s top analyst upgrades and downgrades included Adobe, Alcoa, Ally Financial, AppLovin, Block, Eli Lilly, Luminar Technologies, Novavax, Twilio, Wendy’s, Zoom Video Communications and Zscaler.

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