Investing

Wednesday's Top Analyst Upgrades and Downgrades: FedEx, Hertz, Palo Alto Networks, Twilio, UPS and More

Qualtrics International Inc. (NASDAQ: XM): Goldman Sachs trimmed its $20 price target on the Buy-rated shares to $18. The consensus target is $18.62. Tuesday’s $11.38 close was up almost 9% after the company provided fourth-quarter guidance that topped Wall Street expectations.

Range Resources Corp. (NYSE: RRC): Stifel resumed coverage with a Buy rating and a $32 target price. The consensus target is $39.09. The stock closed on Tuesday at $28.60, up close to 8% on the day after the company posted stellar third-quarter results.

Republic Services Inc. (NYSE: RSG): Jefferies resumed coverage with a Buy rating and a $165 target price. The consensus target is just $156.07. Tuesday’s close was at $135.13.

Stem Inc. (NYSE: STEM): UBS initiated coverage with a Buy rating and a $19 target price. The consensus target is $19.78, and shares closed at $13.08 on Tuesday.

TechnipFMC PLC (NYSE: FTI): HSBC Securities raised its Hold rating to Buy with a $13.50 target price. The consensus target is $9.24. The stock closed on Tuesday at $10.68.

Twilio Inc. (NASDAQ: TWLO): Oppenheimer maintained an Outperform rating with a $210 price objective. The consensus target is just $122.25. Tuesday’s $76.61 close was up almost 4% on the day.


United Parcel Service Inc. (NYSE: UPS): Jefferies resumed coverage with a Buy rating and a $190 price target. The consensus target is $197.28. The stock ended Tuesday trading at $167.00.

Whirlpool Inc. (NYSE: WHR): Zacks selected this appliance maker as its Bear of the Day stock. The analyst points out that it has missed on revenue projections in each of the past five quarters. Shares have traded as high as $245.44 in the past year but closed most recently at $137.00. That is down more than 23% in the past six months.

XPO Logistics Inc. (NYSE: XPO): Jefferies initiated coverage with a Buy rating and a $70 price target. The consensus target is $73.61. The stock closed on Tuesday at $48.37, which was up over 2% for the day.


These seven top oil stocks look like outstanding ideas now, as they are rated Buy and have dependable dividends and solid upside to the price objectives. Plus, Goldman Sachs analysts feel that the downside is limited at current levels.

Tuesday’s top analyst upgrades and downgrades included Advanced Micro Devices, Analog Devices, Analog Devices, Chevron, Danaher, FedEx, Intel, Meta Platforms, NXP Semiconductors, Qualcomm, Southern, Texas Instruments, WeWork, Wolfspeed and Zscaler. Analyst calls seen later in the day were on Arista Networks, Equinox Gold, Netflix, Ross Stores, Waste Management, Weber and more.

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