Investing

Friday's Top Analysts Upgrades and Downgrades: AMD, Bilibili, Cognizant, Dynatrace, Equinix, Match, Nutrien, Robinhood, Roku and More

Rapid7 Inc. (NASDAQ: RPD): Truist Financial downgraded the stock to Hold from Buy and halved its target price to $40 from $80. Mizuho cut its Buy rating to Neutral and lowered its $70 target price to $45. The consensus target is $71.13 for now. Thursday’s close at $30.19 was down 23% for the day. While it post solid results, the planned sales reorganization is taking longer than expected.

Robinhood Markets Inc. (NASDAQ: HOOD): Goldman Sachs raised its $11.50 price target on the Neutral-rated shares to $13. The consensus target is $11.65. Thursday’s $12.33 closed up over 8% on the day after it beat earnings estimates.

Roku Inc. (NASDAQ: ROKU): As Rosenblatt downgraded the stock to Neutral from Buy, it also slashed its $100 price objective to $51. The consensus target is $79.63. The stock closed on Thursday at $51.84, down almost 5% on the day due to mixed earnings results.

Sinclair Broadcast Group Inc. (NASDAQ: SBGI): Wells Fargo downgraded the stock to Underweight from Overweight. It also slashed its $30 target price to $16, well below the $28.63 consensus target. Thursday’s closing print was $17.46.

Trimble Inc. (NASDAQ: TRMB): Oppenheimer reiterated an Outperform rating and has a $72 target price. The consensus target is $73.11. The shares ended Thursday trading at $52.06.


Xenia Hotels & Resorts Inc. (NYSE: XHR): The Jefferies downgrade was from Buy to Hold with a $17 target price. The consensus target is $19.50. Thursday’s last trade at $14.09 a share was down close to 5% on the day after disappointing results.

Zillow Group Inc. (NASDAQ: ZG): Canaccord Genuity downgraded the stock to Hold from Buy and cut its $48 target price to $34. The consensus target is $39.47. The stock closed on Thursday at $32.42, more than a 10% gain for the day. Zillow posted solid results this week.

Zimmer Biomet Holdings Inc. (NYSE: ZBH): Oppenheimer maintained an Outperform rating and has a $120 target price. The consensus target is $124.55, and the stock closed on Thursday at $105.40.


Energy demand looks to stay strong, and analysts remain positive on the large-cap domestic leaders. Five top energy stocks come with dependable dividends and make sense now for growth and income investors.

Thursday’s early top analyst upgrades and downgrades included BioCryst Pharmaceutical, Canopy Growth, Cleveland-Cliffs, Datadog, Electronic Arts, Palo Alto Networks, Peloton Interactive, Snowflake, SoFi Technologies, XPO Logistics and Zoominfo Technologies. Analyst calls seen later in the day were on Alkermes, Altice USA, Fisker, Freshpet, Lincoln National, Maravai LifeSciences and more.

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