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Tuesday's Top Analyst Upgrades and Downgrades: Campbell Soup, DoorDash, Eli Lilly, Mastercard, Oracle, Uber, Visa and More
January 10, 2023 8:54 am
Last Updated: January 10, 2023 9:05 am
Toll Brothers Inc. (NYSE: TOL): Raymond James upgraded the luxury home builder to Outperform from Market Perform and has a $61 target price. The consensus target is just $55.64, and the stock was last seen trading at $53.39.
Uber Technologies Inc. (NYSE: UBER): Piper Sandler’s upgrade to Overweight from Neutral came with a target price bump to $33 from $31. The consensus target is higher at $46.08. The upgrade and positive commentary had the stock up almost 4% at the close to $27.40.
Unum Group Inc. (NYSE: UNM): Barclays upgraded the stock to Equal Weight from Underweight. Its $43 target price is less than the $45.08 consensus figure. The stock closed 32% lower on Monday at $40.32.
VICI Properties Inc. (NASDAQ: VICI): Raymond James downgraded the shares to Outperform from Strong Buy and trimmed its $38 target price to $36. The consensus target is $37.76. Monday’s close was at $31.98.
Visa Inc. (NYSE: V): KeyBanc Capital Markets upgraded the shares from Equal Weight to Overweight with a $210 target price. The consensus target is $249.93, and the stock closed at $218.60 on Monday.
Welltower Inc. (NYSE: WELL): Raymond James upgraded the stock to Strong Buy from Outperform. It also raised its $72 target price to $82, above the $77.85 consensus target. The shares ended Monday trading at $69.27.
Zillow Group Inc. (NASDAQ: ZG): BofA Securities raised its Underperform rating to Buy and almost doubled its $22 target price to $42. The consensus target is $37.74. Monday’s close at $37.78 was up over 8% on the day after the upgrade and enthusiastic comments from the analyst.
Zimmer Biomet Holdings Inc. (NYSE: ZBH): The RBC Capital Markets upgrade was from Sector Perform to Outperform with a $141 target price, up from $125. The consensus target is $127.43, and Monday’s closing print was $126.05.
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Monday’s top analyst upgrades and downgrades included Bank of America, Bloom Energy, Chevron, Coterra Energy, MGM Resorts, Occidental Petroleum, Penn Entertainment, Silvergate Capital, Snowflake, SunPower and Sunrun.
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