Monster Beverage Inc. (NASDAQ: MNST): Citigroup initiated coverage with a Buy rating and a $121 target price. The consensus target is $108.38. Friday’s close was at $104.18.
Roku Inc. (NASDAQ: ROKU): BofA Securities upgraded the stock to Buy from Underperform and boosted its $45 target price all the way to $85. The consensus target is $66.37, and shares closed on Friday at $71.56.
TechnipFMC PLC (NYSE: FTI): Citigroup upgraded the shares to Buy from Neutral. Its $18 target price is higher than the consensus target of $14.60. The stock was last seen on Friday trading at $14.01.
Texas Roadhouse Inc. (NASDAQ: TXRH): Stifel’s downgrade to Hold from Buy came with a target price trim to $105 from $110. The consensus target is $105.67, and shares closed on Friday at $104.32. As they are trading just shy of a 52-week high, this looks like a valuation call.
Toast Inc. (NYSE: TOST): When SMBC Nikko downgraded the shares to Neutral from Buy, the analyst also cut the $26 price target to $23. The consensus target is $24.41. The last trade on Friday came in at $19.48.
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Wix.com Ltd. (NASDAQ: WIX): Credit Suisse started covering the stock with an Outperform rating and a $105 target price. That compares with a $98.93 consensus target and Friday’s closing print of $85.40.
XP Inc. (NASDAQ: XP): As Credit Suisse downgraded the shares to Underperform from Neutral, it sliced its $27 price target to $15. The consensus target is $27.07 for now. Friday’s close at $12.91 was down 19% for the day after the company missed earnings and revenue estimates.
Zim Integrated Shipping Services Ltd. (NYSE: ZIM): J.P. Morgan upgraded the stock to Overweight from Neutral. Its prior $17.60 target price is now $30.40, above the $28.07 consensus target. The stock closed over 4% higher on Friday at $22.16.
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Friday’s top analyst upgrades and downgrades included Activision Blizzard, Analog Devices, Baker Hughes, Coinbase Global, Devon Energy, Electronic Arts, Expedia, Fastly, Marathon Oil, Nvidia, Roku, Shopify, Tripadvisor and Twilio.
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