Entergy Corp. (NYSE: ETR): The KeyBanc Capital Markets upgrade was from Sector Weight to Overweight with a $97 price target. The consensus target is up at $124.79. The stock closed on Thursday at $91.76.
Fabrinet Inc. (NYSE: FN): Rosenblatt initiated coverage with a Buy rating. Its $230 target price is well above the consensus target of $164.75 and Thursday’s close at $174.12.
Jack in the Box Inc. (NASDAQ: JACK): BofA Securities resumed coverage with a Buy rating and an $85 target price. The consensus target is $100.63. Thursday’s close was at $65.43.
Johnson & Johnson (NYSE: JNJ): RBC Capital Markets initiated coverage with an Outperform rating and a $178 target price. The consensus target is $180.85. The last trade for Thursday came in at $157.14.
Monster Beverage Corp. (NASDAQ: MNST): CFRA upgraded the shares to Hold from Buy and has a $60 target price. The consensus target is $62.14. Thursday’s close was at $50.09.
O’Reilly Automotive Inc. (NASDAQ: ORLY): When Citigroup upgraded the stock to Buy from Neutral, its $983 target price increased to $1,040. The consensus target is $1018.44. The stock closed at $900.80 on Thursday.
Parker Hannifin Corp. (NYSE: PH): BofA Securities upgraded the stock to Buy from Neutral and lifted its target price to $475 from $435. The consensus target is $444.29. The shares closed on Thursday at $383.68.
Pinnacle West Capital Corp. (NYSE: PNW): KeyBanc Capital Markets upgraded the shares to Overweight from Sector Weight. The consensus target is $79.64, and Thursday’s close was at $72.14.
Prosperity Bancshares Inc. (NYSE: PB): Raymond James upgraded the stock from Outperform to Strong Buy with a $68 price objective. The consensus target is $65.30. The stock closed on Thursday at $53.22.
Shake Shack Inc. (NYSE: SHAK): BofA Securities initiated coverage with a Neutral rating and a $66 target price. The consensus target is $77.76. On Thursday, the closing share price was $56.30.
Shoals Technologies Group Inc. (NASDAQ: SHLS): Northland Capital downgraded the stock to Market Perform from Outperform. It also dropped its target price to $18 from $26. The consensus target is $30.60. Thursday’s close at $15.10 was over 9% lower for the day due to the downgrade.
Tractor Supply Co. (NASDAQ: TSCO): Citigroup downgraded the shares from Buy to Neutral. Its $250 target price fell to $207 as well. The consensus target is $245.46. The stock ended Thursday’s session trading at $205.17.
Trane Technologies PLC (NTSE: TT): BofA Securities raised its Underperform rating to Neutral and its $187 target price to $210. The consensus target is $217. The shares closed on Thursday at $200.82.
Wingstop Inc. (NASDAQ: WING): BofA Securities initiated coverage with a Buy rating and a $218 target price. The consensus target is $203.00, and Thursday’s close was at $182.88.
Yeti Holdings Inc. (NASDAQ: YETI): The downgrade at Exane BNP Paribas was from Outperform to Neutral with a $42 target price. The consensus target is $50.50. The stock closed on Thursday at $40.07.
Thursday’s top analyst upgrades and downgrades included America Movil, Deere, Fluor, Infosys, Lockheed Martin, LyondellBasell Industries, Netflix, ON Semiconductor, PPL, Salesforce and Sunrun.
Originally published at 24/7 Wall St.
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