Friday’s Top Analyst Upgrades and Downgrades: Chewy, Dollar General, Exxon Mobil, Okta, Palantir, Shopify, 3M, Victoria’s Secret and More

Exxon Mobil Corp. (NYSE: XOM): Redburn raised its Sell rating to Neutral and its $100 price target to $105. The shares last closed at $111.19 and have a consensus target of $122.45.

Guidewire Software Inc. (NYSE: GWRE): Wells Fargo’s upgrade to Equal Weight from Underweight came with a price target hike to $85 from $65. The consensus target is $84.92, and Thursday’s close was at $86.43.

Hostess Brands Inc. (NASDAQ: TWNK): The J.P. Morgan downgrade was from Overweight to Neutral with a $28 price target. The consensus target is $28.88. The stock closed on Thursday at $28.48.

Okta Inc. (NASDAQ: OKTA): The Underperform rating at Evercore ISI is now at In-Line, and the firm’s $65 price target has risen to $75. That is still well below the $93.28 consensus price target and Thursday’s $83.51 close.

Palantir Technologies Inc. (NYSE: PLTR): Morgan Stanley’s downgrade was to an Underweight rating from Equal Weight. Its $9 price target slipped to $8, even further from the $14.04 consensus target. Thursday’s close was at $14.98.

Roche Holding AG (RHHBY): BofA Securities downgraded the shares to Neutral from Buy. The consensus target is $47.22, and the stock closed on Thursday at $36.63.

Shopify Inc. (NYSE: SHOP): The upgrade at Canaccord Genuity to Buy from Hold was accompanied by a price target boost to $70 from $60. The consensus target is $66.51. The stock closed at $66.49 on Thursday.

3M Co. (NYSE: MMM): As Morgan Stanley upgraded it to Equal Weight rating from Underweight, the analyst raised its price target to $113 from $102. The consensus target is $113.60. The stock closed at $106.67 on Thursday.

Victoria’s Secret & Co. (NYSE: VSCO): Wells Fargo cut its Overweight rating to Equal Weight and cut its $34 price target to $18. The consensus target is $23.30. Thursday’s close was at $19.18.

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Thursday’s top analyst upgrades and downgrades included Best Buy, Carnival, Caterpillar, Centene, ChargePoint, Foot Locker, Hewlett Packard Enterprise, Palo Alto Networks, PDD, Peloton Interactive, Realty Income, Sunrun, Texas Instruments and UDR.

Originally published at 24/7 Wall St.

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