Coinbase Global Inc. (NASDAQ: COIN): KeyBanc Capital Markets started coverage with a Sector Weight rating. The consensus target is $1.28. Friday’s close was at $40.24.
Crane Holdings Co. (NYSE: CR): Morgan Stanley’s upgrade was to Overweight from Equal Weight, and it raised the price target to $129 from $116. Shares have traded as high as $114.87 in the past year but closed most recently at $99.56.
Genuine Parts Co. (NYSE: GPC): Goldman Sachs cut its Neutral rating to Sell but raised its $124 price target to $147. The consensus target is $164.44. Friday’s final trade was for $182.26 a share.
Heico Corp. (NYSE: HEI): Morgan Stanley’s downgrade to Equal Weight from Overweight included a price target cut to $172 from $182. The consensus target is $166.20. The $157.03 close on Friday was a 1% loss for the day.
Ilumina Inc. (NASDAQ: ILMN): Citigroup downgraded the shares to Sell from Neutral and cut its $200 price target to $180. The consensus target is $250.22. The shares closed on Friday at $205.62.
Johnson Controls International PLC (NYSE: JCI): BofA Securities lowered its Buy rating to Neutral and cut the $85 price target to $72. The consensus target is $69.32. Friday’s $65.77 close was down 1.5% on the day.
KLA Corp. (NASDAQ: KLAC): Deutsche Bank downgraded it to Hold from Buy. The firm also raised its $370 price target to $400. The consensus target is $365.02. The stock closed on Friday at $393.41.
Laboratory Corp. of America Holdings (NYSE: LH): Citigroup’s downgrade to Neutral from Buy came with a price target cut to $250 from $275. The consensus target is $278.46, and Friday’s close was at $233.56.
Lam Research Corp. (NASDAQ: LRCX): The Deutsche Bank upgrade was to Buy from Hold. It also raised its $400 price target to $520, well above the consensus target of $437.21. The stock closed at $450.20 on Friday.
Leggett & Platt Inc. (NYSE: LEG): Piper Sandler dropped its Neutral rating to Underweight and cut the price target to $24 from $31. The consensus target is $35.67. The last trade for Friday was reported at $35.21.
Micron Technology Inc. (NASDAQ: MU): Deutsche Bank downgraded the shares to Hold from Buy and cut its $60 price target to $55. The consensus target is $66.37. Shares closed on Friday at $54.87, down almost 1% on the day.
Nevro Corp. (NYSE: NVRO): Wells Fargo’s Overweight rating changed to Equal Weight, and the $66 price target fell to $43. The consensus target is $47.42. Friday’s close was at $42.12.
Pulmonx Corp. (NASDAQ: LUNG): Citigroup upgraded the stock to Buy from Neutral but cut its $14 price target to $10. The consensus target is $13.07. Friday’s final trade was for $5.88 a share.
Qualcomm Inc. (NASDAQ: QCOM): Wells Fargo cut its Equal Weight rating to Underweight with a $105 price target. The consensus target is $148.90. Friday’s close was at $119.05.
Thermon Group Holdings Inc. (NYSE: THR): Zacks named this industrial stock its Bull of the Day. The analyst makes the case that shares remain relatively undervalued even though they have advanced more than 40% since July. The stock last closed at $19.47 a share.
Friday’s top analyst upgrades and downgrades included Altice USA, AT&T, Ballard Power Systems, Bank of America, Lockheed Martin, Lowe’s Companies, Raytheon Technologies and Shopify.
Originally published at 24/7 Wall St.
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