Monday’s Top Analyst Upgrades and Downgrades: Activision Blizzard, Adobe, Caesars, Corning, PayPal, Target, Twilio and More

Caesars Entertainment Inc. (NYSE: CZR): Stifel reiterated a Buy rating with a $68 target price. The consensus target is higher at $70.46. Friday’s closing share price was $48.50.

Celanese Corp. (NYSE: CE): Vertical Research downgraded the stock from Buy to Hold and has a $122 target price. The consensus target is $124.70. Friday’s close was at $113.63.

Corning Inc. (NYSE: GLW): Morgan Stanley lifted its Equal Weight rating to Overweight and its $35 price objective to $38. The consensus target is $37. On Friday, shares closed at $32.78.

CyberArk Software Ltd. (NASDAQ: CYBR): Oppenheimer maintained an Outperform rating with a $180 target price. The consensus target is $181.24. Friday’s final trade was for $150.22 a share.

Disc Medicine Opco Inc. (NASDAQ: IRON): The Outperform rating at Raymond James is now at Strong Buy. The analyst also lifted the $50 target price to $75, even further above the $42.33 consensus target. Friday’s closing print of $45.69 was up 16% after the upgrade and more positive commentary.

DocuSign Inc. (NASDAQ: DOCU): BofA Securities raised its $68 target price on the Neutral-rated shares to $72. The consensus target is just $66.54, and Friday’s closing trade of $57.02 was down close to 3% for the day.

Equity Residential (NYSE: EQR): As Piper Sandler raised its Underweight rating to Neutral, the target price rose to $68 from $63. The consensus target is $68.34. The shares closed on Friday at $66.18.

Finward Bancorp (NASDAQ: FNWD): Piper Sandler downgraded the stock to Neutral from Overweight and trimmed its $14 target price to $13. The consensus target is up at $32.50. The shares closed on Friday at $21.33.

Greif Inc. (NYSE: GEF): Stifel boosted its $85 target price on the Buy-rated shares to $94. The consensus target is $74.75. Friday’s close at $71.38 was a one-day gain of over 2%.

Park Hotels & Resorts Inc. (NYSE: PK): Evercore ISI downgraded the shares to In Line from Outperform. Its $18.50 target is still well above the $16.63 consensus target and Friday’s close at $13.91.

PayPal Holdings Inc. (NASDAQ: PYPL): Goldman Sachs lowered its $103 target price on the Buy-rated shares to $92. The consensus target is $93.06. Friday’s close was at $63.49.

Principal Financial Group Inc. (NASDAQ: PFG): Though Keefe Bruyette upgraded the insurance and investment heavyweight to Market Perform from Underperform, it also trimmed its $77 target price to $75. The consensus is $75.33, and Friday’s close was at $71.39.

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