Monday’s Top Analyst Upgrades and Downgrades: AMD, Ally Financial, AppLovin, Nvidia, RingCentral, Spirit Aerosystems, Walgreens and More

CS Disco Inc. (NYSE: LAW): Stifel lowered its $30 price target on the Buyated shares to $20. The consensus target is $19.64. Friday’s $10.35 close up over 9% for the day on solid quarterly results.

FIGS Inc. (NYSE: FIGS): Raymond James cut its Strong Buy rating to Outperform and lowered the $12 price target to $8. The consensus target is $12.95. The $6.89 close on Friday was up almost 5% for the day after beating third-quarter estimates.

Genius Sports Ltd. (NYSE: GENI): Oppenheimer reiterated an Outperform rating with a $47 target price. The consensus is $7.75 and shares closed on Friday at $4.74, which was up close to 5% after posting solid results.

GXO Logistics Inc. (NYSE: GXO): Oppenheimer maintained an Outperform rating but lowered its $78 target price to $64. The consensus target is $61.63. The shares ended Friday’s session at $44.94, up over 6% on the day in the wake of solid results.

Heartland Express Inc. (NASDAQ: HTLD): UBS’s upgrade to Buy from Hold included a price target nudge to $18 from $17. The consensus target is $16.43. The stock closed on Friday at $15.49.

Huntington Ingalls Industries Inc. (NYSE: HII): The BofA Securities downgrade was from Neutral to Underperform with a $230 target price. The consensus target is $257.55. The stock closed almost 7% lower on Friday at $227.58 on the stiff downgrade.

Light & Wonder Inc. (NYSE: LNW): Macquarie raised the stock to Outperform from Neutral, but it also trimmed its $69 target price to $65. The consensus target is $64.88. Friday’s close was at $58.95.

Lumentum Inc. (NASDAQ: LITE): BofA Securities not only downgraded the stock to Neutral from Buy but slashed its $84 target price to $62. The consensus target is $81.86 for now. The shares ended Friday at $57.73, up over 2% on the day, after posting solid results last week.

Monolithic Power Systems Inc. (NASDAQ: MPWR): Wells Fargo initiated coverage with an Overweight rating and a $435 target price. The consensus target is up at $450.02. The shares closed on Friday at $393.37.

Nvidia Corp. (NASDAQ: NVDA): Oppenheimer cut its $250 target price to $225 but kept an Outperform rating. The consensus target is still lower at $190. Friday’s close was at $163.27.

Paycor HCM Inc. (NASDAQ: PYCR): Truist Financial reiterated a Buy rating with a $45 price objective. The consensus target is $35.79 and the stock closed on Friday at $27.68.

RingCentral Inc. (NYSE: RNG): Goldman Sachs lowered its $95 price target to $70 but reiterated a Buy rating. The consensus target is $63.04. The last trade for Friday came in at $40.12, up almost 9% on the day, after posting solid quarterly results last week.

SciPlay Corp. (NASDAQ: SCPL): The Hold rating at Craig Hallum was raised to Buy, and the analyst bumped up the target price to $17 from $14. The consensus target is $15.73. The stock closed almost 5% on Friday at $14.90. The company missed earnings estimates last week.

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