Monday’s Top Wall Street Analyst Upgrades and Downgrades: Arm, Costco, Deere, Home Depot, Walmart, Wayfair and More

Costco Wholesale Corp. (NASDAQ: COST): HSBC Securities started coverage with a Hold rating and a $600 target price. The consensus target is $573.20. The last trade on Friday was reported at $558.59.

Deere & Co. (NYSE: DE): Canaccord Genuity cut its Buy rating to Hold and its $530 target price to $400. The consensus target is $454.25, and shares closed on Friday at $380.87.

GoDaddy Inc. (NYSE: GDDY): UBS started coverage with a Neutral rating and an $80 target price. The consensus figure is $93.29. The shares closed on Friday at $73.23.

Home Depot Inc. (NYSE: HD): HSBC Securities started coverage with a Hold rating and a $365 target price. The consensus target is $354. Friday’s close was at $305.73.

Intercontinental Exchange Inc (NYSE: ICE): Goldman Sachs resumed coverage with a Neutral rating, and its target price is $125. The consensus target is $135.42. Friday’s close was at $110.17.

Itron Inc. (NASDAQ: ITRI): Seaport Research Partners initiated coverage with a Buy rating and an $80 target price. The consensus target is $79.29. The shares closed on Friday at $59.91.

Kinsale Capital Group Inc. (NASDAQ: KNSL): Wolfe Research initiated coverage with an Outperform rating and a $521 target price. The $428.71 consensus target is much closer to Friday’s closing price of $426.14.

Nextracker Inc. (NASDAQ: NXT): Wolfe Research started coverage with an Outperform rating. Its $52 target price compares with the $48.88 consensus target and Friday’s closing print of $40.81.

Payoneer Global Inc. (NASDAQ: PAYO): Goldman Sachs reiterated a Buy rating and lifted its target price to $8 from $7. The consensus target is $8.69. The stock closed on Friday at $6.04.

Ralph Lauren Corp. (NYSE: RL): Raymond James initiated coverage with an Outperform rating and a $135 price objective. The consensus target is $138.00. The shares closed on Friday at $112.14.

Walmart Inc. (NYSE: WMT): HSBC Securities started coverage with a Buy rating and a $200 target price. The consensus target is just $178.66, and the last trade Friday came in at $162.35.

Wayfair Inc. (NYSE: W): When Bernstein upgraded the shares to Market Perform from Underperform, its $60 target price rose to $65. The consensus target is up at $90.46, and the stock ended Friday trading at $59.34 a share.

Wix.com Ltd. (NASDAQ: WIX): UBS began coverage with a Buy rating and a $120 price target. The consensus target of $118.88. The shares closed on Friday at $89.97.

Yum China Holdings Inc. (NYSE: YUMC): Jefferies lifted its Hold rating to Buy and its $65.78 target price to $71.30. The consensus target is $73.33. Friday’s $57.44 close was up over 4% for the day due to the upgrade.

Seven top energy stocks come with large and dependable dividends and have solid upside to the posted consensus price targets, so they make sense now for growth and income investors considering the sector.

See which is America’s most hated car brand and which are the youngest companies in the Fortune 500.

Friday’s top analyst upgrades and downgrades included Analog Devices, Boston Scientific, CrowdStrike, Enphase Energy, Frontier, International Paper, Nike, Petrobras, Truist Financial and VICI Properties.

Originally published at 24/7 Wall St.

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