Equinix Inc. (NASDAQ: EQIX): Wells Fargo downgraded the stock to Equal Weight from Overweight, but it held a $810 price target. The consensus target is $820.95. The shares ended Friday’s session trading at $807.12.
Floor & Decor Holdings Inc. (NYSE: FND): Jefferies downgraded the shares to Hold from Buy. It also reduced the $110 target price to $108. That is still above the $101.40 consensus target. Friday’s $97.64 close down almost 4% for the day.
Harley-Davidson Inc. (NYSE: HOG): D.A. Davidson boosted its rating to Buy from Neutral and its $38 price target to $47. The consensus target is $43.88. Friday’s close was at $37.28.
Knight-Swift Transportation Holdings Inc. (NYSE: KNX): Evercore ISI’s downgrade to In Line from Outperform included a target price cut to $52 from $60. The consensus target is $62.95. The stock closed on Friday at $56.32.
Live Nation Entertainment Inc. (NYSE: LYV): Oppenheimer started coverage with an Outperform rating and a $110 target price. The consensus target is $100.94. Friday’s last trade was for $96.84 a share.
Marsh & McLennan Companies Inc. (NYSE: MMC): When BofA Securities upgraded the stock from Underperform to Neutral, it lifted the $189 target price to $210. The consensus target is $197.24. The stock closed on Friday at $191.39.
McDonald’s Corp. (NYSE: MCD): BTIG Research reiterated a Buy rating and raised its target price to $315 from $305. The consensus target is $285.42. Friday’s close was at $295.61.
Microsoft Corp. (NASDAQ: MSFT): Goldman Sachs reiterated a Buy rating and raised its target price to $400 from $350. The consensus target is just $331.86. Friday’s close was at $343.77.
SL Green Realty Corp. (NYSE: SLG): Piper Sandler’s upgrade to Overweight from Neutral included a target price hike to $41 from $27. The consensus target is $32.21. The stock closed over 4% higher on Friday at $35.10, after the company posted solid results for the quarter.
Splunk Inc. (NASDAQ: SPLK): Oppenheimer reiterated an Outperform rating with a $115 target price. The consensus target is up at $119.78. Friday’s closing share price was $104.46.
Sunnova Energy International Inc. (NASDAQ: NOVA): As BMO Capital Markets downgraded the stock to Market Perform from Outperform, its $27 target price slipped to $25. The consensus target is $34.31. The stock closed over 5% lower on Friday at $21.44 due to the downgrade.
Texas Instruments Inc. (NASDAQ: TXN): Oppenheimer reiterated an Outperform rating and has a $195 price objective. The consensus target is just $182.42. Friday’s close was at $184.32.
Timken Co. (NYSE: TKR): Though BofA Securities downgraded the stock to Neutral from Buy, it bumped its $88 target price to $100. That compares with the $94.44 consensus and Friday’s closing trade of $91.52.
Cathie Wood’s renowned ARK Innovation fund is up an incredible 54% from its lows. Five outstanding stocks make up 40% of the fund’s portfolio, and they are all highly regarded on Wall Street.
Friday’s top analyst upgrades and downgrades included Activision Blizzard, Arista Networks, Cadence Design Systems, Carvana, Cisco Systems, Estee Lauder, Host Hotel & Resorts, Intel, Kosmos Energy, Microsoft, Nvidia, Prologis and Qualcomm.
Originally published at 24/7 Wall St.
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