Netflix Inc. (NASDAQ: NFLX): Loop Capital raised its Hold rating to Buy and its price target to $500 from $475. The consensus target is $421.20. Friday’s close was at $416.03.
Nordstrom Inc. (NYSE: JWN): Although Telsey Advisory reiterated a Market Perform rating on the popular high-end retailer, it also trimmed its target price to $19 from $21. The consensus target is $19.20. The stock closed on Friday at $15.52, down almost 8% for the day despite earnings that were better than expected.
Palo Alto Networks Inc. (NASDAQ: PANW): Zacks makes the case that its Bull of the Day stock is headed for all-time highs. Its shares last closed at $230.76 apiece, and its $271.90 consensus price target would be an all-time high.
Trex Co. Inc. (NYSE: TREX): Citigroup initiated coverage with a Neutral rating, and it has a $72 target price. The consensus target is $76.56, and the shares closed at $68.63 on Friday.
Shift4 Payments Inc. (NYSE: FOUR): Morgan Stanley upgraded the stock to Equal Weight from Underweight and raised their target price on the stock to $57 from $52. The consensus target is much higher at $83.05. The shares closed Friday at $55.76.
Western Alliance Bancorp. (NYSE: WAL): Piper Sandler resumed coverage with an Overweight rating and a $60 target price. The consensus target is $58.63. The shares closed on Friday at $49.13.
Workday Inc. (NASDAQ: WDAY): Needham reiterated a Buy rating and raised its $220 target price to $250. The consensus target is $239.79. The shares ended Friday trading at $236.97 a share.
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Friday’s top analyst upgrades and downgrades included Abercrombie & Fitch, Amazon.com, AMC Entertainment, Analog Devices, Discover Financial Services, Estee Lauder, Foot Locker, International Flavors & Fragrances, NetApp, Nvidia, Peloton Interactive and Xcel Energy.
Originally published at 24/7 Wall St.
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