Monday’s Top Analyst Upgrades and Downgrades: Amazon, Carnival, GM, Gilead Sciences, Hasbro, Intel, Salesforce, Snap and More

Disc Medicine Opco Inc. (NASDAQ: IRON): Cantor Fitzgerald initiated coverage with an Overweight rating and has a $45 price target. That compares with the $37.17 consensus target and Friday’s closing trade of $32.73.

Fortinet Inc. (NASDAQ: FTNT): Jefferies reiterated a Buy rating with an $80 target price. The consensus target is $72.13, and Friday’s close was at $63.05.

General Motors Co. (NYSE: GM): Zacks makes the case for now as an opportunistic time to buy shares of its Bull of the Day. The stock last closed at $33.04 per share, and the consensus target of $47.70 would be a 52-week high.

Gilead Sciences Inc. (NASDAQ: GILD): Piper Sandler resumed coverage with an Overweight rating and a $105 target price. The consensus target is $90.74. The stock closed on Friday at $82.21.

Global Payments Inc. (NYSE: GPN): Citigroup resumed coverage with a Buy rating and a $136 target price. The consensus target is $139.60. The last trade Friday was for $112.71 a share.

Hasbro Inc. (NASDAQ: HAS): When BofA Securities upgraded the stock to Neutral from Underweight its lifted the price target to $63 from $42. The consensus target is $69.90. The shares finished Friday at $59.22 apiece.

Hershey Co. (NYSE: HSY): Stifel reiterated a Hold rating but raised its $243 price target to $260. UBS maintained a Buy rating and boosted its $269 target price to $310. BofA Securities also kept a Buy rating on the stock, and its target price increased to $300 from $280. The consensus target was last seen at $261.32. Friday’s close was at $273.06.

Intel Corp. (NASDAQ: INTC): Wedbush’s upgrade to Neutral from Underweight included a target price hike to $30 from $20. Benchmark raised its Hold rating to Buy with a $39 price target. The consensus target is $28.74. The stock closed over 4% higher on Friday at $31.06 after the company posted an earnings beat and said its losses narrowed.

International Paper Co. (NYSE: IP): RBC Capital Markets upgraded the stock to Outperform from Sector Perform. It also trimmed its target price to $39, still above the $35.89 consensus target. The stock closed on Friday at $33.11.

Masco Corp. (NYSE: MAS): Jefferies raised its Hold rating to Buy and its target price to $65 from $55. The consensus target is $58.21. The last trade on Friday was for $53.51 a share.

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