Thursday’s Top Analyst Upgrades and Downgrades: Amazon, Bristol-Myers Squibb, Deere, GoDaddy, Pinterest, Salesforce, Uber, Walgreens and More

Bristol-Myers Squibb Co. (NYSE: BMY): Daiwa Securities started coverage with an Outperform rating and a $70 target price. The consensus target is up at $79.70. The shares closed at $64.09 on Wednesday.

California Water Service Group (NYSE: CWT): Though Wells Fargo upgraded the shares to Equal Weight from Underweight, it also trimmed its $58 target price to $56. The consensus target is $58.33. The stock closed on Wednesday at $51.81.

CME Group Inc. (NYSE: CME): Barclays started coverage with an Overweight rating and a $215 target price. The consensus target is $207.77, and the stock closed on Wednesday at $183.14.

Coherent Corp. (NYSE: COHR): B. Riley Securities lowered its Buy rating to Neutral with a $47 target price. The consensus target is $45.40. The stock closed at $47.51 on Wednesday.

Deere & Co. (NYSE: DE): Canaccord Genuity started coverage with a Buy rating. Its $530 target price towers over the $440.35 consensus target and Wednesday’s closed at $405.20.

Delek Logistics Partners L.P. (NYSE: DKL): Citigroup’s downgrade was from Neutral to Sell with a $47 target price. The consensus target is $47 as well. The stock closed on Wednesday at $55.29.

GlobalFoundries Inc. (NASDAQ: GFS): Its Bear of the Day stock has underperformed the chip market this year and the earnings outlook is trending in the wrong direction, says Zacks. Shares have traded as high as $72.50 in the past year but closed most recently at $62.97.

GoDaddy Inc. (NYSE: GDDY): B. Riley Securities initiated coverage with an Outperform rating and a $70 target price. The consensus target is up at $92.26, and the shares closed on Wednesday at $74.74.

Lincoln Electric Holdings Inc. (NASDAQ: LECO): KeyBanc Capital Markets upgraded the stock to Overweight from Sector Weight. Its $232 target price is higher than the consensus target of $183.29. The final trade on Wednesday was for $194.31 a share.

Louisiana-Pacific Corp. (NYSE: LPX): Truist Financial’s upgrade to Buy from Hold included a price target hike to $82 from $49. The $66.67 consensus target is less than Wednesday’s closing print of $73.87, which was up over 4% for the day.

Pinterest Inc. (NYSE: PINS): Wells Fargo upgraded the shares to Overweight from Equal Weight and raised its $23 target price to $34. The consensus target is $28.40, and the stock closed near that on Wednesday at $28.14.

Regeneron Pharmaceuticals Inc. (NASDAQ: REGN): Canaccord Genuity downgraded the stock to Hold from Buy. The analyst also slashed the $953 target price to $720, well below the $884.86 consensus target. The shares closed on Wednesday at $700.03.

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