Thursday’s Top Analyst Upgrades and Downgrades: American Airlines, Amgen, Block, Chewy, First Solar, Nvidia, Southwest Airlines and More

ResMed Inc. (NYSE: RMD): Needham upgraded the shares to Buy from Hold and has a $180 target price. The consensus target is higher at $238.25. Wednesday’s close at $153.32.

SemTech Corp. (NASDAQ: SMTC): Needham raised its Hold rating to Buy with a $35 target price. The consensus target is $39. The stock closed on Wednesday at $25.60.

Silk Road Medical Inc. (NASDAQ: SILK): Oppenheimer initiated coverage with an Outperform rating and a $30 target price. The consensus target is $34.13. The shares closed on Wednesday at $19.08.

Southwest Airlines Co. (NYSE LUV): Exane BNP Paribas downgraded the stock from Outperform to Neutral with a $34 target price. The consensus target is $36.44. Wednesday’s close was at $29.98.

Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM): How long will its Bear of the Day see slowing growth, wonders Zacks. The stock has traded as high as $110.69 a share in the past year but closed most recently at $92.26.

Thermo Fisher Scientific Inc. (NYSE: TMO): Citigroup resumed coverage with a Buy rating and a $625 target price. The consensus target is $625.64. The shares closed on Wednesday at $536.60.

Toast Inc. (NYSE: TOST): As UBS upgraded the stock to Buy from Neutral, its $25 target price increased to $30. The consensus target is $25.58, and the stock closed on Wednesday at $21.37.

Zoetis Inc. (NYSE: ZTS): HSBC Securities started coverage with a Buy rating. Its $230 target price is higher than the $220.08 consensus target and Wednesday’s close at $186.83.

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Wednesday’s top analyst upgrades and downgrades included American Express, Catalent, Centene, Lowe’s Companies, NetApp, Shoals Technologies, Valley National Bancorp and ZoomInfo Technologies.

Originally published at 24/7 Wall St.

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