Monster Beverage Inc. (NASDAQ: MNST): Citigroup initiated coverage with a Buy rating and a $121 target price. The consensus target is $108.38. Friday’s close was at $104.18.
Roku Inc. (NASDAQ: ROKU): BofA Securities upgraded the stock to Buy from Underperform and boosted its $45 target price all the way to $85. The consensus target is $66.37, and shares closed on Friday at $71.56.
TechnipFMC PLC (NYSE: FTI): Citigroup upgraded the shares to Buy from Neutral. Its $18 target price is higher than the consensus target of $14.60. The stock was last seen on Friday trading at $14.01.
Texas Roadhouse Inc. (NASDAQ: TXRH): Stifel’s downgrade to Hold from Buy came with a target price trim to $105 from $110. The consensus target is $105.67, and shares closed on Friday at $104.32. As they are trading just shy of a 52-week high, this looks like a valuation call.
Toast Inc. (NYSE: TOST): When SMBC Nikko downgraded the shares to Neutral from Buy, the analyst also cut the $26 price target to $23. The consensus target is $24.41. The last trade on Friday came in at $19.48.
Wix.com Ltd. (NASDAQ: WIX): Credit Suisse started covering the stock with an Outperform rating and a $105 target price. That compares with a $98.93 consensus target and Friday’s closing print of $85.40.
XP Inc. (NASDAQ: XP): As Credit Suisse downgraded the shares to Underperform from Neutral, it sliced its $27 price target to $15. The consensus target is $27.07 for now. Friday’s close at $12.91 was down 19% for the day after the company missed earnings and revenue estimates.
Zim Integrated Shipping Services Ltd. (NYSE: ZIM): J.P. Morgan upgraded the stock to Overweight from Neutral. Its prior $17.60 target price is now $30.40, above the $28.07 consensus target. The stock closed over 4% higher on Friday at $22.16.
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Friday’s top analyst upgrades and downgrades included Activision Blizzard, Analog Devices, Baker Hughes, Coinbase Global, Devon Energy, Electronic Arts, Expedia, Fastly, Marathon Oil, Nvidia, Roku, Shopify, Tripadvisor and Twilio.
Originally published at 24/7 Wall St.
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