Tuesday’s Top Analyst Upgrades and Downgrades: Advance Auto Parts, Alphabet, Micron Technology, Ross Stores, Tesla and More

Alphabet Inc. (NASDAQ: GOOGL): Though UBS downgraded the stock to Hold from Buy, it also lifted its $123 target price to $132. The consensus target is $132.03. Monday’s $118.34 close was down over 3% on the day.

Ashland Inc. (NYSE: ASH): BMO Capital Markets downgraded the stock from Outperform to Market Perform and lowered its $109 target price to $90. The consensus target is $116.30. Monday’s close was at $82.94.

Biogen Inc. (NASDAQ: BIIB): Stifel reiterated a Buy rating with a $324 target price. That compares with a $335.59 consensus target and Monday’s closing print of $281.58.

Brinker International Inc. (NYSE: EAT): Wells Fargo started coverage with an Underweight rating and a $31 target price. The consensus target is $38.88. Monday’s close was at $34.47.

Burlington Stores Inc. (NYSE: BURL): Gordon Haskett upgraded the popular retailer to Buy from Accumulate, yet lowered its target price to $175. The consensus target is $213.09. The shares closed on Monday at $156.61.

Celanese Corp. (NYSE: CE): BMO Capital Markets downgraded the stock from Outperform to Market Perform and trimmed the $133 target price to $119. The consensus target is $124.17. The last trade for Monday was posted at $111.08.

Century Communities Inc. (NYSE: CCS): B. Riley Securities upgraded the stock to Buy from Neutral and has an $82 target price. The consensus target is $63.33. The shares closed on Monday at $71.64.

Cheesecake Factory Inc. (NASDAQ: CAKE): Wells Fargo started coverage with an Equal Weight rating and a $33 target price. The consensus target is $37.27. Monday’s close was at $32.41.

Chesapeake Energy Corp. (NASDAQ: CHK): Jefferies reiterated a Buy rating with a $112 target price. The consensus target is $107.22. The shares closed on Monday at $81.46.

Dave & Buster’s Entertainment Inc. (NASDAQ: PLAY): Zacks named this stock as its Bull of the Day, citing earnings momentum and a possible breakout. The stock closed most recently at $42.66, and the $56.50 consensus price target would be a multiyear high.

Enovis Corp. (NASDAQ: ENOV): Needham started coverage with a Buy rating and a $70 target price. The consensus target is $66.80. The stock closed almost 3% higher on Monday at $61.50.

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