Tuesday’s Top Analyst Downgrades and Upgrades: AT&T, Baxter, Lennar, L3 Harris, MGM Resorts, Nvidia and More

Celanese Corp. (NYSE: CE): Jefferies reiterated a Hold rating with a $111 target. The consensus target is $117.79. The stock closed on Monday at $101.02.

Centene Inc. (NYSE: CNC): Truist Securities reiterated a Buy rating with a $100 target price. The consensus target is $100.53. Monday’s close was at $81.42.

Darden Restaurants Inc. (NYSE: DRI): Truist Securities raised its $142 target price to $156 while keeping a Buy rating. The consensus target is $150.40. The stock closed at $138.30 on Monday.

DZS Inc. (NASDAQ: DZSI): Cowen started coverage with an Outperform rating and a $25 price target. The consensus target is $22.20. Monday’s close was at $11.36.

Glaukos Inc. (NASDAQ: GKOS): Though J.P. Morgan upgraded the stock to Neutral from Underweight, it lowered its $48 target price to $42. The consensus target is higher at $59.22. The stock closed on  Monday at $42.28.

Global Partners L.P. (NYSE: GLP): Energy stocks continue to show relative strength and earnings momentum, according to Zacks, which selected this one as its Bull of the Day. The shares last closed at $32.72, which is more than 57% higher than six months ago.

Lennar Corp. (NYSE: LEN): Raymond James maintained a Market Perform rating on the homebuilder and has a $90 target price. The consensus target is higher at $102.88. The stock closed on Monday at $90.10.

Louisiana-Pacific Corp. (NYSE: LPX): The Buy rating at TD Securities dropped to Hold with a $72 target price. The $66.89 consensus target is nearer to Monday’s closing price of $60.75 a share.

L3 Harris Technologies Inc. (NYSE: LHX): Baird downgraded the defense giant to Neutral from Outperform and cut its $290 target price to $241. The shares have traded as high as $279.71 in the past year but closed on Monday at $205.42.

Madrigal Pharmaceuticals Inc. (NASDAQ: MDGL): Piper Sandler reiterated an Overweight rating and raised its $203 target price all the way to $280. The consensus target is $152.58 for now. The stock closed on Monday at $234.83, up 268% after the company posted incredible late-stage clinical results.

Main Street Capital Corp. (NASDAQ: MAIN): UBS initiated coverage with a Neutral rating and a $40 target price. The consensus target is $41.40. The stock closed almost 3% lower on Monday at $35.89.

MGM Resorts International (NYSE: MGM): Now is not the time to gamble on this casino name, says Zacks of its Bear of the Day stock. Shares have traded as high as $49.00 in the past year but closed most recently at $34.22, after a more than 4% tumble on Monday.

Sponsored: Find a Qualified Financial Advisor

Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.