Tuesday’s Top Analyst Upgrades and Downgrades: Boeing, BP, Costco, DoorDash, Meta Platforms, Okta, Shell, Splunk and More

Church & Dwight Co. Inc. (NYSE: CHD): Argus upgraded the stock to Buy from Hold and has a $78 target price. The consensus target is 82.11. Monday’s $72.86 close was a 2% gain for the day.

Costco Wholesale Corp. (NASDAQ: COST): Wells Fargo downgraded the stock to Equal Weight from Overweight. It also cut its $600 target to $490, below the $565.79 consensus target. Monday’s close was at $488.55.

Dominion Energy Inc. (NYSE: D): As UBS downgraded the utility to Neutral from Buy, it lowered the $83 target price to $73. The consensus target is $79.40. The shares closed over 6% lower on Monday at $62.94 despite earnings that beat estimates last week.

DoorDash Inc. (NYSE: DASH): Oppenheimer upgraded the popular food delivery company from Perform to Outperform with a $70 target price. That is less than the $80.95 consensus but well above Monday’s closing print of $52.10.

EnLink Midstream LLC (NYSE: ENLC): Zacks named this energy play as its Bull of the Day stock, citing skyrocketing earnings estimates. Shares last closed at $12.08, and the $12.72 consensus price target would be a 52-week high.

Estee Lauder Companies Inc. (NYSE: EL): Berenberg downgraded the fragrance and makeup giant to Hold from Buy and slashed its $323 target price to $220. That compares with a $248.88 consensus target and Monday’s closing print of $206.01.

Fluor Corp. (NYSE: FLR): D.A. Davidson raised its Neutral rating to Buy, and it lifted the target price to $40 from $25. The stock closed on Monday at $33.97, up over 7% on the day despite earnings that lagged Wall Street estimates.

Greenbrier Companies Inc. (NYSE: GBX): Susquehanna’s downgraded to Neutral from Positive included a price target hike to $37 from $30. The consensus target is $37.60. The stock closed on Monday at $37.58.

Hanover Insurance Group Inc. (NYSE: THG): Piper Sandler’s downgrade was to Neutral from Overweight, and it has a $144 target price. The consensus target is $152.20. Monday’s close was at $141.41.

Meta Platforms Inc. (NASDAQ: META): Itau BBA raised shares of the Facebook and Instagram parent company from Market Perform to Outperform with a $102 target price. The consensus target is higher at $156.65. The stock closed almost 7% higher on  Monday at $96.72. Reports indicate that the company was poised to start some big layoffs.

NOV Inc. (NYSE: NOV): Wells Fargo’s upgrade to Equal Weight from Underweight included a target price hike to $25 from $16. The consensus target is $23.59. Monday’s close was at $23.94.

Okta Inc. (NASDAQ: OKTA): Guggenheim upgraded the stock from Neutral to Buy with a $65 price objective. The consensus target is up at $89.47. The shares ended Monday at $47.24, a gain of close to 5% on the day. The upgrade likely helped.

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