Wednesday’s Top Analyst Upgrades and Downgrades: American Express, Disney, Etsy, Gilead Sciences, Norwegian Cruise, PayPal, Pinterest, Robinhood and More

Coherent Corp. (NASDAQ: COHR): Morgan Stanley’s upgrade to Overweight from Equal Weight included a price target hike to $45 from $43. The consensus target is $60.44. The stock closed on Tuesday at $38.40, which was up over 8% for the day on the upgrade.

Equinix Inc. (NASDAQ: EQIX): Cowen boosted its Market Perform rating to Outperform with an $811 target price. The consensus target is $723.59. Tuesday’s close at $707.01 was up close to 4% on the day.

Etsy Inc. (NASDAQ: ETSY): Citigroup initiated coverage with a Buy rating and a $161 price objective. The consensus target is lower at $121.04. The shares closed on Tuesday at $131.60.

FB Financial Corp. (NYSE: FBK): As Stephens downgraded the shares to Equal Weight from Overweight, it trimmed its $46 target price to $42. The consensus target is $45.13. Tuesday’s close at $38.33 was down 6% for the day on the downgrade.

Fiverr International Ltd. (NYSE: FVRR): Citigroup initiated coverage with a Buy rating and a $45 target price. The consensus target is $40.33. The stock closed on Tuesday at $31.72.

Gilead Sciences Inc. (NASDAQ: GILD): BofA Securities resumed coverage with a Neutral rating and an $85 target. The consensus target is $83.04. Tuesday’s close was at $88.75.

Humana Inc. (NYSE: HUM): Goldman Sachs raised its Neutral rating to Buy and changed its $575 target price to $652. The consensus target is $611.68. The stock closed on Tuesday at $523.06.

KeyCorp Inc. (NYSE: KEY): J.P. Morgan’s downgrade to Underweight from Neutral included a target price trim to $17 from $18.50. The consensus target is $20.65, and shares closed at $17.30.

NetApp Inc. (NASDAQ: NTAP): Morgan Stanley downgraded the stock to Underweight from Equal Weight. It also dropped its $66 target price to $58, well below the $78.71 consensus target. The stock closed at $64.91 on Tuesday.

Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH): When UBS downgraded the shares to Neutral from Buy, it cut its $24 target price to $19. The consensus target is $20.63. Tuesday’s close was at $15.03.

Okta Inc. (NASDAQ: OKTA): Cowen started coverage with a Market Perform rating and a $70 target price. The consensus target is $78.90. The stock closed almost 3% higher on Tuesday at $70.52.

PayPal Holdings Inc. (NASDAQ: PYPL): Piper Sandler resumed coverage with a Neutral rating and an $85 target price. The consensus target is up at $106.52. Tuesday’s closing share price was $73.70.

Pfizer Inc. (NYSE: PFE): The Goldman Sachs upgrade to Buy from Neutral included a target price hike to $60 from $47. The consensus target is $54.78. The shares closed on Tuesday at $53.07.

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