Wednesday’s Top Analyst Upgrades and Downgrades: AMD, Apple, AT&T, Dollar General, FedEx, Molson Coors, Uber and More

AT&T Inc. (NYSE: T): The Underperform rating at MoffettNathanson is now at Market Perform. The firm’s $17 target price compares with a consensus target of $20.73 and Tuesday’s close at $15.67.

Booking Holdings Inc. (NASDAQ: BKNG): Wedbush initiated coverage with an Outperform rating and a $3,060 target price. The consensus target is lower at $2,884.77. The shares ended Tuesday trading at $2,708.10.

Cabot Corp. (NYSE: CBT): When J.P. Morgan downgraded the shares to Neutral from Overweight, its $87 target price dropped to $80. The consensus target is $91.33. The stock closed on Tuesday at $73.68.

Cenovus Energy Inc. (NYSE: CVE): The Goldman Sachs upgrade to Buy from Neutral included a target price nudge to $22 from $20. The consensus target is $22.35. Tuesday’s close was at $17.45.

Cigna Group (NYSE: CI): BofA Securities boosted its Neutral rating to Buy and has a $320 target price objective. The consensus target is $328.13, and the stock closed on Tuesday at $263.20.

Dollar General Corp. (NYSE: DG): Wells Fargo’s downgrade to Equal Weight from Overweight included a target price cut to $165 from $178. The consensus target is $198.46. The shares closed on Tuesday at $157.11.

DTE Energy Co. (NYSE: DTE): Although UBS upgraded the utility giant to Buy from Neutral, the firm trimmed its $129 target price to $124. The consensus target is $129. Tuesday’s close was at $109.59.

Dynatrace Inc. (NYSE: DT): D.A. Davidson started coverage with a Neutral rating and a $50 target price. The consensus target is $52.43, and shares closed on Tuesday at $52.66.

EPAM Systems Inc. (NYSE: EPAM): Barclays lowered its Overweight rating to Equal Weight and its $310 target price to $220. The consensus target is $304.16. The stock closed on Tuesday at $208.77.

FedEx Corp. (NYSE: FDX): Atlantic Equities initiated coverage with an Overweight rating. Its $265 target price is well above the consensus target of $253.19 and Tuesday’s close at $219.50.

Lennox International Inc. (NYSE: LII): KeyBanc Capital Markets upgraded the stock to Overweight from Sector Weight. Its $355 price objective compares with a consensus target of $286.31 and Tuesday’s $299.74 close.

McCormick & Co. Inc. (NYSE: MKC): BofA Securities raised the stock to Neutral from Underperform. It also lifted its $75 target price to $100, well above the consensus target of $79.52. The stock closed on Tuesday at $90.15.

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