Wednesday’s Top Analyst Upgrades and Downgrades: AMC, Comerica, Dell, Etsy, Fisker, Micron Technology, Pinterest, Snap and More

Micron Technology Inc. (NASDAQ: MU): Evercore ISI reiterated an Outperform rating and boosted its target price to $90 from $80. The consensus target is $78.17. Tuesday’s close was at $67.94.

Nordson Corp. (NASDAQ: NDSN): The Jefferies downgrade to Hold from Buy included a price target cut to $240 from $260. The consensus target is $262.17. The shares closed Tuesday’s session at $216.25, almost 4% lower for the day, after the downgrade.

Opendoor Technologies Inc. (NASDAQ: OPEN): Though Gordon Haskett upgraded the stock to Hold from Underperform, the analyst trimmed the target price to $2.25 from $2.50. The consensus target is $2.88. Tuesday’s close was at $2.36.

Pinterest Inc. (NYSE: PINS): Jefferies initiated coverage with a Buy rating and a $32.10 target price. The consensus target is $32.89. The shares closed on Tuesday at $25.91.

SiteOne Landscaping Supply Inc. (NYSE: SITE): UBS upgraded the stock to Buy from Neutral and lifted its $145 price objective to $200. That compares with a $166.67 consensus target and Tuesday’s closing share price of $160.32.

Snap Inc. (NYSE: SNAP): HSBC Securities started coverage with a Reduce rating and a $7.50 target price. The consensus target is $9.72. Tuesday’s final trade was for $8.34 a share.

Teradyne Inc. (NASDAQ: TER): Northland Capital upgraded the shares to Outperform from Market Perform. Its $126 price target compares with a consensus target of $122.35 and Tuesday’s closing share price of $95.83.

Wingstop Inc. (NASDAQ: WING): Stifel’s upgrade to Buy from Hold came with a target price hike to $200 from $180. The consensus target is $200.65. Tuesday’s $176.79 close was a gain of 2% for the day.

W.P. Carey Inc. (NYSE: WPC): BMO Capital Markets cut its Outperform rating to Market Perform and its $75 price target to $60. The consensus target is $70.44, and the shares ended the Monday trading session at $54.57.

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Tuesday’s top analyst upgrades and downgrades included AstraZeneca, Ballard Power Systems, Bloom Energy, BHP, Cleveland-Cliffs, CrowdStrike, Dow, Nike, Plains All-American Pipeline, Sealed Air and Urban Outfitters.

Originally published at 24/7 Wall St.

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