Wednesday’s Top Analyst Upgrades and Downgrades: Cisco, Home Depot, Netflix, Snowflake, Tyson Foods, Workday and More

Snowflake Inc. (NYSE: SNOW): Stifel maintained a Hold rating with a $180 target. The consensus target is higher at $216.77. Tuesday’s $163.49 close was up almost 4% on the day.

Sohu.com Ltd. (NASDAQ: SOHU): BofA Securities reiterated a Buy rating with a $25.50 target price. The stock has traded as high as $20.02 in the past year but closed most recently at $14.24.

Tenable Holdings Inc. (NASDAQ: TENB): Truist Financial reiterated a Buy rating with a $50 target price. The consensus target is $48.36. The shares closed on Tuesday at $40.33, which was up close to 5% for the day.

Tyson Foods Inc. (NYSE: TSN): BofA Securities reiterated an Underperform rating with a $62 target price. The consensus is higher at $85.45. The shares closed on Tuesday at $64.34.

UiPath Inc. (NYSE: PATH): BofA Securities reiterated a Buy rating. Its $18 target price compares with a $17.38 consensus figure. The stock closed on Tuesday at $13.41, up over 11% after posting better-than-expected earnings.

Unity Software Inc. (NYSE: U): Goldman Sachs reinstated coverage with a Neutral rating and a $36 target price. The consensus target is $38.49. The stock closed up 10% on Tuesday at $36.04 after posting solid results.

Workday Inc. (NASDAQ: WDAY): Oppenheimer reiterated an Outperform rating with a $205 target price. The consensus target is $209.97. The stock closed at $160.74, up almost 5% on the tech strength Tuesday.

Zscaler Inc. (NASDAQ: ZS): Stifel maintained a Buy rating and a $190 target price. The consensus target is $218.51. Tuesday’s $147.26 close was a gain of close to 8% on the Nasdaq strength.

As Warren Buffett takes a surprising $5 billion stake in a semiconductor maker, BofA Securities suggests it is time for investors to test the waters with five top semiconductor picks that may be poised to turn around next year.

Tuesday’s top analyst upgrades and downgrades included Advanced Micro Devices, Arista Networks, Biogen, CyberArk Software, Global Payments, Kanzhun, Medical Properties Trust, Meta Platforms, Nvidia and Redfin.

Originally published at 24/7 Wall St.

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