Wednesday’s Top Analyst Upgrades and Downgrades: Abbott Labs, Boston Scientific, Coinbase, Dollar General, Ford, Hasbro, Johnson & Johnson, Kenvue, Medtronic and More

Boston Beer Co. Inc. (NYSE: SAM): Roth MKM upgraded the shares to Buy from Neutral. It also raised its $274 price target to $386, above the $300.31 consensus target. Tuesday’s close at $334.93 was up close to 5% for the day on the upgrade.

Boston Scientific Corp. (NYSE: BSX): Morgan Stanley resumed coverage with an Overweight rating and a $58 target price. The consensus target is $58.40. Tuesday’s close was at $50.49.

ChargePoint Holdings Inc. (NASDAQ: CHPT): The Neutral rating at BofA Securities is now at Buy, but the $15.50 price target slipped to $14. The consensus target is $17.03. The stock closed on Tuesday at $9.69, up over 14% for the day on the upgrade.

Coinbase Global Inc. (NASDAQ: COIN): Atlantic Equities upgraded the shares to Overweight from Neutral. Its $70 target price is a little higher than the consensus target. The stock closed on Tuesday at $61.17, which was a one-day gain of almost 8% after the upgrade.

Constellation Brands Inc. (NYSE: STZ): Roth MKM’s upgrade to Buy from Neutral included a price target hike to $270 from $216. The consensus target is $259.05. Tuesday’s $237.06 close was almost 2% higher for the day.

Cooper Companies Inc. (NYSE: COO): Morgan Stanley started coverage with an Equal Weight rating and a $410 target price. The consensus target is $396.00, and the shares closed on Tuesday at $368.20.

Cracker Barrel Old Country Store Inc. (NASDAQ: CBRL): Truist Financial reduced its $105 target price to $103 while keeping a Hold rating. The consensus target is $106.29. Tuesday’s close was at $100.72.

CRISPR Therapeutics AG (NASDAQ: CRSP): William Blair started coverage with an Outperform rating and a $75 target price. The consensus target is $83.42. The stock closed on Tuesday at $64.63.

Dollar General Corp. (NYSE: DG): Oppenheimer reiterated an Outperform rating with a $240 target price. That is just shy of the $240.38 consensus target. The close on Tuesday was at $203.84.

Equitrans Midstream Corp. (NYSE: ETRN): RBC Capital Markets raised its Sector Perform rating to Outperform and its $7 target price to $10. The consensus target is $7.11. The shares closed on Tuesday at $8.21, which was up almost 35% for the day on the upgrade and the possible positive ramifications from the debt ceiling bill.

Ford Motor Co. (NYSE: F): As Jefferies upgraded the shares to Buy from Hold, the $13 target price increased to $16. The consensus target is $13.29. Wednesday’s $12.59 close up over 4% for the day on the upgrade.

Hasbro Inc. (NYSE: HAS): Stifel reiterated a Buy rating and lifted its target price to $75 from $70. The consensus target is $73. The shares were closed on Tuesday at $60.44.

Heico Corp. (NYSE: HEI): Vertical Research upgraded the stock from Hold to Buy with a $191 target price. The consensus target is $177.64. The shares closed on Tuesday at $159.15.

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