Wednesday’s Top Analyst Upgrades and Downgrades: Emerson Electric, HP, Otis, QuantumScape, SunPower, Verizon and More

Fiverr International Ltd. (NYSE: FVRR): Roth MKM upgraded the shares to Buy from Neutral. Its $33 target price is well below the consensus target of $42.44. Tuesday’s close was at $24.16.

Gaming and Leisure Properties Inc. (NASDAQ: GLPI): Wedbush initiated coverage with an Outperform rating and a $51 target price. That compares the consensus target of $55.50 and Tuesday’s closing print of $44.26.

Generac Holdings Inc. (NYSE: GNRC): Roth MKM resumed coverage with a Neutral rating and a $116 target price. The consensus target is $139.52. Tuesday’s close was at $103.15.

HP Inc. (NYSE: HPQ): The BofA Securities upgrade to Buy from Underperform included a target price hike to $33 from $25. The consensus target is $29.54. The stock closed on Tuesday at $26.13 higher by 2%.

Interactive Brokers Inc. (NASDAQ: IBKR): UBS started coverage with a Neutral rating and has an $87 target price. The consensus target is $106.43. The shares closed on Tuesday at $86.89.

Oddity Tech Ltd. (NYSE: ODD): Truist’s upgrade was from Hold to Buy with a $54 target price. The consensus target is up at $58.67. The shares closed almost 6% higher on Tuesday at $29.57.

Otis Worldwide Corp. (NYSE: OTIS): UBS started coverage with a Buy rating and a $113 target price. The consensus target is $90.09. The shares close on Tuesday at $79.40.

QuantumScape Corp. (NYSE: QS): Goldman Sachs reiterated its Sell rating and trimmed its target price to $5 from $6. The consensus target is $6.89, and shares closed on Tuesday at $6.12.

SunPower Corp. (NASDAQ: SPWR): When Raymond James downgraded the shares to Outperform from Strong Buy, its $17 target price fell to $9. The consensus target is $10.03. Tuesday’s $5.47 close was down almost 3% on the day.

Symbotic Inc. (NASDAQ: SYM): KeyBanc Capital Markets initiated coverage with an Overweight rating and a $50 target price. The consensus target is $55.33. Tuesday’s close was at $31.19.

Verizon Communications Inc. (NYSE: VZ): Oppenheimer reiterated an Outperform rating with a $43 target price, The consensus target is $39.8. Tuesday’s final trade was for $31.98 a share.

Warby Parker Inc. (NYSE: WRBY): Evercore ISI upgraded the shares to Outperform from In Line and has a $20 target price. The consensus target is $15.75. The stock closed 3% higher on Tuesday at $13.72 after the upgrade.

Warner Music Group Corp. (NASDAQ: WMG): UBS upgraded the stock to Buy from Neutral. It also bumped its $34 target price to $37. The consensus target is $35.47. The shares ended Tuesday’s session at $31.01.

Wingstop Inc. (NASDAQ: WING): Jefferies upgraded the shares to Hold from Underperform and lifted its target price to $170 from $150. The consensus target is $201.82. Tuesday’s close at $177.02 was almost 4% lower for the day.

Tuesday’s top analyst upgrades and downgrades included AppLovin, Block, ConocoPhillips, Datadog, FedEx, Nvidia, Okta, PayPal, Rivian Automotive, Toast and Zscaler.

Originally published at 24/7 Wall St.

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