The Latest Upgrades and Downgrades Analyst Reports: Netflix, Nio

The weekly guide to upgrades, downgrades and price target changes includes price target downgrades to Netflix, Boeing, and Spotify.
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Stock analysts were busy this week as they issued reports on such companies as Harley-Davidson  (HOG) - Get Report, Boeing  (BA) - Get Report, and Spotify  (SPOT) - Get Report.

Upgrades

Harley-Davidson  (HOG) - Get Report was upgraded by BMO Capital analyst Gerrick Johnson to outperform from market perform. He raised his price target to $33 a share from $23.

Downgrades

Intel  (INTC) - Get Report was downgraded by Goldman Sachs analyst Toshiya Hari to sell from neutral with a price target of $54, down from $65.

Nio  (NIO) - Get Report was downgraded by Goldman Sachs analyst Fei Fang for the second time in a month, to sell from neutral. 

Walt Disney  (DIS) - Get Report shares were downgraded by Cowen analyst Doug Creutz to market perform from outperform. Creutz trimmed his price target to $97 from $101.

Netflix NFLX was downgraded by UBS analyst Eric Sheridan to neutral from buy, with a price target of $535. 

Spotify  (SPOT) - Get Report was cut to sell from buy Eric Sheridan, a UBS analyst, who raised his price target to $204 from $189.

Boeing  (BA) - Get Report was downgraded to underperform from peer perform by Wolfe analyst Hunter Keay, who has a share-price target of $149.

Peloton Interactive  (PTON) - Get Report was downgraded by UBS analysts to neutral from buy. The analysts raised their share-price target to $58 from $48.

Price Target Changes

Amazon's  (AMZN) - Get Report price target was raised to $3,700 from $2,750 by Cowen analyst John Blackledge, who affirmed his outperform rating.

Cruise ship operator Carnival's  (CCL) - Get Report price target was lowered to $24 from $30 by Stifel analyst Steven Wieczynski, who kept his buy rating on the shares. Wedbush analyst James Hardiman lowered his price target on Carnival to $20 from $29, while affirming his neutral rating.

Mohawk Industries  (MHK) - Get Report: Wells Fargo analyst Truman Patterson lowered his price target on the flooring-products maker to $70 from $80 while keeping an underweight rating on the shares. 

Tesla's  (TSLA) - Get Report price target was raised $1,400 from $700 by Credit Suisse analysts Dan Levy and AJ Denham.

Apple's  (AAPL) - Get Report price target was raised to $450 from $350 by Needham analyst Laura Martin, who affirmed her buy rating.

Nvidia’s  (NVDA) - Get Report price target was raised to $475 from $410 by Cowen analyst Matthew Ramsay, who affirmed his outperform rating.

Initiation of Coverage

Biopharmaceutical company Moderna  (MRNA) - Get Report was initiated with a buy rating by Jefferies analyst Michael Yee with a share-price target of $90.

Electric vehicle maker Nikola  (NKLA) - Get Report was initiated with a hold rating by Deutsche Bank analyst Emmanuel Rosner with a $54 price target.

Walt Disney was initiated with a buy rating and a $137 price target by Goldman Sachs analyst Brett Feldman.