This Gap Analyst Turns Bullish; Here Are Top 5 Upgrades For Thursday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

• TD Cowen analyst Shaul Eyal upgraded the rating for Fortinet, Inc. FTNT from Hold to Buy and announced a price target of $75. Fortinet shares fell 0.6% to settle at $59.11 on Wednesday. See how other analysts view this stock. See how other analysts view this stock.
• Mizuho analyst Dan Dolev upgraded Toast, Inc. TOST from Neutral to Outperform, while raising the price target from $21 to $33. Toast shares fell 2.5% to close at $26.62 on Wednesday. See how other analysts view this stock.
• Morgan Stanley analyst Alex Straton upgraded the rating for The Gap, Inc. GPS from Equal-Weight to Overweight, while increasing the price target from $27 to $29. Gap shares fell 4.6% to close at $22.95 on Wednesday. See how other analysts view this stock.
• Baird analyst Joel Beatty upgraded e.l.f. Beauty, Inc. ELF from Neutral to Outperform, while boosting the price target from $210 to $230. e.l.f. Beauty shares dipped 9.7% to close at $170.70 on Wednesday. See how other analysts view this stock.
• Citigroup analyst Paul Lejuez upgraded the rating for V.F. Corporation VFC from Neutral to Buy and raised the price target from $11 to $20. VF shares gained 13.6% to close at $16.15 on Wednesday. See how other analysts view this stock.

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