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

• Needham cut Apellis Pharmaceuticals, Inc. (NASDAQ:APLS) price target from $85 to $60. Needham analyst Joseph Stringer maintained a Buy rating. Apellis Pharmaceuticals shares closed at $28.08 on Tuesday. See how other analysts view this stock.
• Deutsche Bank raised the price target for Emerson Electric Co. (NYSE:EMR) from $136 to $140. Deutsche Bank analyst Nicole Deblase maintained a Buy rating. Emerson Electric shares closed at $117.67 on Tuesday. See how other analysts view this stock.
• HC Wainwright & Co raised the price target for Arcellx, Inc. (NASDAQ:ACLX) from $80 to $95. HC Wainwright & Co. analyst Emily Bodnar maintained a Buy rating. Arcellx shares closed at $87.12 on Tuesday. See how other analysts view this stock.
• Morgan Stanley slashed NXP Semiconductors N.V. (NASDAQ:NXPI) price target from $250 to $235. Morgan Stanley analyst Joseph Moore maintained an Equal-Weight rating. NXP Semiconductors shares settled at $224.65 on Tuesday. See how other analysts view this stock.
• Stifel raised Freshpet, Inc. (NASDAQ:FRPT) price target from $155 to $165. Stifel analyst Mark Astrachan maintained a Buy rating. Freshpet shares closed at $151.59 on Tuesday. See how other analysts view this stock.
• Baird increased Choice Hotels International, Inc. (NYSE:CHH) price target from $138 to $145. Baird analyst Michael Bellisario maintained an Outperform rating. Choice Hotels shares closed at $139.46 on Tuesday. See how other analysts view this stock.
• Baird raised the price target for Lululemon Athletica Inc. (NASDAQ:LULU) from $350 to $380. Baird analyst Mark Altschwager maintained an Outperform rating. Lululemon shares settled at $319.23 on Tuesday. See how other analysts view this stock.
• Morgan Stanley raised Broadridge Financial Solutions, Inc. (NYSE:BR) price target from $200 to $207. Morgan Stanley analyst James Faucette maintained an Equal-Weight rating. Broadridge Financial shares closed at $218.30 on Tuesday. See how other analysts view this stock.
• Baird boosted the price target for Cummins Inc. (NASDAQ:CMI) from $330 to $372. Baird analyst David Leiker maintained a Neutral rating. Cummins shares closed at $354.46 on Tuesday. See how other analysts view this stock.
• Morgan Stanley cut Lionsgate Studios Corp. (NASDAQ:LION) price target from $133 to $173. Truist Securities analyst Jamie Cook upgraded the stock from Hold to Buy. Lionsgate Studios shares closed at $6.76 on Tuesday. See how other analysts view this stock.

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