Stocks closed up on Thursday on stimulus talks and ahead of the final presidential debate, and the major indexes were indicated to open about 0.3% higher on Friday morning. Earnings season is in full swing, and the election is now less than two weeks away. Though many investors missed out on the recovery since late March, many key leadership stocks have pulled back from their highs to more attractive entry points.

24/7 Wall St. reviews dozens of analyst research reports each day of the week with a goal of finding new ideas for investors and traders alike. Some of these daily analyst calls cover stocks to buy. Other calls cover stocks to sell or avoid. Remember that no single analyst call should ever be used as a basis to buy or sell a stock. Consensus analyst target data is from Refinitiv.

These are the top analyst upgrades, downgrades and initiations seen on Friday, October 23, 2020.

Arch Resources Inc. (NYSE: ARCH) was maintained as Buy but its price target was cut to $54 from $60 (versus a $37.22 prior close) at Benchmark. The stock had a $53.83 consensus target price.

Axalta Coating Systems Ltd. (NYSE: AXTA) was reiterated as Overweight and its price target was raised to $33 from $28 (versus a $26.68 close) at KeyBanc Capital Markets.

BigCommerce Holdings Inc. (NASDAQ: BIGC) was started as Neutral with a $90 price target (versus an $89.95 close, after a 6.1% drop) at Wedbush Securities. It had a $100 consensus target price.

Carlisle Companies Inc. (NYSE: CSL) was named as the Zacks Bear of the Day stock. The firm said that the stock is rocking but the earnings picture could be rolling over. Shares last closed at $129.36 and have a consensus price target of $148.25.

Cerence Inc. (NASDAQ: CRNC) was reiterated as Outperform and its target price was raised to $75 from $60 (versus a $62.10 close, after a 5.4% gain) at Wedbush Securities.

Citrix Systems Inc. (NASDAQ: CTXS) was downgraded to Equal Weight from Overweight at Morgan Stanley.

CRISPR Therapeutics A.G. (NASDAQ: CRSP) was started as Sector Perform with a $110 target price (versus a $90.16 close) at RBC Capital Markets. The stock had a $96.20 consensus target price.

Dunkin’ Brands Group Inc. (NASDAQ: DNKN) was reiterated as Overweight and its target price was raised to $97 from $78 (versus an $89.13 close) at KeyBanc Capital Markets.

Fastly Inc. (NYSE: FSLY) was downgraded to Underweight from Neutral with a $65 target price (versus a $79.21 close) at Piper Sandler. The stock has traded lower every day since the prior week’s warning, although it was positive on Thursday until the last hour, ending with a loss of four cents a share at $79.21.

Intel Corp. (NASDAQ: INTC) closed up 0.75% at $53.90 ahead of earnings, but the processor giant was light on data center sales and its shares were last seen down 9.8% at $48.60 on Friday morning. Mizuho maintained Intel as Buy but cut its price target to $60 from $63. Wedbush Securities reiterated its Underweight rating and cut its target price from $51 to $48.

Mattel Inc. (NASDAQ: MAT) was reiterated as Overweight and its price target was raised to $16 from $14 (versus a $12.92 close) at KeyBanc Capital Markets. The stock was indicated up over 7% at $13.86 a share on Friday after earnings.

NextGen Healthcare Inc. (NASDAQ: NXGN) was reiterated as Neutral and its price target was raised to $15 from $13 at Cantor Fitzgerald, and SVB Leerink reiterated its Market Perform rating and raised its target from $12 to $14.

Overstock.com Inc. (NASDAQ: OSTK) was reiterated as Buy and its price target was raised to $98 from $96 (versus a $71.40 close) at Needham.

Pioneer Natural Resources Co. (NYSE: PXD) was raised to Overweight from Neutral and its target price was cut to $106 from $121 (versus an $83.00 close, after a 5.8% gain) at Piper Sandler. The stock was indicated up almost 2% at $84.50 a share on Friday morning, and it had a $131.28 consensus target price.

Pool Corp. (NASDAQ: POOL) was reiterated as Overweight and its target price was raised to $400 from $335 (versus a $350.26 close) at KeyBanc Capital Markets.

PulteGroup Inc. (NYSE: PHM) was raised to Outperform from Sector Perform and its price target was raised to $53 from $52 (versus a $42.64 close, after a 6.75% drop) at RBC Capital Markets. Susquehanna upgraded it to Positive from Neutral and raised its target to $54 from $53. Shares were last seen trading up 1.2% at $43.17.

Seagate Technology PLC (NASDAQ: STX) was raised to Buy from Hold with a $60 target price (versus a $51.79 close) at Benchmark.

Shake Shack Inc. (NYSE: SHAK) was started with an Outperform rating and a $90 target price (versus a $72.56 close) at Oppenheimer. The stock had a $59.29 consensus analyst target.

Shutterstock Inc. (NYSE: SSTK) was started with a Market Outperform rating and a $72 target price (versus a $60.32 prior close) at JMP Securities.

Sirius XM Holdings Inc. (NASDAQ: SIRI) was up 2.2% at $5.99 after earnings on Thursday and was indicated to open flat on Friday. Benchmark reiterated it as Buy and raised its target price to $8 from $7.

Southwest Airlines Co. (NYSE: LUV) was reiterated as Strong Buy and its price target was raised to $49 from $45 (versus a $41.93 close) at Raymond James.

Tesla Inc. (NASDAQ: TSLA) was maintained as Equal Weight and its price target was raised to $360 from $333 at Morgan Stanley.

Under Armour Inc. (NYSE: UAA) was reiterated as Strong Buy and its target price was raised to $20 from $15 (versus a $14.18 close) at Raymond James

Werner Enterprises Inc. (NASDAQ: WERN) was named as the Bull of the Day at Zacks, which said it looks like it has a good chance of a solid upcoming earnings report. Shares most recently closed at $41.73 and have a consensus price target of $49.53.

Jefferies top value picks actually are some large-cap leaders that make sense for more conservative growth investors looking for ideas for the rest of 2020 and beyond.

Thursday’s top analyst upgrades and downgrades included Abbott Laboratories, Chipotle Mexican Grill, Netgear, Parsley Energy, Peloton Interactive, Pinterest, Tesla, Wayfair, WPX Energy and Zscaler.

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