Stocks are higher across the board at the midpoint of trading on Monday as investors are buying the massive Friday dip despite some hawkish commentary from St. Louis Federal Reserve President Jim Bullard on Friday. He indicated that continued higher inflation data could force the Fed to start raising rates next year. This comes on the heels of the Fed’s statement last week that said they were penciling in two rate hikes, but not until 2023. Investors should note that the last two trading weeks in June since 1950 have been the worst weeks in the entire year, and last week held true to form.

24/7 Wall St. is reviewing some big analyst calls seen on Thursday. We have included the latest analyst call on each stock, as well as recent trading history and the consensus targets among analysts.

In case you missed it, here are Monday’s early analyst upgrades and downgrades. They included Accenture, Arcturus, Elastic, Marathon, Riot Blockchain, Resmed, Sykes Enterprises, Western Alliance Bancorp and more.

The AES Corporation (NYSE: AES) Susquehanna initiated coverage on the company with a Positive rating and a $32 price target. That is versus the lower $29.50 Wall Street consensus price objective. The 52-week trading range for the shares is $13.18 to $29.07.

CAI International, Inc. (NYSE: CAI) William Blair downgraded the shares to Market Perform from Outperform. The stock has traded between $15.51 and $56.13 and has a $56 price target. Trading just shy of the 52 week high, this looks like a valuation call.

Eastman Chemical Company (NYSE: EMN) Scotiabank upgraded the stock to Sector Outperform from Sector Perform. The stock has traded between $65.86 and $137.47 over the last 52 weeks and has a $133 consensus price target across Wall Street.

Flywire Corporation (NASDAQ: FLYW) JPMorgan initiated coverage with an Overweight rating and a $45 price target, while Raymond James started coverage with an Outperform rating and a $39 price target. Goldman Sachs also likes the company and started coverage with a Buy rating and a $28 price target. Flywire was a recent successful initial public offering and has traded between $27.63 and $37.14 since the deal was priced late last month.

Northern Oil and Gas, Inc. (NYSE: NOG) BofA Securities resumed coverage of the energy company with a Buy rating and raised the firm’s price target to $24 from $20. The consensus target is posted lower at $22.88. The shares have traded in a 52-week range of $3.35 to $20.88.

Pioneer Natural Resources Company (NYSE: PXD) Bernstein raised the shares of the Permian Basin energy leader to Outperform from Market Perform. Over the last year, the stock has traded in a wide range between $76.58 and $175.37. The consensus price target across Wall Street is set at $$203.91.

Rio Tinto Group (NYSE: RIO) UBS downgraded the mining giant to Sell from Neutral. The shares have traded between $55.27 and $99.57 over the last 52 weeks and have a $101.98 consensus price target on Wall Street.

ZipRecruiter, Inc. (NYSE: ZIP) Raymond James started coverage with a Strong Buy rating and a $36 price target, while William Blair began coverage with an Outperform rating. The company recently came public with a direct listing at the end of May. Since then the shares have traded between $19.32 and $24.83.

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