Miners Lead the Upgrades

RBC Capital made the boldest call of the day. Analyst Josh Wolfson raised his target on NEM to $155 from $135. That is a $20 jump for the $130 billion gold miner.

RBC also lifted its target on copper giant FCX to $85 from $73. Both upgrades come as metal prices stay elevated. Freeport carries a market cap near $100 billion.

Raymond James went positive on fintech name JKHY. Analyst John Davis upgraded Jack Henry & Associates to Buy with a $199 target. The stock had a $192 consensus target before the move.

On the downside, Wells Fargo's Mike Mayo trimmed his target on HBAN to $21 from $23. The bank stock still sits on a Buy rating. Consensus across 20 analysts also nudged lower to $20.19.

CCL saw Stifel cut its target to $35 from $37. Analyst Steven Wieczynski kept a Buy. The cruise operator holds a broad buy consensus but the trim signals some caution heading into the autumn season.

COST got a fresh Buy initiation from Oppenheimer with a $1,160 target. That is one of the highest targets on Wall Street for the retailer.