BUY WALMART: Wells Fargo analyst Edward Kelly upgraded Walmart ($WMT) to Overweight from Equal Weight with a price target of $165, up from $150. Normalizing consumer behavior should allow Walmart to recapture share lost to conventional grocers during the pandemic, Kelly told investors in a research note. The analyst remains positive on the lower-end consumer "despite numerous cross currents" and sees more earnings certainty for Walmart in 2022 than at other retail peers. The stock's valuation looks attractive given the significant underperformance relative to peers, he added. Overall, Kelly sees an attractive opportunity at current share levels. BUY ANY DIP: Stephens analyst Nicholas Zangler upgraded Roku ($ROKU) to Overweight from Equal Weight with a price target of $475, up from $400, as he took over coverage of the stock. Roku "handily beat" expectations for revenue, ARPU, gross profit, adjusted EBITDA and net income in the second quarter, but investors' "hyperfocus" on a miss in active account growth and streaming hours could potentially pressure the stock, Zangler contended. His thesis is that all linear TV ad spend will shift to connected TV, driving connected TV ad spend to $72B over time from $9B currently, said the analyst, who would be "buying any dip" in the stock based on the active accounts miss. RISK-REWARD MORE BALANCED: Morgan Stanley analyst Lauren Schenk upgraded Etsy ($ETSY) to Equal Weight from Underweight with a price target of $163, up from $135. Etsy has delivered stronger, more durable top-line growth than she expected when she first went to Underweight as she underestimated the structural tailwind COVID would bring to the business. With the stock making a 14% after-hours move lower following earnings, Schenk thinks the risk/reward looks more balanced. Meanwhile, Roth Capital analyst Darren Aftahi downgraded Etsy to Neutral from Buy with a price target of $180, down from $245. The analyst noted that the company's organic growth slowed faster than expected in second quarter, while the third quarter guidance came in slightly softer than expected given that it includes two acquisitions, which should have helped offset some of the further decelerations in growth. Aftahi argued that it is hard to see how Etsy's growth can re-accelerate in the near-term as tough comps remain for three quarters "without another COVID tailwind." ANOTHER STRONG QUARTER: Benchmark analyst David Williams assumed coverage of Qorvo ($QRVO) with a Buy rating and $225 price target following what he called "another strong quarter and outlook." The demand environment remains strong and he continues to appreciate incremental content gains in 5G with increasing complexity. STRONGER THAN EXPECTED RECOVERY: Citi analyst George Choi upgraded Wynn Resorts ($WYNN) to Buy from Neutral with an unchanged price target of $120. Wynn surprised with a stronger than expected recovery in Las Vegas non-gaming revenue in the second quarter, Choi told investors in a research note. The analyst is also positive on the company's "effective" cost control in the U.S. and the sequential improvement in Macau. He thinks Wynn is also unlocking "significant value for investors" via the recently announced Wynn Interactive merger with Austerlitz. The recent Macau-related sell down is overdone, Choi argued.Disclosure: I may trade in the ticker symbols mentioned, both long or short. My articles represent my personal opinion and analysis and should not be taken as investment advice. Readers should do their own research before making decisions to buy or sell securities. Trading and investing include risks, including loss of principal. If you liked this article, please click the LIKE (thumbs up) button. Feel free to leave any comments, question, or opinions. (Sign-up if you haven't already done so). Follow us/bookmark us and check back occasionally for additional articles or comments on our page... Wild Tiger Trading - start/main page. .