Meta Platforms Inc. (NASDAQ: META): Goldman Sachs raised its $215 target price on the Buy-rated stock to $245. The consensus target is $224.64. The shares closed on Thursday at $220.35, up just shy of 3% for the day.
Primerica Inc. (NYSE: PRI): Raymond James initiated coverage with a Strong Buy rating and a $244 target price. The consensus target is just $188.20, and Thursday’s close was at $177.74.
PubMatic Inc. (NASDAQ: PUBM): B. Riley Securities initiated coverage with a Buy rating and a $20 price objective. The consensus target is $18.15. Thursday’s $14.55 close was up over 5% for the day on the coverage.
Reata Pharmaceuticals Inc. (NASDAQ: RETA): Stifel raised its $105 target price to $115 while maintaining a Buy rating. The consensus target is $114.70. On Thursday, the stock closed at $96.01.
RxSight Inc. (NASDAQ: RXST): Oppenheimer started coverage with an Outperform rating and a $23 target price. The consensus target is $20.50. Thursday’s close at $17.87 was up over 3% on the day.
Shopify Inc. (NYSE: SHOP): Oppenheimer reiterated an Outperform rating with a $65 target price. The consensus target is $49.48. Thursday’s final trade was for $45.73 a share.
SolarEdge Technologies Inc. (NASDAQ: SEDG): HSBC Securities started coverage with a Buy rating and a $418 target price. The consensus target is $366.40. Thursday’s $306.89 close was up almost 8% for the day on the upgrade and positive sentiment for the industry.
Steven Madden Ltd. (NASDAQ: SHOO): Citigroup’s upgrade was to Buy from Neutral. Its $40 target price is now $42, while the consensus target is $39.00. The stock closed at $35.10 on Thursday.
SunPower Corp. (NASDAQ: SPWR): As BofA Securities upgraded the stock to Neutral, it bumped its $14 target to $15. The consensus target is $18.01. Thursday’s close at $14.04 was over a 7% gain for the day on the upgrade and positive commentary.
World Wrestling Entertainment Inc. (NYSE: WWE): Morgan Stanley’s Equal Weight rating rose to Overweight and its target price to $120 from $105. The consensus target is $99.89. The stock closed on Thursday at $103.15.
Real estate investment trusts pay among the best distributions of any asset class. Seven beaten-down REIT stocks with monthly payouts make sense now for income investors looking for dependable distributions and a degree of safety.
Thursday’s top analyst upgrades and downgrades included Alcoa, Archer Daniels Midland, Bill, Block, Confluent, Dow, Foot Locker, Huntsman, Las Vegas Sands, LyondellBasell Industries, Raytheon Technologies, Realty Income, Shopify and Wheaton Precious Metals.
Originally published at 24/7 Wall St.
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