Lucid Group Inc. (NASDAQ: LCID): As BofA Securities downgraded the stock to Neutral from Buy, the firm cut its $18 price target to $10. The consensus target is $14.18 for now. The close on Thursday at $8.79 was down almost 12% on the day after fourth-quarter revenue missed estimates.
MongoDB Inc. (NASDAQ: MDB): Stifel reiterated a Buy rating and boosted its $240 target price to $256. The consensus target is $258.87. The shares ended trading on Thursday at $213.46.
Nvidia Corp. (NASDAQ: NVDA): When Goldman Sachs upgraded the chip giant to Buy from Neutral, its $162 target price jumped to $275. The consensus target is $214.41 for now. Thursday’s close at $236.64 was up 14% on the day after it posted a fourth-quarter earnings beat and touted rising trends in AI.
Roper Technologies Inc. (NYSE: ROP): Wolfe Research hiked its Peer Perform rating to Outperform with a $480 price objective. The consensus target is $491.82. The stock closed on Thursday at $431.03.
Teladoc Health Inc. (NYSE: TDOC): SVB Securities upgraded the shares to Outperform from Market Perform and has a $34 target price. The consensus target is $31.68 for now. The stock closed almost 7% lower on Thursday at $27.43 in the wake of a fourth-quarter loss.
TPI Composites Inc. (NASDAQ: TPIC): BofA Securities upgraded the shares to Buy from Underperform. The analyst also lifted the $9 target price to $14, which is still less than the $16.50 consensus target. The stock closed up 18% on Thursday at $14.08 after the double upgrade.
Walgreen Boots Alliance Inc. (NASDAQ: WBA): Loop Capital initiated coverage with a Buy rating and a $45 target price. The consensus target is $41.32. The stock closed on Thursday at $36.21.
Wix.com Ltd. (NYSE: WIX): Piper Sandler upgraded the stock to Neutral from Underweight and boosted the target price to $99 from $80. The consensus target is $102.88. Thursday’s close was at $92.84.
Workday Inc. (NASDAQ: WDAY): Oppenheimer reiterated an Outperform rating. It also raised its $205 target price to $220, even further above the $203.27 consensus target. Thursday’s close was at $187.21.
Seven top Dividend Aristocrats with among the largest dividends are stocks that retirement-focused investors can buy now and hold forever. They are trading at very reasonable levels and offer outstanding total return potential.
Thursday’s top analyst upgrades and downgrades included Alcoa, American International Group, BioCryst Pharmaceuticals, Coinbase Global, GitLab, Home Depot, Merck, Nvidia, Palo Alto Networks, Occidental Petroleum, Okta, Salesforce, Shopify, Sirius XM and Target.
Originally published at 24/7 Wall St.
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