Friday’s Top Analyst Upgrades and Downgrades: AMD, Etsy, Meta Platforms, Salesforce, Sysco, Teladoc Health and More

Salesforce Inc. (NYSE: CRM): Citing a focus on profitability above nearly everything else, Zacks selected this business software provider as its Bull of the Day stock. Shares last closed at $178.72, and the $218.89 consensus target signals more than 22% upside.

Sarepta Therapeutics Inc. (NASDAQ: SRPT): Oppenheimer reiterated an Outperform rating. The firm’s $180 target price compares with the $171.50 consensus target and Thursday’s close at $147.88 The FDA is seen as paving a path for the company’s gene therapy.

ServiceNow Inc. (NYSE: NOW) Oppenheimer reiterated an Outperform rating with a $500 target price. The consensus target is $519.57. The last trade on Thursday was reported at $433.01.

Sysco Corp. (NYSE: SYY): BofA Securities resumed coverage with a Buy rating and a $90 target price. The consensus target is $87.59. The stock closed on Thursday at $75.43.

Teladoc Health Inc. (NYSE: TDOC): Truist Financial reiterated a Hold rating with a $28 target price. The consensus target is $29.89. Thursday’s $24.30 close was down over 4%, along with the weak tape.

Ternium S.A. (NYSE: TX): Though Itau BBA downgraded the shares to Market Perform from Outperform, it also boosted its $40 target price to $49. The consensus target is $45.70. The stock closed on Thursday at $43.94.

United Natural Foods Inc. (NYSE: UNFI): Goldman Sachs lowered its $43 price target on the Neutral-rated shares to $30. The consensus target is $43.82 for now. The stock closed on Thursday at $29.90, after being punished this week after the company slashed profit guidance.

VTEX (NYSE: VTEX): D.A. Davidson initiated coverage with a Buy rating and a $5 price target. The consensus target is $5.55. The stock closed on Thursday at $3.79.

Walker & Dunlop Inc. (NYSE: WD): Jefferies reiterated its Buy rating and has a $112 target price. The consensus target is lower at $106.25. The stock closed over 4% lower on Thursday at $82.83.

Seven top S&P 500 companies with healthy dividends have incredible cash flow, and their stocks are trading well below their 52-week highs and are well positioned for the balance of the first quarter and the rest of 2023.

Thursday’s top analyst upgrades and downgrades included AGNC Investment, Costco Wholesale, CrowdStrike, Dick’s Sporting Goods, Fifth Third Bancorp, General Electric, PayPal, Sabre, Six Flags Entertainment and Solid Power.

Originally published at 24/7 Wall St.

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