Five9 Inc. (NASDAQ: FIVN): Deutsche Bank lifted its Hold rating to Buy and its $75 price target to $80. The consensus target is up at $90.60. The shares closed on Thursday at $64.69.
Frontier Group Holdings Inc. (NASDAQ: ULCC): Citigroup’s downgrade to Neutral from Buy included a target price slash to $5 from $16. That compares with the $11.56 consensus target and Thursday’s $4.84 close.
HealthEquity Inc. (NASDAQ: HQY): Baird upgraded the stock to Outperform from Neutral. The firm also raised its $79 price target to $87, above the consensus target of $82.36. Thursday’s close was at $72.19.
International Paper Co. (NYSE: IP): Truist Financial’s upgrade to Buy from Hold came with a target price hike to $43 from $30. The consensus target is $32,67. The stock closed on Thursday at $34.12.
Nike Inc. (NYSE: NKE): Stifel reiterated a Buy rating with a $135 target price. The consensus target is $123.66. The stock closed on Thursday at $91.59.
Nutanix Inc. (NASDAQ: NTNX): BofA Securities upgraded the shares to Buy from Neutral, and its $39 target price jumped to $50. The consensus target is $39.69. The shares closed on Thursday at $33.85.
Penumbra Inc. (NYSE: PEN): The Zacks Bull of the Day is a buying opportunity due to its massive earnings growth, says the analyst. Shares closed at $250.36 on Thursday, and the $337.75 consensus target signals about 35% upside.
Petrobras Brasileiro S.A. (NYSE: PBR): Jefferies initiated coverage with a Buy rating and a target price of $21.20. The consensus target is $16.05. The shares ended Thursday trading at $14.98.
ServiceNow Inc. (NYSE: NOW): Stifel reiterated a Buy rating on the tech giant, which is on the firm’s Select List of top ideas. Its $640 target price is shy of the consensus target of $642.79. Thursday’s close was at $549.50.
Truist Financial Corp. (NYSE: TFC): Although Keefe Bruyette upgraded the stock to Outperform from Market Perform, its target price slipped to $36 from $37. The consensus target is $36.08. On Thursday, shares closed at $28.17.
VICI Properties Inc. (NYSE: VICI): Wells Fargo started coverage with an Overweight rating and a $36 target price. The consensus target is $37.33, and the shares ended Thursday at $30.09.
Vista Energy SAB de C.V. (NASDAQ: VIST): Jefferies started coverage with a Buy rating and a $40 target price. That compares with a $32.67 consensus target and Thursday’s closing share price of $27.54.
W.P. Carey Inc. (NYSE: WPC): Wells Fargo initiated coverage with an Equal Weight rating and has a $66 target price. The consensus target is higher at $78.60. The stock was last seen on Thursday at $58.86.
Yeti Holdings Inc. (NYSE: YETI): B. Riley Securities initiated coverage with a Neutral rating and set a $50 target price. The consensus target is $50.50. The stock closed almost 4% lower on Thursday at $47.80.
It makes sense now for investors to book profits, especially on mega-cap tech stocks, and shift capital to safer ideas. Seven top Berkshire Hathaway portfolio stocks in the beaten-down financial sector should benefit from a likely November interest rate hike.
Thursday’s top analyst upgrades and downgrades included Bausch Health, CoStar, Domino’s Pizza, IBM, Kimco Realty, Lululemon Athletica, Pinterest, Skyworks Solutions, Ventas, Walt Disney and Western Digital.
Originally published at 24/7 Wall St.
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