Plug Power Inc. (NASDAQ: PLUG): When Roth MKM downgraded the stock to Neutral from Buy, its $13 target price dropped to $7.50. The consensus target is $18.82 for now. The stock closed Thursday at $9.05, down a whopping 16% on the day, after posting a second-quarter loss.
Roblox Corp. (NYSE: RBLX): The Underweight rating at Morgan Stanley is now at Equal Weight. The analyst lifted the $26 target price to $30, which is still well below the $41.87 consensus target. The last trade on Thursday was for $30.61 a share.
SBA Communications Corp. (NASDAQ: SBAC): BofA Securities downgraded the shares from Buy to Neutral with a $245 target price. The consensus target is higher at $292.06. The last trade on Thursday came in at $228.32.
Shift4 Payments Inc. (NYSE: FOUR): Buy its Bull of the Day stock on any dip, recommends Zacks. The shares last closed at $62.32, and the $83.56 consensus price target would be a 52-week high.
Southern Company (NYSE: SO): Morgan Stanley raised its Underweight rating to Equal Weight and its $60 target price to $69. The consensus target is $73.66. Thursday’s final trade was for $69.41 a share.
TaskUs Inc. (NASDAQ: TASK): As J.P. Morgan downgraded the shares to Neutral from Overweight, its $16 target price dropped to $12. The consensus target is $23.50. Thursday’s $10.20 close down almost 15% for the day on the downgrade, despite earnings and revenues that topped estimates.
Wynn Resorts Ltd. (NASDAQ: WYNN): Stifel raised its $137 target price on the Buy-rated shares to $150. The consensus is just $126.69, for now. The stock closed on Thursday at $104.22, up almost 3% for the day.
Berkshire Hathaway stock has hit an all-time high, and five outstanding Warren Buffet stock picks look like solid ideas for worried growth and income investors. They pay dependable dividends, are rated Buy at top Wall Street firms, and are offering some tempting entry points.
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Thursday’s top analyst upgrades and downgrades included Bumble, Coupang, Datadog, Dish Network, DraftKings, Eli Lilly, International Flavors & Fragrances, LivePerson, Novavax, Nvidia, Qualcomm and Rivian Automotive.
Originally published at 24/7 Wall St.
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