Prudential Financial Inc. (NYSE: PRU): Jefferies upgraded the shares to Hold from Underperform and lifted its target price to $93 from $70. The consensus target is $99.93, while Thursday’s closing share price was $99.14.
RAPT Therapeutics Inc. (NASDAQ: RAPT): Berenberg initiated coverage with a Buy rating and a $34 target price. The consensus target is higher at $41.67. The stock closed on Thursday at $19.21.
RTX Corp. (NYSE: RTX): BofA Securities lowered its Neutral rating to Underperform, and its $95 price objective shrank to $75. That compares with a $95 consensus target and Thursday’s closing print of $75.50. The company reported earlier this week that its profits would be taking a hit.
Semtech Corp. (NASDAQ: SMTC): Susquehanna raised the stock from Neutral to Positive with a $30 target price. The consensus target is up at $38.64. The shares closed on Thursday at $25.18. That was up close to 10% for the day after strong quarterly results were posted.
S&P Global Inc. (NYSE: SPGI): Wolfe Research initiated coverage with an Outperform rating and a $453 target price. The consensus target is $447.10. Thursday’s close was at $396.19.
Victoria’s Secret & Co. (NYSE: VSCO): Citing negative earnings estimate revisions, Zacks named this as its Bear of the Day stock. In the past year, the shares have traded as high as $48.16, but they closed most recently at $17.81.
Virtu Financial Inc. (NASDAQ: VIRT): Citigroup upgraded the shares to Buy from Neutral. The firm’s $20 target price is less than the consensus target of $21.24. After the upgrade, shares closed over 6% higher on Thursday at $17.94.
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Thursday’s top analyst upgrades and downgrades included American Airlines, Apple, Conagra Brands, Fortinet, Mondelez, Oracle, Rivian Automotive, Sealed Air, Take-Two Interactive Software, Tapestry and Tesla.
Originally published at 24/7 Wall St.
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