Pfizer Inc. (NYSE: PFE): UBS’s downgrade was to Neutral from Buy, and its $55 target price was reduced to $47. The consensus target is $55.20, and Thursday’s close was at $44.25.
Prosperity Bancshares Inc. (NYSE: PB): Janney downgraded the stock from Buy to Neutral with an $80 target. The consensus target is $78. Shares ended Thursday trading at $74.77.
ServiceNow Inc. (NYSE: NOW): Stifel reiterated a Buy rating and raised its $325 target price to $390. The consensus target is $509.66. Thursday’s $463.07 close was up over 3% for the day.
TTM Technologies Inc. (NASDAQ: TTMI): Stifel downgraded the stock to Hold from Buy and has a $17 target price. The consensus target is $18.19. The stock closed over 7% lower on Thursday at $15.55 after the downgrade.
UMB Financial Corp. (NASDAQ: UMBF): Janney downgraded the stock to Neutral from Buy. Its $94 target compares with the $92.80 consensus target. Thursday’s close was at $87.71.
Viasat Inc. (NASDAQ: VSAT): Citing a history of earnings misses and falling future earnings estimates, Zacks selected this satellite broadband provider as its Bear of the Day stock. The shares have traded as high as $52.72 in the past year but closed most recently at $34.46.
Walmart Inc. (NYSE: WMT): Tigress Financial lifted its Neutral rating to Buy, and its $170 target price increased to $176. The consensus target is $161.18. The stock closed on Thursday at $142.21.
Weibo Corp. (NASDAQ: WB): Zacks has named this Chinese social media stock as its Bull of the Day. The analyst makes the case that emerging market valuations remain attractive and the bullish move may be just getting underway. Shares last closed at $25.02, which is almost 31% higher year to date.
Wolfspeed Inc. (NYSE: WOLF): Oppenheimer reiterated an Outperform rating with a $115 target price. The consensus target is $96.53. After the company delivered in-line earnings and guidance below Wall Street estimates, the stock closed almost 6% on Thursday at $77.09.
Real estate investment trusts pay among the best dividends of any asset class. With interest rates plunging, seven REIT stocks with monthly payouts make sense for income investors looking for dependable distributions and a degree of safety.
Thursday’s top analyst upgrades and downgrades included Alphabet, Amazon.com, APA, Diamondback Energy, D.R. Horton, Enphase Energy, Fisker, Fox, Microsoft, Mobileye Global, Philip Morris International, Shoals Technologies, SunPower and Toast.
Originally published at 24/7 Wall St.
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