Pfizer Inc. (NYSE: PFE): Daiwa Securities downgraded the stock to Neutral from Outperform and has a $38 target. The consensus target is $48.30. The last trade on Thursday was for $37.58 a share.
RingCentral Inc. (NYSE: RNG): As Credit Suisse upgraded the shares to Outperform from Neutral, its $40 target price rose to $45. The consensus target is $46.54. Thursday’s close at $28.74 was down over 5% for the day despite solid earnings posted this week.
Roblox Corp. (NYSE: RBLX) Roth MKM upgraded the stock to Buy from Neutral. It also raised its $37 target price to $48, above the consensus target of $41.62. The shares closed almost 3% higher on Thursday at $39.88 after the upgrade.
StoneCo Ltd. (NASDAQ: STNE): Barclays started coverage with an Equal Weight rating and a $13 target price. The consensus target is $11.63. The stock closed on Thursday at $13.94, up 4% on the day.
Trade Desk Inc. (NASDAQ: TTD): Truist Financial reiterated a Buy rating and bumped its $76 target price up to $78. Needham also reiterated a Buy rating, and it lifted its $68 target price to $75. Citigroup kept a Buy rating and nudged its target price up to $78 from $76. The consensus target is $68.39. The shares were last seen on Thursday trading at $64.53.
Twilio Inc. (NYSE: TWLO): When Goldman Sachs cut its Buy rating to Neutral, the price target tumbled from $90 to $53. The consensus target is $70.30. The stock closed on Thursday 3% lower to $47.88 after the downgrade.
Walmart Inc. (NYSE: WMT): Jefferies reiterated a Buy rating with a $175 target price. The consensus target is $164.78. On Thursday, the closing share price was $153.12.
Walt Disney Co. (NYSE: DIS): Goldman Sachs reiterated a Buy rating with a $130 price target. The consensus target is $125.93. Thursday’s $92.31 close was down almost 9% on the day after a small earnings miss but a big subscriber drop.
Seven top Dividend Aristocrats are trading at reasonable levels, pay dependable dividends and are solid and safe ideas in a market that looks poised to trade lower after a big run over the past eight weeks.
See which automakers produce America’s deadliest cars.
Thursday’s top analyst upgrades and downgrades included Airbnb, Alcon, Antero Midstream, Exact Sciences, GitLab, GlobalFoundries, Halozyme Therapeutics, Lumentum, Nektar Therapeutics, PayPal and Southern Copper.
Originally published at 24/7 Wall St.
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