Omega Healthcare Investors Inc. (NYSE: OHI): BMO Capital Markets started coverage with a Market Perform rating and a $34.50 target price. The consensus target is $31.27. Thursday’s final trade was for $32.16 a share.
Owens Corning (NYSE: OC): RBC Capital Markets upgraded the shares to Outperform from Sector Perform and lifted its target price to $168 from $135. The consensus target is $140.69. The shares were closed on Thursday at $139.06.
RPM International Inc. (NYSE: RPM): Deutsche Bank upgraded the stock to Buy from Hold. It also boosted its $90 target price to $118, well above the $97.53 consensus target. Thursday’s close was at $105.26.
RTX Corp. (NYSE: RTX): The BofA Securities downgrade to Neutral from Buy included a target price reduction to $95 from $120. That compares with a $104.52 consensus target and Thursday’s closing print of $85.17.
Southwest Airlines Co. (NYSE: LUV): BofA Securities cut its Buy rating to Neutral and its price target to $35 from $45. The consensus target is $43.01. The shares closed on Thursday at $33.02, down almost 9% for the day as concerns over rising costs and slowing travel demand overshadowed record revenues.
SunPower Corp. (NASDAQ: SPWR): When Baird downgraded the stock to Neutral from Outperform, its target price dropped to $12 from $24. The consensus target is $13.18. Thursday’s close was at $9.23.
Willis Tower Watson PLC (NYSE: WTW): Raymond James downgraded the shares to Outperform from Strong Buy and has a $260 price target. The consensus target is $262.38. The shares were last seen on Tuesday trading at $212.25.
Wix.com Ltd. (NYSE: WIX): D.A. Davidson initiated coverage with a Buy rating and a $100 target price. The consensus target is $110. The shares closed on Thursday at $85.86.
One smart idea for investors who think the market has run too far too fast is to look to the Dividend Aristocrats. Any company that has paid shareholders increasing dividends for 25 years or more is the epitome of safe and dependable.
Thursday’s top analyst upgrades and downgrades included Alphabet, Eli Lilly, Etsy, Microsoft, Mosaic, NetApp, Omega Healthcare Investors, RTX, Sherwin-Williams, Spotify Technology, Walt Disney and WW International.
Originally published at 24/7 Wall St.
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