Signet Jewelers Ltd. (NYSE: SIG): Zacks named this as its Bull of the Day stock, citing its outperformance of the S&P 500 over the past three months. The stock last closed at $71.49, and the consensus price target of $83.33 represents more than 16% further upside potential.
Silvergate Capital Corp. (NYSE: SI): As Craig Hallum downgraded the stock to Hold from Buy, it slashed its $36 target price to $14. The consensus target is $42.00, for now. The shares closed on Friday at $12.24.
Skechers USA Inc. (NYSE: SKX): Argus upgraded the shares to Buy from Hold and has a $50 target price. The consensus target is $47.71. The stock closed over 3% higher on Friday at $44.59.
Snowflake Inc. (NYSE: SNOW): Wells Fargo initiated coverage with an Overweight rating and a $170 target price. That is less than the $194.18 consensus target, but Friday’s closing print was $124.06.
SunPower Corp. (NASDAQ: SPWR): Wells Fargo’s upgrade was to Equal Weight from Underweight. The $21 target price compares with a $21.58 consensus target and the most recent close at $17.13.
Sunrun Inc. (NASDAQ: RUN): Wells Fargo upgraded the stock to Overweight from Equal Weight, and it has a $32 price target. The consensus target is $21.58. The stock closed on Friday at $17.13.
Ulta Beauty Inc. (NASDAQ: ULTA): Wells Fargo downgraded the popular cosmetic retailer to Underweight from Equal Weight and lowered its $450 price target to $400. The consensus target is up at $517.28. The stock closed on Friday at $486.19.
Voya Financial Inc. (NYSE: VOYA): J.P. Morgan upgraded the stock to Overweight from Neutral and bumped up the $75 target price to $77. The consensus target is $79.67, and Friday’s closing print of $65.96 was up close to 5% for the day, likely on the upgrade.
Waste Management Inc. (NYSE: WM): Citigroup initiated coverage with a Buy rating and a $183 target price. The consensus target is just $174.38. The stock closed almost 4% higher on Friday at $159.49, likely on the positive coverage.
Goldman Sachs is optimistic that energy stocks can outperform again this year. Seven large cap energy leaders offer worried investors some big and dependable dividends, and they have the highest total return potential.
Friday’s top analyst upgrades and downgrades included Ally Financial, American Express, AstraZeneca, Coinbase Global, Cognizant Technology Solutions, Comcast, CME, CrowdStrike, Delta Air Lines, Danaher, Dropbox, Marathon Oil, Microsoft and Target.
Originally published at 24/7 Wall St.
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