Par Pacific Holdings Inc. (NYSE: PARR): The Neutral rating at Piper Sandler was boosted to Overweight, and the firm’s$27 price target is now $33. The consensus target is $27.50. The shares were last seen Friday at $26.61, up over 8% for the day on the upgrade.
Pinterest Inc. (NYSE: PINS): MKM Partners downgraded the stock to Neutral from Buy and has a $27 target. The consensus target is $27.92. The stock closed on Friday at $26.60.
PVH Corp. (NYSE: PVH): The Barclays upgrade to Overweight from Equal Weight came with a target price hike to $106 from $72. The consensus target is $78.94. The shares closed almost 4% higher on Friday at $86.47.
Ralph Lauren Corp. (NYSE: RL): Barclays upgraded the stock to Overweight from Equal Weight and boosted its $101 price target to $134. The consensus target is $116.08. The shares closed on Friday at $121.02.
Regeneron Pharmaceuticals Inc. (NASDAQ: REGN): J.P. Morgan’s upgrade was from Neutral to Overweight with an $850 target price. The consensus target is just $809.08. The stock closed on Friday at $723.05.
Restaurants Brands International Inc. (NYSE: QSR): As BMO Capital Markets upgraded the stock to Outperform from Market Perform, it raised its $63 price target to $72, above the $68 consensus target. The stock closed at $66.85 on Friday.
Travelers Companies Inc. (NYSE: TRV): BMO Capital Markets started coverage with an Outperform rating and a $212 target price. The consensus target is $194.56. The last trade on Friday came in at $185.33.
Truist Financial Corp. (NYSE: TFC): Goldman Sachs raised its $50 target price on the Buy-rated shares to $55. The consensus target is $51.29. The stock closed on Friday at $47.92.
United Rentals Inc. (NYSE: URI): Zacks named this rental construction equipment stock as its Bull of the Day. The analyst points out that its surging earnings are bucking the trend. The stock last closed at $383.67 a share, and the $401.47 consensus target would be an all-time high.
The collapse of long rates is a rather good sign that the bond market thinks the economy will face a recession at some point this year. See which seven big-dividend stocks look like solid ideas for conservative growth and income investors now.
Friday’s top analyst upgrades and downgrades included Alcoa, Charles Schwab, Cognizant Technology Solutions, IBM, Newmont, Okta, Philip Morris International, Roblox, Shopify, Teva Pharmaceutical Industries, Texas Instruments and Transocean.
Originally published at 24/7 Wall St.
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