Prudential Financial Inc. (NYSE: PRU): Wells Fargo downgraded the insurance and investment giant to Underweight from Equal Weight and has a $101 target price. The consensus target is $103.57. Friday’s close was at $97.87.
Regency Centers Corp. (NASDAQ: REG): Though J.P. Morgan upgraded the stock to Overweight from Neutral, it cut its $79 price target to $72. The consensus target is just $68.59. On Friday, the closing price was $62.73 a share.
Revolve Group Inc. (NYSE: RVLV): UBS started coverage with a Neutral rating and a $25 target price. The consensus target is $26.80. Friday’s close was at $24.19.
Sunoco L.P. (NYSE: SUN): Wells Fargo upgraded the stock to Equal Weight from Underweight, and it lifted its target price to $47 from $43. The consensus target is $46.25. The stock close at $42.78 on Friday.
Synopsis Inc. (NASDAQ: SNPS): BofA Securities raised its Neutral rating to Buy with a price target of $410. The consensus target is $412.77. The stock closed on Friday at $329.12.
Trip.com Group Ltd. (NASDAQ: TCOM): When UBS upgraded the stock to Buy from Neutral, the firm raised its $28 target price to $41. The consensus target is $37.07. Friday’s close was at $34.82.
United Airlines Holdings Inc. (NYSE: UAL): Goldman Sachs resumed coverage with a Buy rating and a $51 target price. The consensus target is $52.41. The stock closed on Friday at $38.43.
Verizon Communications Inc. (NYSE: VZ): Oppenheimer reiterated an Outperform rating with a $50 target price. The consensus target is $45.42. Friday’s closing share price was $37.12.
Seven stocks from Warren Buffett’s Berkshire Hathaway portfolio are dividend-paying market leaders that appear poised to not only thrive in the higher interest rate environment but could very possibly be huge 2023 winners.
Friday’s early top analyst upgrades and downgrades included AT&T, Baxter International, Delta Air Lines, DXC Technology, JetBlue Airways, Marriott International, MongoDB, PPL, RingCentral, Snap, Snowflake, Verizon Communications and Western Digital. Analyst calls seen later in the day were on Alaska Air, American Airlines, Meta Platforms, New York Times, Southwest Airlines, United Airlines and more.
Originally published at 24/7 Wall St.
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