PayPal Holdings Inc. (NASDAQ: PYPL): Jefferies maintained a Neutral rating and has a $90 target price. The consensus target is up at $106.57. The stock closed on Friday at $74.66, down close to 5% for the day on no news we could source.
Permian Resources Corp. (NYSE: PR): Truist Securities raised its target price to $15 from $14 and reiterated a Buy rating. The consensus target is $11.96. The stock closed on Friday at $9.95.
PVH Corp. (NYSE: PVH): Goldman Sachs raised its target price on the Neutralated shares to $67 from $50. The consensus target is $72.83. The stock closed on Friday at $72.93.
S&P Global Inc. (NYSE: SPGI): Oppenheimer reiterated an Outperform rating and has a $390 target price. The consensus target is $390.41. The last trade on Friday was reported at $359.80.
UDR Inc. (NYSE: UDR): Morgan Stanley upgraded the stock to Overweight from Equal Weight while trimming its $49 target price to $47. The consensus target is $46.71. The shares closed on Friday at $41.00.
Ulta Beauty Inc. (NASDAQ: ULTA): Telsey Advisory reiterated an Outperform rating and raised its target price to $575 from $510. That compares with a $490.63 consensus and Friday’s last trade of $471.33.
Veeva Systems Inc. (NYSE: VEEV): Needham reiterated a Buy rating and boosted its $205 target price to $220. The consensus target is $213.54. The stock closed on Friday at $174.90, down almost 9% on the day despite beating earnings handily.
Vipshop Holdings Ltd. (NYSE: VIPS): Citing falling estimates due to the global slowdown, Zacks named this Chinese e-commerce firm as its Bear of the Day. The stock hit a 52-week high of $12.13 on Friday and is up about 26% in the past six months. The consensus price target is $12.35.
Zillow Group Inc. (NYSE: ZG): UBS started coverage with a Buy rating and a $50 target price. The consensus target is just $36.24. The last trade on Friday was for $38.19 a share.
Zscaler Inc. (NASDAQ: ZS): Jefferies reiterated a Hold rating with a $140 target price. The consensus target is up at $203.19. Friday’s $128.99 close down almost 11% for the day despite posting results that beat expectations, but the forward outlook disappointed.
A recent Goldman Sachs research report suggests buying 2022 laggards could be the way for some big 2023 gains. Five top technology stocks have huge upside potential and look like outstanding ideas now.
Friday’s top analyst upgrades and downgrades included ADT, Costco Wholesale, CrowdStrike, Gilead Sciences, Liberty Global, Otis Worldwide, PagSeguro Digital, Palo Alto Networks, Salesforce, Sunrun, Synchrony Financial and Zscaler.
Originally published at 24/7 Wall St.
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