Rivian Automotive Inc. (NASDAQ: RIVN): The Exane BNP Paribas upgrade was from Neutral to Outperform with a $30 target price. The consensus target is $28.19, while Friday’s closing print was $21.57.
Sealed Air Corp. (NYSE: SEE) UBS downgraded the stock from Buy to Neutral with a $44 target price. The consensus target is $49.27. The stock ended Friday trading at $38.19.
Stanley Black & Decker Inc. (NYSE: SWK): The prior Peer Perform rating at Wolfe Research is now at Underperform. The firm’s $94 price target is less than the $100.84 consensus target and near Friday’s close at $94.28.
Twilio Inc. (NASDAQ: TWLO): Argus upgraded the shares to Buy from Hold. Its $72 target price is well above the consensus target of $67.40. The stock closed at $61.94 on Friday.
Ventas Inc. (NYSE: VTR): The BofA Securities downgrade to Underperform from Neutral included a target price reduction to $48 from $54. The consensus target is $52.71. The shares closed on Friday at $42.81.
Walmart Inc. (NYSE: WMT): Credit Suisse kept its Outperform rating and has a $180 target price. The consensus target is lower at $172.67, and the stock closed on Friday at $161.16.
Wayfair Inc. (NYSE: W): Goldman Sachs reiterated a Neutral rating but raised its $62 target price to $75. The consensus target is up at $87.14. The stock ended Friday trading at $75.02, a gain of almost 3% for the day. The company posted outstanding results for the quarter last week.
Wolverine World Wide Inc. (NYSE: WWW): Exane BNP Paribas cut its Neutral rating to Underperform with a $9 target price. That compares with a $16.63 consensus target and Friday’s closing print of $8.80.
YETI Holdings Inc. (NYSE: YETI): Jefferies reiterated a Buy rating with a $60 target price. The consensus target is $48.47. The stock closed over 3% lower on Friday at $44.91.
Three top companies that are Wall Street favorites are expected to raise their dividends this week, showing that they are doing well and have the earnings and cash flow strength to increase their payouts.
Friday’s top analyst upgrades and downgrades included AppLovin, Crown Castle, GoodRx, Global Payments, Monster Beverage, Penn Entertainment, Plug Power, Roblox, Southern Company and Wynn Resorts.
Originally published at 24/7 Wall St.
Sponsored: Find a Qualified Financial Advisor
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.
