Paychex Inc. (NASDAQ: PAYX): UBS started coverage with a Neutral rating and a $115 target price. The consensus target is $121.63. The shares closed on Friday at $109.01.
Rambus Inc. (NASDAQ: RMBS): Zacks named this semiconductor stock as its Bull of the Day due to the AI frenzy. Shares most recently closed at $63.86, which is up more than 78% year to date.
SentinelOne Inc. (NYSE: S): D.A. Davidson downgraded the shares to Neutral from Buy and cut its $22 target price to $13.50. That compares with a $22.16 consensus and Friday’s closing print of $13.19, which was down 36% after the company missed revenue estimates and offered a weak revenue outlook.
Surgery Partners Inc. (NASDAQ: SGRY): BofA Securities upgraded the shares to Buy from Neutral. It also bumped its $42 price target to $45, which is still less than the $48.40 consensus target. Friday’s $40.35 close was up almost 6% on the upgrade and positive commentary.
Trade Desk Inc. (NASDAQ: TTD): Morgan Stanley’s upgrade to Overweight from Equal Weight came with a 50% target price boost to $90. The consensus target is $72.14. The shares closed on Friday at $75.87.
Universal Health Services Inc. (NYSE: UHS): BofA Securities upgraded the stock to Buy from Neutral. Its price target of $163 is higher than the $154.07 consensus target. Friday’s final trade for $136.36 a share, up close to 4% on the day.
Valvoline Inc. (NYSE: VVV): When J.P. Morgan downgraded the stock to Neutral from Overweight, the analyst trimmed the $41 target price to $39. The consensus target is $41.60, and shares closed on Friday at $38.65.
Warner Music Group Corp. (NYSE: WMG): As Atlantic Equities downgraded the stock to Neutral from Overweight, the $39 target price dropped to $26. The consensus target is $34.00. The stock closed on Friday at $24.19.
Xcel Energy Inc. (NYSE: XEL): J.P. Morgan cut its Overweight rating to Neutral and its target price to $68 from $79. The consensus target is $72.45, and Friday’s close was at $63.06.
Seven outstanding inflation-fighting stocks make good sense now for growth and income investors.
The fastest shrinking small business industries include office supply stores, video rentals and travel agencies — as well as a few surprises.
Friday’s top analyst upgrades and downgrades included Aramark, Bluebird Bio, Chevron, Chewy, CSX, C3.ai, Equitrans Midstream, Exxon Mobil, Macy’s, Micron Technology, Okta, Phillips 66 and Target.
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.
