CSX Corp. (NASDAQ: CSX): BofA Securities raised its Neutral rating to Buy and its $34 target price to $36. The consensus target is $36.31. Friday’s close was at $29.95.
Delek Logistics Partners L.P. (NYSE: DKL): Though Citigroup upgraded the stock to Neutral from Sell, the analyst trimmed the $47 target price to $45. The consensus target is $47, and shares closed on Friday at $41.35.
Digital Ocean Holdings Inc. (NYSE: DOCN): The BofA Securities downgrade to Underperform from Buy included a target price cut to $25 from $47. The consensus target is $39.11. The stock closed on Friday at $26.85.
Essex Property Trust Inc. (NYSE: ESS): Citigroup’s downgrade was to Neutral from Buy, yet the price target rose to $266 from $255. The consensus target is $250.84, and the stock closed on Friday at $225.59.
Everest Group Ltd. (NYSE: EG): Goldman Sachs initiated coverage with a Buy rating and a $449 target price. The consensus target is $430.30. Friday’s closing share price was $370.70.
First Solar Inc. (NASDAQ: FSLR): Deutsche Bank upgraded the stock to Buy from Hold but cut its $280 price target to $260. The consensus target is still lower at $246.42, and on Friday the shares closed at $183.21.
Gilead Sciences Inc. (NASDAQ: GILD): As BofA Securities upgraded the biotech giant to Buy from Neutral, its target price increased to $95 from $88. The consensus target is $84.44. The shares closed on Friday at $76, which was up close to 3% on the day.
Lucid Group Inc. (NASDAQ: LCID): RBC Capital Markets began coverage with Sector Perform and a $6 price target. The $7.58 consensus target is higher, and Friday’s closing shar price was $5.84.
Omega Healthcare Investors Inc. (NYSE: OHI): Mizuho upgraded the stock to Buy from Neutral and nudged its $31 target price to $35. The consensus target is $32.50. Friday’s close at $32.11.
Shopify Inc. (NYSE: SHOP): Oppenheimer reiterated an Outperform rating with an $80 target price. The consensus target is $66.91, and Friday’s close was at $63.01.
Smartsheet Inc. (NYSE: SMAR): Truist Financial reiterated a Buy rating with a $50 price target. The consensus is $50.54 for now. Friday’s close at $43.03 was up almost 7% for the day after a solid quarterly earnings report.
Snowflake Inc. (NYSE: SNOW): D.A. Davidson started coverage with a Buy rating. Its $200 target price compares with a consensus target of $199.13. The stock closed almost 4% higher on Friday at $165.95.
Private equity firms and institutions have been buying up seven top health care stocks for their strong total return potential and a degree of safety in what soon could be some very rough investing seas.
Seven blue chip stocks with big, dependable dividends are very well suited for what could be a difficult end to 2023, as the companies should hold their ground much better in an inflationary and recessionary stretch like the one we are in now.
Have the BRICS economies surpassed the United States and Europe?
Friday’s top analyst upgrades and downgrades included Bank of America, Cloudflare, Crocs, Dell Technologies, Dollar General, Flex, Goldman Sachs, Home Depot, Lowe’s Companies, McDonald’s, Roku and Seagate Technology.
Originally published at 24/7 Wall St.
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