Monday’s Top Wall Street Analyst Upgrades and Downgrades: Comcast, Disney, Kinder Morgan, Netflix, Nvidia, PayPal and More

Fox Corp. (NASDAQ: FOXA): Seaport Research Partners initiated coverage with a Market Perform rating and a $32 price objective. The consensus target is $36.27. The stock closed on Friday at $30.38.

Frontdoor Inc. (NASDAQ: FTDR): When Truist Financial upgraded the stock to Buy from Hold, its $40 target price rose to $42. The consensus target is $39.80. Friday’s $30.61 close up over 4% for the day on the upgrade.

Global Payments Inc. (NYSE: GPN): TD Cowen started coverage with an Outperform rating and a $150 target price. The consensus target is $147.03. Shares closed at $114.71 on Friday.

Kemper Corp. (NYSE: KMPR): Though Piper Sandler upgraded the stock to Overweight from Neutral, its $55 target price dropped to $47. The consensus target is higher at $68. The shares closed on Friday at $42.19.

Kinder Morgan Inc. (NYSE: KMI): Goldman Sachs resumed coverage with a Buy rating and a $20 target price. The consensus target is $20.28. Friday’s close was at $16.26.

MPLX L.P. (NYSE: MPLX): Goldman Sachs resumed coverage with a Buy rating. Its $40 target price compares with a consensus target of $40.31 and Friday’s close at $35.13.

Netflix Inc. (NASDAQ: NFLX): Seaport Research Partners initiated coverage with a Buy rating and a $482 price objective. The consensus target is $468.97. On Friday, the stock closed at $381.51.

Nvidia Corp. (NASDAQ: NVDA): Zacks selected this as its Bull of the Day stock, citing its rising revenue estimates. Shares last closed at $457.62, and the consensus target of $629.48 would be an all-time high.

PayPal Holdings Inc. (NASDAQ: PYPL): TD Cowen started coverage with a Market Perform rating and a $66 target price. The consensus target is $85.23. Shares closed at $57.77 on Friday.

Shift4 Payments Inc. (NYSE: FOUR): Berenberg started coverage with a Buy rating. Its $87 target price is higher than the $81.67 consensus target. The shares closed on Friday at $55.00.

Shoals Technologies Group Inc. (NASDAQ: SHLS): Piper Sandler upgraded the stock from Neutral to Overweight with a $28 target price. The consensus target is $30.07. The shares were last seen on Friday at $15.15.

TE Connectivity Ltd. (NYSE: TEL): Cowen upgraded the stock to Outperform from Market Perform. The analyst also raised the $115 target price to $140, but the consensus target is still higher at $148.09. The stock was last seen on Friday trading at $123.97.

Trane Technologies PLC (NYSE: TT): J.P. Morgan upgraded the stock from Underweight to Neutral with a $191 target price. The consensus target is $218.35. The shares closed on Friday at $204.30.

Walt Disney Co. (NYSE: DIS): Seaport Research Partners initiated coverage with a Buy rating and a $93 price objective. The consensus target is $105.84. The stock closed at $82.94 on Friday.

Six top tech stocks have not had the parabolic move higher that other sector giants have had this year. They are offering excellent entry points, as well as dependable dividends, and so make sense for growth investors looking to generate total return in 2024.

Friday’s top analyst upgrades and downgrades included America Movil, Cheesecake Factory, Comerica, Johnson & Johnson, Monster Beverage, O’Reilly Automotive, Shoals Technologies and Wingstop.

Originally published at 24/7 Wall St.

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