Rexford Industrial Realty Inc. (NASDAQ: REXR): Mizuho started coverage with a Neutral rating and a $52 target price. The consensus target is higher at $66. The shares ended Wednesday’s session trading at $51.35.
Salesforce Inc. (NYSE: CRM): Citing its new commitment to profits, stable expansion and extremely attractive valuation levels, Zacks named this software maker as its Bull of the Day stock. Shares last closed at $212.17, and the $237.48 consensus target would be a 52-week high.
Uber Technologies Inc. (NASDAQ: UBER): Daiwa Securities downgraded the stock to Outperform from Buy. However, its $42 target price increased to $51. The consensus target is $50.05. Wednesday’s close was at $44.24.
Vale S.A. (NYSE: VALE): Exane BNP Paribas downgraded the stock to Underperform from Neutral and has a $13.20 target. The consensus target is $16.98. On Wednesday, the stock closed at $13.33, down over 4% for the day, due to the downgrade.
Veeva Systems Inc. (NYSE: VEEV): Morgan Stanley downgraded the stock from Equal Weight to Underweight with a $181 target price. The consensus target is $211.68. Wednesday’s close was at $195.93.
Walgreens Boots Alliance Inc. (NYSE: WBA): When Deutsche Bank downgraded the stock to Hold from Buy, its $46 target price dropped to $34, below the $37.50 consensus target. Wednesday’s close was at $29.08.
Workday Inc. (NYSE: WDAY): RBC Capital Markets initiated coverage with an Outperform rating and a $275 target price. The consensus target is $229.87, and Wednesday’s closing share price was $222.96.
Six top Warren Buffet Berkshire Hathaway holdings pay dependable dividends and offer substantial upside potential over the next six months, so they make sense for growth and income investors looking to take profits and move to safe ground.
Wednesday’s top analyst upgrades and downgrades included Alibaba, Alphabet, Antero Resources, Ballard Power Systems, Coterra Energy, Frontier Communications Parent, GE HealthCare Technologies, Host Hotels & Resorts, Kellogg, SL Green Realty, Sunstone Hotel Investors and Unity Software.
Originally published at 24/7 Wall St.
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