Redfin Corp. (NASDAQ: RDFN): Truist Securities cut its Buy rating to Hold, and its target price was cut almost in half to $5.50 from $10. The consensus target is $4.53. The stock closed on Wednesday at $4.73.
Regions Financial Corp. (NYSE: RF): D.A. Davidson initiated coverage with a Buy rating and a $25 target price. The consensus target is $24.59. The stock closed on Wednesday at $21.05.
ServiceNow Inc. (NYSE: NOW): Stifel reiterated a Buy rating for the stock, which is on the firm’s Select List of top picks. Its $475 target price is lower than the $521.63 consensus, but the stock closed on Wednesday at $391.91.
Starbucks Corp. (NASDAQ: SBUX): The Buy rating at Jefferies has slipped to Hold, but the $100 target price is still a bit higher than the $99.51 consensus figure. Wednesday’s closing print was $98.67.
Target Corp. (NYSE: TGT): Gordon Haskett downgraded the big-box retailer from Buy to Hold with a $132 target price. The consensus target is up at $176.52. The shares ended Wednesday’s session at $142.31.
Trane Technologies PLC (NYSE: TT): The BMO Capital Markets downgrade was from Outperform to Market Perform with a $180 price target. The closing share price on Wednesday was $170.94.
Workday Inc. (NASDAQ: WDAY): Goldman Sachs reiterated a Buy rating with a $230 target price. The consensus target is just $200.87. The final trade Wednesday was for $170.08 a share.
Zions Bancorp. N.A. (NASDAQ: ZION): D.A. Davidson upgraded the stock to Buy from Neutral and has a $56 target price. The consensus target is $58.79. The stock closed on Wednesday at $47.57.
After a horrific year in the markets, Jefferies has made some big changes to its Franchise Picks list of top stocks. Eight outstanding additions to the list have plenty of upside potential and offer growth investors some solid entry points.
Wednesday’s top analyst upgrades and downgrades included Apple, Boston Scientific, Caterpillar, Ciena, Costco Wholesale, Generac, Hasbro, Rivian Automotive, Steel Dynamics, Tapestry, Trade Desk and Walmart.
Originally published at 24/7 Wall St.
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