Microsoft Corp. (NASDAQ: MSFT): Stifel reiterated a Buy rating and raised its price target to $320 from $310. Goldman Sachs maintained a Buy rating, and its $325 target price increased to $335. Jefferies also reiterated a Buy rating, and its target price moved up to $350 from $325. The consensus target is $310.54 for now. The shares closed over 7% higher on Wednesday at $295.37 following an outstanding quarterly report.
PulteGroup Inc. (NYSE: PHM): Goldman Sachs raised its $57 target price on the Neutral-rated stock to $65. The consensus target for the homebuilder is $72.33. The stock closed on Wednesday at $64.63.
Sarepta Therapeutics Inc. (NASDAQ: SRPT): SMBC Nikko initiated coverage with an Outperform rating. Its $185 target price is well above the $168.47 consensus target. The last trade on Wednesday came in at $122.28.
Scotts Miracle-Gro Co. (NYSE: SMG): When Barclays downgraded the shares to Equal Weight from Overweight, the $105 target price fell to $70. The consensus target is $85.29. Wednesday’s $64.44 close was down 6% for the day after the downgrade.
Stoke Therapeutics Inc. (NASDAQ: STOK): Canaccord Genuity resumed coverage with a Buy rating and a $24 target price. The consensus target is $25.13. The shares closed on Wednesday at $8.97. That was up almost 11% for the day following positive clinical testing news.
Tesla Inc. (NASDAQ: TSLA): The Jefferies downgrade to Hold from Buy included a target price cut to $185 from $230. The consensus target is $182.90. The stock closed over 4% lower on Wednesday at $153.75.
TransUnion (NYSE: TRU): Needham upgraded the stock from Hold to Buy with an $84 target price. The consensus target is $79.19. Wednesday’s close was at $64.00.
Ultragenyx Pharmaceutical Inc. (NASDAQ: RARE): Cantor Fitzgerald initiated coverage with an Overweight rating and a $114 target price. The consensus target is $91.44. The stock closed on Wednesday at $42.33.
Now may be the time to take profits and move to eight top safe-haven stocks that pay big, dependable dividends and should continue to fare well.
Wednesday’s top analyst upgrades and downgrades included Aflac, Capri, Coterra Energy, First Republic Bank, PDD, Range Resources, Stanley Black & Decker, Starwood Property Trust, VFC, Viking Therapeutics and ZTO Express.
Originally published at 24/7 Wall St.
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