Neurocrine Biosciences Inc. (NASDAQ: NBIX): Oppenheimer maintained an Outperform rating with a $154 target. The consensus target is just $126.09, and Wednesday’s closing print was $108.39.
Palo Alto Networks Inc. (NASDAQ: PANW): Westpark Capital initiated coverage with a Buy rating and a $340 target price. The consensus target is down at $271.90, and the stock closed at $237.90 on Wednesday.
PDD Holdings Inc. (NYSE: PDD): As Goldman Sachs upgraded the stock to Buy from Neutral, its target price rose to $129 from $99. The consensus target is $111.63. The shares closed over 5% higher on Wednesday, at $98.14, after the upgrade.
Peloton Interactive Inc. (NASDAQ: PTON): Macquarie downgraded the stock to Neutral from Outperform and has a $7 target price. The consensus target is $8.82, and shares closed at $6.24 on Wednesday.
Realty Income Corp. (NYSE: O): J.P. Morgan reiterated a Neutral rating and trimmed its $71 target price to $69. The consensus target is $68.23. The shares ended Wednesday’s session at $56.56.
Rockwell Automation Inc. (NYSE: ROK): Barclays downgraded the shares to Underweight from Equal Weight and lowered its target price to $287 from $300. The consensus target is $317.89. The shares closed on Wednesday at $309.57.
Sunrun Inc. (NASDAQ: RUN): Though Citigroup upgraded the stock to Buy from Neutral, the analyst trimmed the $25 target price to $21. The consensus target is $33.61. Wednesday’s $15.43 close up 2% for the day on the upgrade.
Texas Instruments Inc. (NASDAQ: TXN): Bernstein cut its Market Perform rating to Underperform with a $145 target price. The consensus target is up at $183.94, and Wednesday’s close was at $169.23.
UDR Inc. (NYSE: UDR): Scotiabank upgraded the stock to Sector Outperform from Sector Perform. It also nudged its $44 target price to $45, still shy of the $45.76 consensus target. The shares closed on Wednesday at $40.26.
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Wednesday’s top analyst upgrades and downgrades included AT&T, Best Buy, Dollar General, Microsoft, Navitas Semiconductor, Oracle, Plug Power, Salesforce, Verizon Communications and Wendy’s.
Originally published at 24/7 Wall St.
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