New Fortress Energy Inc. (NYSE: NFE): Deutsche Bank started coverage with a Buy rating and a $60 target price. The consensus target is $71.63. Monday’s final trade was for $65.05 a share.
Northern Trust Corp. (NASDAQ: NTRS): though J.P. Morgan upgraded the stock to Neutral from Underweight, it also trimmed its $97 target price to $96.50. The consensus target is $97, and shares closed on Monday at $87.74.
Pioneer Natural Resources Co. (NYSE: PXD): Stifel lowered its $293 target price to $286. The consensus target is $256.45. The stock closed almost 6% higher on Monday due to the acquisition chatter.
Regions Financial Corp. (NYSE: RF): UBS upgraded the stock to Buy from Neutral and has a $21 target price. The consensus target is $23.37. The stock closed on Monday at $18.41.
Southwestern Energy Inc. (NYSE: SWN): Siebert Williams Shank started coverage with a Hold rating and a $6 target price. The consensus target is $8.38. Monday’s close at $5.28 was up over 5% on the day.
Tyson Foods Inc. (NYSE: TSN): Zacks pointed to headwinds that meat producers face as it named this one its Bear of the Day stock. Shares have traded as high as $99.54 in the past year but closed most recently at $61.05, which is down about 7% in the past 90 days.
Warner Bros. Discovery Inc. (NYSE: WBD): Truist Financial initiated coverage with a Buy rating and a $19 target price. The consensus target is $21.18. Monday’s close was at $15.40.
Weyerhaeuser Co. (NYSE: WY): As D.A. Davidson upgraded the stock to Buy from Neutral, its $34 target price was nudged up to $35. The consensus target is $36.60. Monday’s close was at $30.43.
Xometry Inc. (NASDAQ: XMTR): JMP Securities started coverage with a Market Outperform rating and a $20 price target. The consensus target is $28.89. The positive coverage had shares closing at $14.96 on Monday, up 10% for the day.
A wave of mergers and acquisitions in the energy space may be starting, and these five top exploration and production companies could be swallowed up next. Plus, they all pay solid dividends while investors wait and see.
Monday’s top analyst upgrades and downgrades included Alphabet, Amazon.com, Apple, Comerica, Datadog, FedEx, Ferrari, Leslie’s, Monster Beverage, Mosaic, Pinterest, Pure Storage, Skyworks Solutions, Toast, Wells Fargo and Welltower.
Originally published at 24/7 Wall St.
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