Green Brick Partners Inc. (NYSE: GRBK): B. Riley Securities downgraded the stock to Neutral from Buy and has a $62 target price. The consensus target is $44.00. The stock closed on Monday at $53.12.
Mercury Systems Inc. (NASDAQ: MRCY): J.P. Morgan’s downgrade to Neutral from Overweight included a bit price target cut to $37 from $56. The consensus target is $50.56 for now. Monday’s $31.50 close was down almost 10% for the day on the downgrade.
Micron Technology Inc. (NASDAQ: MU): Stifel stuck with a Hold rating but raised its target price to $65 from $55. The consensus target is $72.55. The stock closed on Monday at $65.45.
MongoDB Inc. (NASDAQ: MDB): Capital One started coverage with an Equal Weight rating and a $396 target price. The consensus target is $384.14. The shares closed on Monday at $379.98.
Ross Stores Inc. (NASDAQ: ROST): Gordon Haskett downgraded the stock to Accumulate from Buy. Its $120 target price compares with a consensus target of $119.42 and the most recent close at $107.61.
Sherwin-Williams Co. (NYSE: SHW): The BMO Capital Markets upgrade to Outperform from Markets Perform included a target price bump to $275 from $269. The consensus target is $256.89. The stock closed on Monday at $251.71.
Sotera Health Co. (NASDAQ: SHC) KeyBanc Capital Markets upgraded the stock to Overweight from Sector Weight and has a $24 target price. The consensus target is $19. The shares closed over 2% higher on Monday at $18.42 after the upgrade.
Tesla Inc. (NASDAQ: TSLA): The Goldman Sachs downgrade to Neutral from Buy included a target price hike to $248 from $185. The consensus target is $197.13. Monday’s close at $241.05 was down 6% for the day on the downgrade.
TG Therapeutics Inc. (NASDAQ: TGTX): Jefferies resumed coverage with a Buy rating and a $40 target price. The consensus target is $30.06. The stock closed on Monday at $22.87.
This week, Micron Technology is among companies expected to lift their dividends, showing that they are doing well and have the earnings and cash flow strength to increase their payouts.
Monday’s top analyst upgrades and downgrades included Academy Sports and Outdoors, Accenture, Clorox, Fiserv, Moderna, Planet Fitness, Sarepta Therapeutics, Tesla, Under Armour, Ventas, Viatris, Wayfair and Welltower.
Originally published at 24/7 Wall St.
Sponsored: Find a Qualified Financial Advisor
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.
