Okta Inc. (NASDAQ: OKTA): Oppenheimer increased its $95 target price on the Outperform-rated stock to $110. The consensus target is $92.89. The shares closed on Monday at $77.74, which was up close to 5% on the day.
Palo Alto Networks Inc. (NASDAQ: PANW): Oppenheimer reiterated an Outperform rating and raised its target price to $250 from $220. The consensus target is $222.03. The stock closed on Monday at $201.16.
PHX Minerals Inc. (NYSE: PHX): Alliance Global Partners started coverage with a Buy rating and a $5 target price. The consensus target is $5.13. The stock closed on Monday at $2.79.
Prometheus Biosciences Inc. (NASDAQ: RXDX): Stifel’s downgrade was to Hold from Buy, but it hiked its $155 target price to $200. The consensus target is $159.54 from now. The stock saw a one-day of 70%, closing Monday at $193.51, after Merck acquired the company for $10.8 billion.
SAP S.E. (NYSE: SAP): Barclays reduced its $137 target price to $134, but it maintained an Overweight rating. The consensus target is $144.38, and Monday’s closing share price was $127.20.
Snap Inc. (NYSE: SNAP): TD Cowen reiterated a Market Perform rating and nudged the $8 target price up to $9. The consensus target is $10.33. Monday’s close was at $10.88.
Stratasys Ltd. (NASDAQ: SSYS): Citing a big move higher after a solid earnings report, Zacks selected this 3D printing stock as its Bull of the Day. Shares last closed at $15.25, and the $18.33 consensus price target represents more than 20% upside potential.
Uber Technologies Inc. (NASDAQ: UBER): Jefferies reiterated a Buy rating on the stock and named it a Top Pick. The firm’s $49 target price compares with a $46.81 consensus target and the most recent close at $32.08.
Wells Fargo & Co. (NYSE: WFC): Raymond James reiterated a Strong Buy rating, but its $46 target price is less than the $48.76 consensus target. The stock closed over 4% higher on Monday at $41.30.
While gold has exploded higher in 2023 on worries of a financial sector meltdown, it has backed up some recently, offering investors another chance to grab the glittering bullion. Six gold stocks look like great ideas now for worried investors.
Monday’s top analyst upgrades and downgrades included Altria, Archer Daniels Midland, Baidu, Beyond Meat, Bunge, General Electric, Hecla Mining, Kraft Heinz, Lowe’s Companies, Mosaic, Philip Morris International, Rivian Automotive, SLM, Sunrun, Toast and VFC.
Originally published at 24/7 Wall St.
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