D.R. Horton Inc. (NYSE: DHI): J.P. Morgan’s downgrade to Neutral from Overweight included a price target cut from $107 to $102.50. The consensus target is $109.40. The shares closed on Monday at $91.46.
Equitrans Midstream Corp. (NYSE: ETRN): BofA Securities kept an Underperform rating but lowered its $7 target price to $6. The consensus target is $7.90. The shares closed on Monday at $6.05, down close to 4% for the day despite reporting solid revenue results.
Fortinet Inc. (NASDAQ: FTNT): Stifel reiterated a Buy rating with a $72 target price, noting that it believes that Fortinet is a leading cybersecurity platform vendor that should benefit from consolidating spending, especially given the price/performance advantage its solutions provide. The consensus target is $69.32. The shares closed on Monday at $61.31.
General Electric Corp. (NYSE: GE): BofA Securities raised its $92 price target on the Buy-rated shares to $96. The consensus target is $87.34. Monday’s close was at $87.06.
Hilton Grand Vacations Inc. (NYSE: HGV): Truist Financial lifted its $62 target price on the Buy-rated stock to $75. The consensus target is just $64.00, and shares ended Monday trading at $50.21. That was more than 5% higher on the day, after posting solid results late last week.
Inspire Medical Systems Inc. (NYSE: INSP): Truist Financial reiterated a Buy rating with a $330 target price. The consensus target is $305.89. The stock closed on Monday at $266.07.
KB Home (NYSE: KBH): J.P. Morgan downgraded the stock to Underweight from Overweight and reduced its $36 target price to $32.50. The $40.83 consensus target is higher, and Monday’s final trade was for $34.99 a share.
Lantheus Holdings Inc. (NASDAQ: LNTH): Truist Financial reiterated a Buy rating with a $94 target price. The consensus target is higher at $106.71. Monday’s closing share price was $73.00.
Meritage Homes Corp. (NYSE: MTH) J.P. Morgan upgraded the company to Overweight from Neutral and has a $129 target price. The consensus is set higher at $137. The last trade Monday came in at $109.26.
Nestle S.A. (NSRGY): RBC Capital Markets downgraded shares to Underperform from Sector Perform. The target price dropped from $100 to $95, well below the $132 consensus target. The over-the-counter traded shares ended on Monday at $112.57 apiece.
Nextracker Inc. (NYSE: NXT): Credit Suisse started coverage with an Outperform rating and a $36 target price. No consensus target was available as the stock had a recent initial public offering. Monday’s final trade was for $32.45 a share.
Palo Alto Networks Inc. (NASDAQ: PANW): Zacks makes the case that earnings momentum could take its Bull of the Day stock to all-time highs. Shares of this cybersecurity leader last closed at $187.91, and the $221.71 consensus price target would be an all-time high.
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.
