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: Tips for Investing
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
