Pfizer Inc. (NYSE: PFE): Jefferies started coverage with a Hold rating and a $43 target price. That compares with a $52.52 consensus target and Monday’s closing share price of $41.11.
Prometheus Biosciences Inc. (NASDAQ: RXDX): Oppenheimer reiterated an Outperform rating with a $150 target price. The consensus target is $156. Monday’s $122.55 closed was down almost 3% on the day.
Ryman Hospitality Properties Inc. (NYSE: RHP): Truist Financial raised its $104 target price to $115 while maintaining a Buy rating. The consensus target is $104.00. The shares closed on Monday at $96.07.
Silvergate Capital Corp. (NYSE: SI): Wedbush lowered its Neutral rating to Underperform and cut the $9 target price in half to $4. The consensus target is $11.13. The shares closed on Monday at $5.41, down over 6% for the day, as the negative crypto issues continue.
Tesla Inc. (NASDAQ: TSLA): Jefferies reiterated a Buy rating with a $230 target price after assessing the company’s investors day data from last week. The consensus target is $195.74. The last trade on Monday was for $193.81 a share, down 2% on the day.
Verizon Communications Inc. (NYSE: VZ): Oppenheimer reiterated an Outperform rating with a $46 target price. The consensus target is $44.84. Monday’s close was at $38.15.
Vir Biotechnology Inc. (NASDAQ: VIR): J.P. Morgan upgraded the stock to Overweight from Neutral. The analyst also trimmed the $35 target price to $34, while the consensus target is up at $53.71. The stock closed on Monday at $23.09.
Yeti Holdings Inc. (NYSE: YETI): Citing disappointing earnings guidance and falling estimates, Zacks selected this outdoor goods maker as its Bear of the Day. Shares have traded as high as $65.46 in the past year but closed most recently at $38.51, after retreating more than 16% in the past month.
Artificial intelligence is here to stay, and, as with all innovations, mega-cap technology companies with deep pockets are likely to benefit first. Five of those big tech stocks have been hit hard and are offering the best entry points in years and unlimited potential.
Monday’s top analyst upgrades and downgrades included Apple, Broadcom, Costco Wholesale, C3.ai, Deere, First Solar, Hormel Foods, Kroger, Lowe’s Companies, Marvell Technology, Procter & Gamble, Range Resources and Zscaler.
Originally published at 24/7 Wall St.
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