Global Payments Inc. (NYSE: GPN): Monness Crespi & Hardt started coverage with a Buy rating. Its $175 target price is well above the consensus target of $146.00. Shares were last seen trading at $115.88 on Monday.
Insulet Corp. (NASDAQ: PODD): Though Jefferies upgraded the stock to Buy from Hold, its target price slipped to $240 from $260. The consensus target is $280.13. Monday’s $165.04 closed was up almost 4% for the day due to the upgrade.
Invitation Homes Inc. (NYSE: INVH): Evercore ISI upgraded the stock to Outperform from In Line, yet the analyst trimmed the $38 target price to $37. The consensus target is $37.59. Monday’s close was at $31.28.
NextEra Energy Partners L.P. (NYSE: NEP): Wells Fargo’s downgrade to Equal Weight from Overweight came with a target price cut from $80 all the way to $33. The consensus target is $61.75 for now. The stock closed almost 17% lower on Monday at $24.73, after multiple downgrades due to missed estimates and a dividend cut late last week.
Nextracker Inc. (NASDAQ: NXT): UBS initiated coverage with a Buy rating and a $50 price target. The consensus target is $48.94. Monday’s close was at $39.03.
Nvidia Corp. (NASDAQ: NVDA): Goldman Sachs reiterated a Buy rating with a $605 target price while adding the stock to the firm’s Conviction List of top picks. The consensus target is higher at $627.71. The stock ended Monday trading at $447.82 a share.
Norfolk Southern Corp. (NYSE: NSC): The Buy rating at BofA Securities was cut to Neutral and the $266 target price reduced to $215. The consensus target is $248.65. The stock closed on Monday at $187.
Okta Inc. (NASDAQ: OKTA): Goldman Sachs maintained a Buy rating with a $100 target price, and it added the stock to the firm’s Conviction List of top picks. The consensus target is $95.71, and Monday’s close was at $80.72.
PayPal Holdings Inc. (NASDAQ: PYPL): Monness Crespi & Hardt started coverage with a Buy rating. Its $100 target price is well above the consensus target of $85.88, and shares closed at $58.56 on Monday.
Rivian Automotive Inc. (NASDAQ: RIVN): Evercore ISI’s upgrade was from In Line to Outperform with a $35 target price. That compares with a $29.09 consensus target and Monday’s closing print of $23.66.
SolarEdge Technologies Inc. (NASDAQ: SEDG): Barclays slashed its $272 target price to $152 while downgrading the shares to Equal Weight from Overweight. The consensus target is $285.44 for now. The stock closed on Monday at $122.56, over 5% lower for the day, due to the downgrade.
Toast Inc. (NYSE: TOST): When Mizuho downgraded the stock to Neutral from Buy, it cut its $30 target price to $16. The consensus target is $25.41. Monday’s close was at $18.33.
Xylem Inc. (NYSE: XYL): Melius upgraded the shares to Overweight from Neutral, but its $122 target price is less than the consensus target of $124.10. The stock closed on Monday at $91.79.
Zscaler Inc. (NYSE: ZS): Piper Sandler’s upgrade to Overweight from Neutral included a target price boost to $190 from $160. The consensus target is $184.67. The shares ended trading on Monday at $160.89.
Five top Dow stocks have lagged and are offering investors some of the best entry points in years. For growth stock investors who are patient, these dividend payers offer some big-time upside potential.
Monday’s top analyst upgrades and downgrades included AbbVie, Adobe, Advance Auto Parts, Anheuser-Busch InBev, Bumble, Fortinet, Nike and Palo Alto Networks.
Originally published at 24/7 Wall St.
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