Nvidia Corp. (NASDAQ: NVDA): Needham reiterated a Buy rating on the stock and lifted its $200 target price to $230. The consensus target is just $195.08. Monday’s close was at $162.54.
Palomar Holdings Inc. (NASDAQ: PLMR): Truist Securities lowered its price target to $65 from $89, but it maintained its Buy rating. The consensus target is $78.57 for now. The stock closed over 5% lower on Monday at $47.61.
Pentair PLC (NYSE: PNR): Stifel raised its Hold rating to Buy, and its $46 price target is now $57, higher than the $50.87 consensus target. The stock closed on Monday at $43.85.
Raymond James Financial Inc. (NYSE: RJF): Keefe Bruyette’s downgrade was to Market Perform from Outperform, and the $130 target price was trimmed to $120. The consensus target is $124.40. The final trade for Monday was reported at $105.14.
Spok Holdings Inc. (NASDAQ: SPOK): Lake Street resumed coverage with a Buy rating and a $15 price target, the same as the consensus target. The stock was last seen on Monday trading at $7.92.
Thomson-Reuters Corp. (NYSE: TRI): Scotiabank resumed coverage with a $126 target price. The consensus target is $115.62. The stock closed on Monday at $111.76.
Vertex Pharmaceuticals Inc. (NASDAQ: VRTX): Jefferies downgraded the shares to Hold from Buy and has a $340 target price. The consensus target is $323.94. Monday’s closing share price was $291.59.
Xylem Inc. (NYSE: XYL): Stifel cut its Buy rating to Hold but bumped up its $113 target price to $115. The consensus target is $124.40. The close on Monday was at $108.48.
Domestic energy producers are expected to benefit from a buildup of the Strategic Petroleum Reserve. Five mega-cap leaders that pay big and dependable dividends are offering investors inviting entry points and look like outstanding ideas for 2023.
Monday’s early top analyst upgrades and downgrades included Brixmor Property, Dollar General, Delta Air Lines, Express, JD.com, ONEOK, Prudential Financial, Trip.com, United Airlines and Verizon Communications. Analyst calls seen later in the day were on American Electric Power, Enphase Energy, Moderna, Tesla, Verizon Communications, Warner Music, Waste Management and more.
Originally published at 24/7 Wall St.
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