Sea Ltd. (NYSE: SE): Though J.P. Morgan upgraded the stock to Overweight from Neutral, it also lowered the $85 target price to $70. The consensus target is up at $106.40. The stock closed Monday at $48.47, up 10% for the day on the upgrade.
Shake Shack Inc. (NYSE: SHAK): BTIG Research reiterated a Buy rating but lowered the $65 price target to $60. The consensus target is $54.89. Monday’s $44.20 close was down 6% on the day.
Shell PLC (NYSE: SHEL): Goldman Sachs downgraded the legacy oil heavyweight to Neutral from Buy and trimmed its $79 price target to $76. The consensus target is $67.56. Monday’s close was at $56.86.
S&P Global Inc. (NYSE: SPGI): Atlantic Equities raised the stock to Overweight from Neutral and boosted its target price to $385 from $356. The consensus target is $381.00. The stock closed on Monday at $319.25.
Splunk Inc. (NASDAQ: SPLK): Wolfe Research initiated coverage with an Outperform rating and a $90 target price. The consensus target is up at $125.39. Shares ended Monday’s session at $73.58.
Syneos Health Inc. (NASDAQ: SYNH): Evercore ISI downgraded the shares to In Line from Outperform, and it slashed its $55 price target to $27. The consensus target is $57. The stock closed on Monday at $30, up a stunning 17% for the day despite mixed earnings results.
TELUS International (Cda) Inc. (NASDAQ: TIXT): Scotiabank’s downgrade to Sector Perform from Sector Outperform came with a target price reduction to $26 from $33. The consensus target is $30.50. Monday’s close at $20.26 was down almost 9% on the day despite solid earnings metrics.
Trinity Industries Inc. (NYSE: TRN): Susquehanna cut its Positive rating to Neutral and has a $30 target price. The consensus target is $33.62. The stock closed on Monday at $29.40.
Berkshire Hathaway reported disappointing third-quarter results recently, but two huge energy stocks helped buoy the rest of the portfolio. The share price of one of them doubled this year, making it a huge winner for Warren Buffett.
Monday’s top analyst upgrades and downgrades included Altice USA, Arista Networks, Block, Cardinal Health, ConocoPhillips, Datadog, GoodRx, Monster Beverage, PepsiCo, Spirit AeroSystems, Twilio and WeWork.
Originally published at 24/7 Wall St.
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