Nutrien Ltd. (NYSE: NTR): TD Securities raised its Hold rating to Buy and its target price to $83 from $72. The consensus target is $75.33. The stock closed on Monday at $68.89.
Ryder System Inc. (NYSE: R): Baird upgraded the shares to Outperform from Neutral. Its $118 target price compares with a $110.57 consensus target and Monday’s close at $102.15.
Salesforce Inc. (NYSE: CRM): Although Morgan Stanley downgraded the shares to Equal Weight from Overweight, it also raised its $251 target price to $278. The $218.41 consensus target is less than Monday’s $225.01 close.
Smart Financial Inc. (NASDAQ: SMBK): Raymond James upgraded the shares to Strong Buy from Market Perform and has a $30 target price. The consensus target is $25.83. The stock closed on Monday at $25.12.
Tencent Music Entertainment Group (NYSE: TME): Citigroup downgraded the stock to Neutral from Buy, and its $9.50 price target shrank to $7.50. The consensus target is $9.48. The stock closed on Monday at $6.99.
Tractor Supply Co. (NASDAQ: TSCO): When Barclays downgraded the shares to Equal Weight from Overweight, it cut its $254 target price to $224. The consensus target is $248.75. The stock closed on Monday at $223.99.
Valero Energy Corp. (NYSE: VLO): Tudor Pickering Hol upgraded the refiner to Buy from Hold. Its $145 target price is higher than the consensus target of $143.21 and Monday’s close at $128.91.
Wayfair Inc. (NYSE: W): Piper Sandler’s Neutral rating rose to Overweight, and its $35 target price soared to $97. The $56.34 consensus target is well below Monday’s $77.87 close, which was up over 6% for the day on the upgrade.
For investors not interested in chasing the runaway AI train, seven old-school tech stocks have dependable dividends, reasonable entry points, solid growth potential, and will not be left behind when it comes to artificial intelligence.
Monday’s top analyst upgrades and downgrades included ASE Technology, Block, Comcast, Copart, Digital Realty Trust, Enphase Energy, First Solar, Intel, Meta Platforms, Roku, Southwest Airlines, Snap and Trade Desk.
Originally published at 24/7 Wall St.
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