Micron Technology Inc. (NASDAQ: MU): Argus downgraded the shares to Hold from Buy. Over the past 52 weeks, the chip giant’s shares have traded between $48.43 and $98.45, and they have a $64.20 consensus price target. The final trade on Friday was for $49.98 a share.
Novavax Inc. (NASDAQ: NVAX): H.S. Wainwright reiterated a Buy rating while slashing its $207 target price to $110. The consensus target is $77.67. The stock closed Friday at $10.28, up almost 6% on the day after the company said it was taking its Covid/Flu combo vaccine back to the clinic.
PayPal Holdings Inc. (NASDAQ: PYPL): The Truist Securities upgrade was from Hold to Buy with a $95 target price. The consensus target is $105.63. The stock closed on Friday at $71.22.
Pfizer Inc. (NYSE: PFE): Wells Fargo reiterated a Buy rating on the pharmaceutical giant. Its $54 target price is shy of the $55.49 consensus target. The stock ended Friday’s session at $51.24 a share.
SS&C Technologies Holdings Inc. (NASDAQ: SSNC): Raymond James reiterated a Strong Buy rating with a $63 price target. The consensus target is $62.46. The stock closed on Friday at $52.06.
TG Therapeutics Inc. (NASDAQ: TGTX): B. Riley Securities raised its $17 target price on the Buyated shares to $23. The consensus target is $20.11. The stock closed Friday at $11.83, up close to 14% after the FDA approved the company’s treatment for MS.
uniQure N.V. (NASDAQ: QURE): Raymond James reiterated an Outperform rating with a $58 target price. The consensus target is $51.71. Friday’s close was at $22.67.
XPO Inc. (NYSE: XPO): BofA Securities downgraded the shares to Neutral from Buy and chopped its $60 target price to $35. The consensus target is $54.04 for now. The last trade on Friday came in at $33.30, down over 3% for the day.
A top Wall Street strategist feels energy could once again shine in 2023. Six outstanding energy stocks offer big and dependable dividends that could be raised this year, making them excellent total return candidates.
Friday’s top analyst upgrades and downgrades included AMC Entertainment, CNH Industrial, Kala Pharmaceuticals, Opendoor Technologies, Tesla and TG Therapeutics.
Originally published at 24/7 Wall St.
Sponsored: Find a Qualified Financial Advisor
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.