Microsoft Corp. (NASDAQ: MSFT): Goldman Sachs reiterated a Buy rating and lifted its target price to $400 from $350. The consensus target is $191.16. Monday’s close was at $345.11.
Netflix Inc. (NASDAQ: NFLX): Baird upgraded the shares to an Outperform rating from Neutral and raised its $340 target price all the way to $500. The consensus target is $454.22. The shares closed at $428.37 on Monday.
Neurocrine Biosciences Inc. (NASDAQ: NBIX): The SVB Securities upgrade to Outperform from Market Perform included a target price hike to $125 from $115. That compares with the $123.30 consensus target and Monday’s closing price of $100.02 a share.
Nvidia Corp. (NASDAQ: NVDA): Mizuho reiterated a Buy rating and boosted its target price to $530 from $400. The consensus target is $491.50. On Monday, the closing share price was $446.12.
Q2 Holdings Inc. (NYSE: QTWO): Baird upgraded the shares to Outperform from Neutral. It also boosted its $30 target price to $39, above the consensus target of $30.79. The shares closed at $34.46 on Monday, up close to 6% for the day due to the upgrade.
Shopify Inc. (NYSE: SHOP): MoffettNathanson upgraded the stock to Outperform from Market Perform and has a $76 target price. The consensus price target is $62.55, and shares closed on Monday at $66.18.
Tesla Inc. (NASDAQ: TSLA): Though UBS cut its Buy rating to Neutral, the firm raised its target price to $270 from $220. The consensus target is $227.44, but the stock closed on Monday at $269.06.
Twilio Inc. (NYSE: TWLO): The RBC Capital Markets downgrade was to Underperform from Sector Perform. Its $55 target price dropped to $50 as well. The consensus price target is $67.45, and Monday’s close was at $61.32.
Five top companies are Wall Street favorites and are expected to raise their dividends this week, showing that they are doing well and have the earnings and cash flow strength to increase their payouts.
See which are the most hated insurance companies in America and where Biden policies are creating the most jobs.
Monday’s top analyst upgrades and downgrades included Activision Blizzard, Alphabet, Blackstone, Carvana, Discover Financial Services, Harley-Davidson, Knight-Swift Transportation, Live Nation Entertainment, McDonald’s, Microsoft, SL Green Realty, Sunnova Energy and Texas Instruments.
Originally published at 24/7 Wall St.
Sponsored: Tips for Investing
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
