PDD Holdings Inc. (NASDAQ: PDD): Goldman Sachs lowered its Buy rating to Neutral and cut its $116 price target to $93. The consensus target is $106.69, and shares closed slightly higher on Monday at $66.75.
Squarespace Inc. (NYSE: SQSP): Citigroup’s upgrade was to Buy from Neutral. It also raised its $30 price target to $40. The consensus target is $29.42, but Monday’s close was at $30.71.
Starwood Property Trust Inc. (NYSE: STWD): BTIG Research resumed coverage with a Buy rating and a $19 price target. The consensus target is up at $23.21. The stock closed on Monday at $17.49.
Talos Energy Inc. (NYSE: TALO): Stephens initiated coverage with an Overweight rating and a $21 price target. The consensus target is $24.20. The stock closed on Monday at $13.75.
Universal Health Services Inc. (NYSE: UHS): When Barclays upgraded the stock to Equal Weight from Underweight, it also raised its $132 price target to $142. The consensus target is $141.47. The stock closed on Monday at $140.70.
V.F. Corp. (NYSE: VFC): Piper Sandler resumed coverage with an Overweight rating and a $29 price target. Shares last closed at $22.92, below the $28.36 consensus price target.
XPeng Inc. (NYSE: XPEV): Jefferies lifted its Underperform rating to Hold and its $4.20 price target to $9.30. The consensus target is $13.25. The stock closed at $9.29 on Monday.
Zebra Technologies Corp. (NASDAQ: ZBRA): The Credit Suisse upgrade to Outperform from Neutral came with a price target hike to $326 from $311. The consensus target is $360.08. Monday’s close was at $288.19.
ZTO Express Inc. (NYSE: ZTO): As Goldman Sachs upgraded the shares to Buy from Neutral, its price target increased to $42 from $37. The consensus target is $35.21. The stock closed on Monday at $27.94.
These 20 banks are still pouring billions into the fossil fuel industry.
Monday’s top analyst upgrades and downgrades included Ally Financial, Arbor Realty Trust, Chesapeake Energy, C3.ai, Endeavor, First Solar, Kingsoft Cloud, Kite Realty, Medtronic and Opendoor Technologies.
Originally published at 24/7 Wall St.
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