Rockwell Automation Inc. (NYSE: ROK): Jefferies started coverage with a Hold rating and a $335 target price. The $295.37 consensus target is well below the most recent close at $322.66, which was right near the 52-week high.
Roper Technologies Inc. (NYSE: ROP): Jefferies initiated coverage with a Buy rating and a $530 price target. The consensus target is $515.69, and the stock closed on Tuesday at $470.87.
SL Green Realty Corp. (NYSE: SLG): Though BTIG Research reiterated its Buy rating on the stock, the firm also reduced its $84 target price to $70. The consensus target is $30.86. Tuesday’s close at $30.72 was up almost 9% after the company said it sold 50% of one of its biggest New York City office buildings.
Sunstone Hotel Investors Inc. (NYSE: SHO): Morgan Stanley’s upgrade to Equal Weight from Underweight included a target price bump to $10 from $9. The consensus target is $10.18, and the shares ended Tuesday’s session trading at $9.78.
Unity Software Inc. (NYSE: U): Wells Fargo started coverage with an Overweight rating and a $48 target price. The consensus target is $38.09 for now. Tuesday’s close at $42.38 was up over 15%, after the company launched a new AI marketplace.
Wingstop Inc. (NASDAQ: WING): Northcoast boosted its Neutral rating to Buy and has set a $229 target price. The consensus target is $211.29. The stock closed almost 4% higher on Tuesday at $195.67.
Zillow Group Inc. (NYSE: ZG): Wells Fargo initiated coverage with an Equal Weight rating. Its $50 target price is near the consensus target of $50.70. Tuesday’s close at $49.98 is just shy of a 52-week high, so this may be a valuation call.
While they may not be as exciting as AI leaders, the seven highest-yielding S&P 500 stocks have incredible cash flow, have paid dependable dividends for years, and are well positioned for the second half of this year.
Tuesday’s top analyst upgrades and downgrades included Advance Auto Parts, Alphabet, Biogen, Cheesecake Factory, Chesapeake Energy, Micron Technology, MongoDB, Ross Stores, Tesla and TG Therapeutics.
Originally published at 24/7 Wall St.
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