Palo Alto Networks Inc. (NASDAQ: PANW): Goldman Sachs initiated coverage with a Buy rating and a $205 price target. The consensus target is $205.89. The stock closed on Tuesday at $170.14.
SolarEdge Technologies Inc. (NASDAQ: SEDG): Oppenheimer raised its $379 target price on the Outperform-rated shares to $383. The consensus target is $352.95. The closing share price on Tuesday was at $315.43.
Sonoco Products Co. (NYSE: SON): Argus upgraded the stock to Buy from Hold and has a $67 target price. The consensus target is $66.83. The last trade on Tuesday was for $60.51 a share.
Take-Two Interactive Software Inc. (NASDAQ: TTWO): DZ Bank downgraded the stock to Hold from Buy and has a $105 target price. The consensus target is $129.86. The shares closed on Tuesday at $112.09.
Trade Desk Inc. (NASDAQ: TTD): Citing that analysts are lowering estimates, Zacks named this as its Bear of the Day stock. Shares have traded as high as $86.88 in the past year but closed most recently at $49.92.
Twilio Inc. (NASDAQ: TWLO): Oppenheimer reiterated an Outperform rating with a $75 target price. The consensus target is $79.46. The closing trade for Tuesday was recorded at $62.10.
Tyler Technologies Inc. (NYSE: TYL): Truist Financial reiterated a Buy rating and has a $475 target price. The consensus target is just $419.48, and shares ended Tuesday trading at $326.19.
Viad Corp. (NYSE: VVI): Oppenheimer reiterated an Outperform rating with a $42 price objective. The consensus target is $40.50, and the stock closed on Tuesday at $25.99.
XPO Inc. (NYSE: XPO): Evercore ISI’s downgrade to In Line from Outperform came with a target price cut to $35 from $44. The consensus target is $47.64. Tuesday’s close at $37.82 was up close to 4% on the day, despite the downgrade.
Zscaler Inc. (NASDAQ: ZS): Goldman Sachs initiated coverage with a Neutral rating and a $148 target price. The consensus target is $170.15. The stock closed at $136.19 on Tuesday.
With the economic storm clouds growing, seven safe-haven stocks with total return potential may be the smart move for investors now.
Tuesday’s top analyst upgrades and downgrades included Amgen, Caterpillar, CF Industries, Coinbase Global, Fastly, Match, Newmont, Okta, Progressive, Toast, Under Armour, Walt Disney and Zim Integrated Shipping Services.
Originally published at 24/7 Wall St.
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