Paramount Global (NASDAQ: PARA): The BofA Securities upgrade to Buy from Neutral came with a target price increase to $32 from $24. The consensus target is $20.98. The shares closed on Tuesday at $21.41.
Penumbra Inc. (NYSE: PEN): Truist Financial reiterated a Buy rating and raised its target price to $320 from $284. That compares with the $291.40 consensus target and Tuesday’s close at $275.54.
Repligen Corp. (NASDAQ: RGEN): Benchmark began coverage with a Buy rating and a $230 price target. The consensus target is $205.64. The stock closed on Tuesday at $167.58.
Restaurant Brands International Inc. (NYSE: QSR): Scotiabank resumed coverage with a Sector Outperform rating and a $72 price target. The consensus target is $70.354. Tuesday’s close was at $64.58.
Salesforce Inc. (NYSE: CRM): Jefferies reiterated a Buy rating with a $250 target price. The consensus target is $219.01, and Tuesday’s close was at $192.30.
Ulta Beauty Inc. (NASDAQ: ULTA): Canaccord Genuity initiated coverage with a Buy rating and a $622 target price. The consensus target is just $555. The stock closed at $531.79 on Tuesday.
Viking Therapeutics Inc. (NASDAQ: VKTX): Maxim Group reiterated a Buy rating and has a $25 target price, up from a $15 target. The consensus target is $19.50. Wednesday’s $15.44 close was up 70% on the day after positive clinical results were posted.
Vulcan Materials Co. (NYSE: VMC): Citing a weakening industry, Zacks selected this building materials supplier as its Bear of the Day stock. Shares have traded as high as $197.76 in the past year but closed most recently at $168.04. That is down about 7% in the past 30 days.
Williams Companies Inc. (NYSE: WMB): Truist Financial downgraded the shares to Hold from Buy and has a $31 target price. The consensus target is $37.26. Tuesday’s last trade came in at $28.88.
Four top exploration and production leaders and a high-yielding energy master limited partnership could offer serious upside with a move higher in benchmark pricing, making them tempting buys now for stock investors looking to add or increase energy exposure.
Tuesday’s top analyst upgrades and downgrades included Alphabet, Caterpillar, Corning, Digital Realty Trust, Dish Network, KeyCorp, Nvidia, Pinterest, Roku, Tesla and Wynn Resorts.
Originally published at 24/7 Wall St.
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