Merck & Co. Inc. (NYSE: MRK): Goldman Sachs raised its $106 target price on the Buy-rated shares to $122. The consensus target is $118.92. The shares closed on Tuesday at $111.29.
Mineralys Therapeutics Inc. (NASDAQ: MLYS): Stifel initiated coverage with a Buy rating and a $45 price target. No consensus target was available as the initial public offering was last month. The shares closed Tuesday at $17.84, down close to 6% on the day.
New Fortress Energy Inc. (NYSE: NFE): Stifel raised its $43 target price on the Buy-rated stock to $49. The consensus target is $56.09, and Tuesday’s close was at $34.36.
NexTier Oilfield Solutions Inc. (NYSE: NEX): Stifel reiterated a Buy rating with an $18 price target. The consensus target is $15.10. Tuesday’s close was at $10.45.
Radius Global Infrastructures Inc. (NASDAQ: RADI): Jefferies downgraded the stock from Buy to Hold with a $15 target price (its reported acquisition price). The consensus target is $14.50. The stock closed on Tuesday at $14.58.
Regions Financial Corp. (NYSE: RF): Truist Financial resumed coverage with a Buy rating and a $27 price target. The consensus target is $25.55. The stock closed almost 4% lower on Tuesday at $22.40.
Ryder System Inc. (NYSE: R): Stifel bumped its $105 target price on the Hold-rated stock to $107. The consensus target is $108.43. The shares closed on Tuesday at $96.42.
Wayfair Inc. (NYSE: W): Truist Financial lowered its $50 target price to $47 while maintaining a Buy rating. The consensus target is $47.69. The stock ended Tuesday trading at $39.01.
For growth and income investors, master limited partnerships may be a gold mine in the current investment environment. The reliable high dividends of five top MLP stocks make them outstanding candidates for generating big passive income streams.
Tuesday’s top analyst upgrades and downgrades included Altria, Apple, D.R. Horton, Equitrans Midstream, Fortinet, General Electric, Nextracker, Palo Alto Networks, Pfizer, Silvergate Capital, Tesla and Verizon Communications.
Originally published at 24/7 Wall St.
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