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.
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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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