Costco Wholesale Corp. (NASDAQ: COST): Bernstein initiated coverage with an Outperform rating and a $586 target price. The consensus target is $562.52. The stock closed on Tuesday at $481.16.
Edwards Lifesciences Corp. (NYSE: EW): Stifel’s downgrade was to Hold from Buy, and it lowered its $95 target price to $75. The consensus target is $93.14. Tuesday’s closing print was $72.27.
Estee Lauder Companies Inc. (NYSE: EL): Deutsche Bank’s upgrade to Buy from Hold included a target price hike to $266 from $209. The consensus target is $240.44. The stock closed on Tuesday at $237.05.
General Electric Co. (NYSE: GE): Oppenheimer upgraded the blue-chip giant to Outperform from Perform and has a $104 target price. The consensus target is lower at $86.12. The stock ended Tuesday trading at $85.28.
General Mills Inc. (NYSE: GIS): Deutsche Bank’s downgrade was from Buy to Hold with an $88 target. The consensus target is $78.61. The stock closed Tuesday at $85.38, so this looks like a straight valuation call, as it is trading just below a 52-week high.
Hanesbrands Inc. (NYSE: HBI): The Zacks Bear of the Day stock has a P/E of just 6.5, points out the analyst. Shares of this apparel maker have traded as high as $17.81 in the past year but closed most recently at $6.33. That is down almost 25% in the past 90 days.
JPMorgan Chase & Co. (NYSE: JPM): Morgan Stanley upgraded the financial giant to Overweight from Underweight while boosting its $126 price target to $153. The $139.89 consensus target is now closer to Tuesday’s close at $131.59.
Kimberly-Clark Corp. (NYSE: KMB): Deutsche Bank downgraded the consumer staples giant to Sell from Hold. It also lifted its $120 target to $123. The consensus target is $125.62. The stock closed on Tuesday at $136.01.
Lumen Technologies Inc. (NYSE: LUMN): Goldman Sachs resumed coverage with a Neutral rating and a $6 target The consensus target is $6.80. Tuesday’s closing share price of $5.40 was up close to 4% for the day.
Molson Coors Beverage Co. (NYSE: TAP): Deutsche Bank’s Hold rating dropped to Sell. Its $50 target price is less than the $53.76 consensus target. The last trade for Tuesday came in at $53.26.
NMI Holdings Inc. (NASDAQ: NMIH): BTIG Research’s downgrade was from Buy to Neutral with a $24 target price. The consensus target is $26.78. The stock closed on Tuesday at $19.53.
PennyMac Financial Services Inc. (NYSE: PFSI): Wells Fargo raised its Equal Weight rating to Overweight, and its $54 target price jumped to $75. The consensus target is $65.25. The last trade on Tuesday was recorded at $58.59.
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