PerkinElmer Inc. (NYSE: PKI): Though Cowen upgraded the stock to Outperform from Market Perform, it also slashed its $192 price target to $164. The consensus target is $157.54. The shares closed on Tuesday at $137.29.
Reinsurance Group of America Inc. (NYSE: RGA): RBC Capital Markets upgraded the stock to Outperform from Sector Perform and lifted its $145 target price to $170. The consensus target is $148.67. Tuesday’s $146.06 close was up almost 5% on the day.
Royal Caribbean Cruise Ltd. (NYSE: RCL): J.P. Morgan’s downgraded was from Overweight to Underweight. It also chopped the $106 target price in half to $47, while the consensus figure is $65.50. The last trade on Tuesday came in at $57.63.
RXO Inc. (NYSE: RXO): Jefferies initiated coverage with a Buy rating and a $25 target price. The consensus target is $22. Tuesday’s close was at $18.12.
Schlumberger Ltd. (NYSE: SLB): Citing rising earnings, Zacks named this oilfield services giant as its Bull of the Day stock. The shares last closed at $50.88, and the $59.07 consensus target price would be a multiyear high.
SL Green Realty Corp. (NYSE: SLG): The BMO Capital Markets downgrade to Market Perform from Outperform included a target price trim to $41 from $47. The consensus target is $48.47. Tuesday’s closing share price of $35.56 was down close to 7% on the day, along with the bad tape.
State Street Corp. (NYSE: STT): Morgan Stanley downgraded the stock from Overweight to Equal Weight with an $86 target. The consensus target is $82.71. On Tuesday, the closing share price was $74.36.
United Airlines Holdings Inc. (NASDAQ: UAL): Argus raised its Hold rating on the legacy carrier to Buy with a $52 target price. The consensus target is $52.68. Tuesday’s close was at $45.92.
Walmart Inc. (NYSE: WMT): Bernstein started coverage with a Market Perform rating and a $159 target price. The consensus target is $160.67, and the stock closed on Tuesday at $149.86.
Seven outstanding stocks not only have very solid growth potential for 2023 but also pay the big and reliable dividends income investors crave, and they are offering investors very timely entry points as well.
See why Goldman Sachs thinks now is the time to get into cryptocurrency.
Tuesday’s top analyst upgrades and downgrades included CrowdStrike, Diamondback Energy, DoorDash, Etsy, JetBlue Airways, Lululemon Athletica, Marriott International and Silvergate Capital.
Originally published at 24/7 Wall St.
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