Match Group Inc. (NASDAQ: MTCH): Barclays upgraded shares of the popular dating site from Equal Weight to Overweight with a $52 target price. The consensus target is up at $62.77. The shares closed on Tuesday at $36.55.
MicroStrategy Inc. (NASDAQ: MSTR): The rally in its Bear of the Day stock this year appears overdone, says Zacks. Shares of this analytics software and cloud services company have traded as high as $522.80 in the past year but closed most recently at $229.47. That is down more than 15% in the past month.
MPLX L.P. (NYSE: MPLX): J.P. Morgan upgraded the energy giant to Overweight from Equal Weight, and its $37 target price is now $41. The consensus target is $38.86. Tuesday’s close was at $34.67.
Ovintiv Inc. (NYSE: OVV): As J.P. Morgan downgraded the shares to Neutral from Overweight, the analyst trimmed the $59 target price to $53. The consensus target is $61.96. Tuesday’s close was at $37.
Rogers Corp. (NYSE: ROG): CJS Securities initiated coverage with a Market Outperform rating, and its $185 target price is the same as the analysts’ consensus target. Tuesday’s closing share price of $156.25, was up over 3% for the day.
SoFi Technologies Inc. (NASDAQ: SOFI): Oppenheimer reiterated an Outperform rating and has a $7 target price. The consensus target is $7.58. The stock closed at $5.55 on Tuesday.
TrueCar Inc. (NASDAQ: TRUE): Needham’s upgrade was from Hold to Buy with a $3.50 target price. The consensus target is $3.88. Tuesday’s $2.09 close was up almost 5% for the day.
United Airlines Holdings Inc. (NYSE: UAL): BofA Securities reiterated its Underperform rating. Its $40 target price is well below the $61.94 consensus target. Tuesday’s close at $46.21 was down over 5% on the day after the company projected a fourth-quarter loss.
With consumer debt skyrocketing and interest rates rising, one bearish equity strategist recommends selling market rallies until new bear market lows. See seven safe stocks with big and dependable dividends for investors to move capital to now.
Tuesday’s top analyst upgrades and downgrades included Ally Financial, Amgen, Baidu, Bilibili, Bill.com, Coinbase Global, Eli Lilly, GE Healthcare Technologies, JPMorgan Chase, Merck, Moderna, Newmont, Palo Alto Networks, Truist Financial and Viking Therapeutics.
Originally published at 24/7 Wall St.
Sponsored: Tips for Investing
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
