Equity Residential (NYSE: EQR): Truist Securities upgraded the stock to Buy from Hold and has a $68 target price. The consensus target is $67.95. The shares closed on Tuesday at $61.37.
Exxon Mobil Corp. (NYSE: XOM): Scotiabank’s upgrade to Sector Outperform from Sector Perform included a target price hike to $135 from $120. The consensus target is $120.98. Tuesday’s close was at $112.94.
Global Payments Inc. (NYSE: GPN): As Morgan Stanley lifted its Equal Weight rating to Overweight, the $124 target price rose to $135. The consensus target is still higher at $142.86. Tuesday’s $111.46 close was up almost 4% on the day after positive Wall Street comments on the company.
ICON PLC (NASDAQ: ICLR): Barclays upgraded the stock to Overweight from Equal Weight. It also raised its $215 target price to $260, above the $255.20 consensus target. The shares closed on Tuesday at $225.45.
KB Home (NYSE: KBH): Citing disappointing quarterly results and downbeat guidance, Zacks selected this homebuilder as its Bear of the Day stock. Shares have traded as high as $45.04 in the past year but closed most recently at $35.19.
Kroger Co. (NYSE: KR): The Underweight rating at Morgan Stanley increased to Equal Weight, and the $44 target price rose to $46. The consensus target is higher at $53.32. The last trade on Tuesday was recorded at $46.19.
Microsoft Corp. (NASDAQ: MSFT): Guggenheim’s downgrade was so Sell from Neutral. Its $212 price target compares with the $293.77 consensus target and Tuesday’s close at $240.35.
Nabors Industries Ltd. (NYSE: NBR): Citigroup raised its Neutral rating to Buy with a $210 target price. The consensus target is just $197.56. Tuesday’s close at $172.74 was a one-day gain of over 2% on recent upgrades, including this one.
NICE Ltd. (NASDAQ: NICE): Piper Sandler upgraded the shares to Overweight from Neutral and has a $227 target price. The consensus target is up at $263.73. The stock closed almost 4% higher on Tuesday at $206.13 due to the solid upgrade.
NRG Energy Inc. (NYSE: NRG): Zacks named this utilities stock as its Bull of the Day, citing its dividend yield, stable business model and expansion plans. Shares last closed at $32.15 and have a consensus price target of $39.88.
Old Dominion Freight Line Inc. (NASDAQ: ODFL): When BofA Securities upgraded the trucking giant to Neutral from Underperform, it boosted its $266 price target all the way to $334. The consensus target is $287.83, much lower than Tuesday’s close at $314.58.
Paychex Inc. (NASDAQ: PAYX): Barclays downgraded the stock to Underweight from Equal Weight and has a $110 target price. The consensus target is $121.33. The stock ended Tuesday trading at $118.42.
ResMed Inc. (NYSE: RMD): J.P. Morgan upgraded the shares from Neutral to Overweight with a $245 target price. The consensus target is $252.50. Tuesday’s $225.38 close was up over 3% for the day on the upgrade.
Sponsored: Find a Qualified Financial Advisor
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.
