Johnson & Johnson (NYSE: JNJ): Citigroup resumed coverage with a Buy rating. Its $185 target price is higher than the $179.45 consensus target and Tuesday’s close at $154.37.
KBR Inc. (NYSE: KBR): Stifel reiterated a Buy rating and lifted its target price to $72 from $70. The consensus target is $750.64. The shares were last seen on Tuesday trading at $58.81.
Kenvue Inc. (NYSE: KVUE): Goldman Sachs started coverage with a Neutral rating and a $29 price target. The Citigroup team also initiated coverage with a Neutral rating, and it has a $28 target price. J.P. Morgan initiated coverage with an Overweight rating and a $29 target. The consensus is being set, as the post-IPO quiet period just ended. Tuesday’s close at $25.73 was down 2% for the day on overall so-so initiations.
Medtronic PLC (NYSE: MDT): Morgan Stanley’s upgrade was from Equal Weight to Overweight with a $104 target price. The consensus target is $91. The shares closed on Tuesday at $82.50.
Paylocity Holding Corp. (NASDAQ: PCTY): Barclays started coverage with an Equal Weight rating and set a $199 target price. That compares with the $247.81 consensus target and Tuesday’s close at $172.13 a share.
Teleflex Inc. (NYSE: TFX): C.L. King started coverage with a Buy rating and a $293 price target. The consensus target is $274.54, and shares were last seen on Tuesday trading at $232.06.
Universal Health Services Inc. (NYSE: UHS): When SVB Securities upgraded the stock to Outperform from Market Perform, its $147 price target jumped to $170. The consensus target is $154.07. Tuesday’s $131.36 close was up almost 3% for the day.
Vertex Pharmaceuticals Inc. (NASDAQ: VRTX): Piper Sandler started coverage with an Outperform rating, and its $410 target price compares with a $373.15 consensus figure and Tuesday’s $325.30 close.
Now that Nvidia’s market cap has topped $1 trillion, is there any more money to be made in the artificial intelligence race? Seven quality tech stocks still have plenty of upside potential, and they also come with strong and dependable dividends.
Tech giants like Apple and Microsoft rank high among the companies with the best reputations in America in 2023.
Tuesday’s top analyst upgrades and downgrades included Broadcom, Caterpillar, CVS Health, Guardant Health, Marvell Technology, Nutrien, Paramount Global, RingCentral, SoFi Technologies, UnitedHealth Group and Workday.
Originally published at 24/7 Wall St.
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