Revvity Inc. (NYSE: RVTY): Goldman Sachs resumed coverage with a Buy rating and a $150 target price. The consensus target is $149.71. The shares closed on Tuesday at $120.30.
Salesforce Inc. (NYSE: CRM): Jefferies reiterated a Buy rating with a $250 target price. The consensus target is $226.15. Tuesday’s closing share price was $206.34.
Silk Road Medical Inc. (NASDAQ: SILK): C.L. King initiated coverage with Buy rating and a $47 target price. The consensus target is $45.83. The shares closed on Tuesday at $31.52.
Steel Dynamics Inc. (NASDAQ: STLD): J.P. Morgan initiated coverage with an Underweight rating and an $82 target price. The consensus target is up at $95.83, nearly the same as Tuesday’s $95.84 close.
Weave Communications Inc. (NYSE: WEAV): Zacks named this software maker as its Bull of the Day stock, with the analyst making the case for the share price to potentially double or triple over the next 6 to 12 months. Shares last closed at $7.60, after surging nearly 69% in the past month.
Werner Enterprises Inc. (NASDAQ: WERN): Stifel resumed coverage with a Buy rating, and its $51 target price was raised to $53. The consensus target is $50.94. The stock closed on Tuesday at $45.02.
Wheaton Precious Metals Corp. (NYSE: WPM): RBC Capital Markets cut its Outperform rating on the gold and silver royalty company to Sector Perform with a $45 price target. That is lower than the $57.21 consensus target and Tuesday’s $46.13 close, which was down almost 4% for the day on the downgrade.
Zoom Video Communications Inc. (NYSE: ZM): Moffett Nathanson’s upgrade was from Underperform to Market Perform with a $55 price target. The consensus target is $84.52. The stock closed over 8% lower on Tuesday at $65.65.
Some feel the stock market could be headed for a 20% or greater drop, with or without a debt ceiling default. Here is how investors should prepare now for a market crash.
Tuesday’s top analyst upgrades and downgrades included Apple, Azul, Conagra Brands, Corteva, CSX, Deere, DraftKings, Foot Locker, Intuit, KeyCorp, Nike, Salesforce, Take-Two Interactive Software, Union Pacific and Zions Bancorp.
Originally published at 24/7 Wall St.
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