Exact Sciences Corp. (NASDAQ: EXAS): Piper Sandler upgraded the stock to Overweight from Neutral. The firm’s $90 target price is less than the consensus target of $109.00. Tuesday’s close was at $66.10.
Juniper Networks Inc. (NASDAQ: JNPR): J.P. Morgan’s downgrade to Neutral from Overweight included a price target trim to $29 from $32. The consensus target is $32.38 for now. The shares ended Tuesday trading at $26.47.
MongoDB Inc. (NYSE: MDB): Scotiabank initiated coverage with a Sector Perform rating and a $335 target price. That compares with the $436 consensus target and Tuesday’s closing print of $358.47.
Next Era Energy Partners L.P. (NYSE: NEP): When UBS downgraded the stock to Neutral from Buy, its $74 target price plunged to $20. The consensus target is $50.13 for now. Tuesday’s close at $22.03, up over 7% for the day, after a dreadful Monday when shares declined almost 9% after another firm’s downgrade.
Omega Health Investors Inc. (NYSE: OHI): BofA Securities upgraded the stock to Buy from Neutral. Its $36 target price compares with a consensus target of $33.46 and Tuesday’s $33.78 closing share price.
O’Reilly Automotive Inc. (NASDAQ: ORLY): TD Cowen initiated coverage with an Outperform rating and a $1,100 target price. The consensus target is $1,022.71. Tuesday’s final trade was for $918.13 a share.
Popular Inc. (NASDAQ: BPOP): BofA Securities started coverage with a Neutral rating and a $63 target. The consensus target is $78.17. The shares closed on Tuesday at $64.48.
Qorvo Inc. (NASDAQ: QRVO): J.P. Morgan downgraded the stock to Sell from Neutral and slashed the price target to $78 from $116. The consensus target is $114.38 for now. The shares ended Tuesday at $93.26.
Realty Income Corp. (NYSE: O): BofA Securities downgraded the shares to Neutral from Buy and lowered its $67 target price to $52. The consensus target is $67.43. Tuesday’s close was at $50.20.
Rivian Automotive Inc. (NYSE: RIVN): Though UBS upgraded the shares to Buy from Neutral, it also trimmed the target price to $24 from $26. The consensus target is $29.30, and Tuesday’s final trade of $19.64 was a 5% gain for the day, following the upgrade.
Sabra Healthcare REIT Inc. (NASDAQ: SBRA): BofA Securities upgraded the stock to Buy from Neutral, and its $29 target price increased to $32. The consensus target is just $14.04. The stock closed on Tuesday at $14.22.
Starwood Property Trust Inc. (NYSE: STWD): Keefe Bruyette lowered its Outperform rating to Market Perform and its $21 target price to $20. The consensus target is $22.07. Tuesday’s close was at $18.97.
Sun Communities Inc. (NYSE: SUI): Compass Point initiated coverage with a Neutral rating and a $125 target. The consensus target is higher at $146.08. The close on Tuesday was at $113.39.
And More
Six high-yielding S&P 500 stocks make sense for investors concerned about what could be a difficult end to 2023 as the economy sputters and rates stay high.
Tuesday’s top analyst upgrades and downgrades included Airbnb, Amgen, Aramark, Arm, Datadog, Delta Air Lines, Match, Oracle, Patterson-UTI Energy, PayPal, Spotify Technology, Unity Software and Zscaler.
Originally published at 24/7 Wall St.
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