Jinko Solar Holding Co. Ltd. (NYSE: JKS): Goldman Sachs lowered its $38 target price on the Sell-rated shares to $33. The consensus target is $58.57. Shares closed at $34.57 on Tuesday.
J.M. Smucker Co. (NYSE: SJM): BofA Securities reiterated a Buy rating with a $170 target price. The consensus target is $151.33. The stock closed on Tuesday at $144.61.
Navitas Semiconductor Corp. (NASDAQ: NVTS): BofA Securities trimmed its $11 target price to $10 while keeping a Neutral rating. The consensus target is $10.38. Tuesday’s close at $9.01 up almost 5% for the day after a beat and raise quarter was posted.
Nvidia Corp. (NASDAQ: NVDA): Wells Fargo lifted its $450 target price to $500 while reiterating an Overweight rating. The consensus target is $501.83, and shares closed on Tuesday at $439.40.
Palo Alto Networks Inc. (NASDAQ: PANW): Stifel reiterated a Buy rating with a $240 target price. The consensus target is $252.90. The stock closed at $215.66 on Tuesday.
Paylocity Holding Corp. (NASDAQ: PCTY): Truist Financial reiterated a Buy rating with a $250 target price. That compares with the $255.24 consensus target and Tuesday’s closing share price of $194.81.
PayPal Holdings Inc. (NASDAQ: PYPL): Citigroup reiterated a Buy rating with a $100 target price. The lower $86.06 consensus target is still well above Tuesday’s closing print of $59.47.
Quicklogic Corp. (NASDAQ: QUIK): Oppenheimer reiterated an Outperform rating on the shares. Its $10 target price is lower than the consensus target of $15.50. The stock closed over 13% higher on Tuesday at $8.57 after the semiconductor company posted solid results and said profitability is on the way.
Savers Value Village Inc. (NYSE: SVV): Jefferies reiterated a Buy rating with a $30 target price. The consensus target is $28.88. The last trade on Tuesday was reported at $25.08.
Synopsis Inc. (NASDAQ: SNPS): Stifel reiterated a Buy rating and its price target is $445. The consensus target is $465.99. The stock closed on Tuesday at $436.74.
TJX Companies Inc. (NYSE: TJX): Barclays reiterated an Overweight rating and raised its $95 target price to $101. The consensus target is $93.23. The close on Tuesday was at $85.77 a share.
Uber Technologies Inc. (NYSE: UBER): Zacks makes the case that the valuation levels of its Bull of the Day stock look enticing. Shares last closed at $44.08, and its $56.17 consensus price target would be a 52-week high.
Workday Inc. (NYSE: WDAY): Jefferies maintained a Buy rating with a $275 target price. This compares with the $235.41 consensus target and Tuesday’s final print of $230.49.
Five so-called sin stocks pay solid and reliable dividends and should hold up well even in a protracted bear market due to strong demand. They look like outstanding picks for investors concerned about a possible market correction.
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Tuesday’s top analyst upgrades and downgrades included Amgen, CF Industries, Coterra Energy, CymaBay Therapeutics, Eaton, Marriott, Monster Beverage, Mosaic, Nutrien, Public Service Enterprise, Urban Outfitters and Wayfair.
Originally published at 24/7 Wall St.
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