MGM Resorts International (NYSE: MGM): Truist Financial raised its $54 target price on the Buy-rated shares to $57. The consensus target is $54.51. The stock closed at $44.59 on Tuesday.
Microsoft Corp. (NASDAQ: MSFT): TD Cowen reiterated an Outperform rating, and the analyst raised the $285 target price to $300. The consensus target is $296.76, and Tuesday’s closing print was $288.37.
M&T Bank Corp. (NYSE: MTB): Argus upgraded the stock from Hold to Buy with a $150 target price, which is less than the consensus target. The stock closed on Tuesday at $125.73.
NexTier Oilfield Solutions Inc. (NYSE: NEX): BofA Securities downgraded the stock from Neutral to Underperform with an $8.50 target price. The consensus target is $14.82. The stock closed on Tuesday at $8.15.
Nike Inc. (NYSE: NKE): Oppenheimer reiterated an Outperform rating, and its $150 target price is well above the $135 consensus target. Tuesday’s last trade was for $126.21 a share.
Okta Inc. (NASDAQ: OKTA): Jefferies maintained a Buy rating with a $105 target price, after raising its revenue estimates for the company. The consensus target is just $93.45. The stock closed on Tuesday at $77.81.
PTC Therapeutics Inc. (NASDAQ: PTCT): The $60 Truist Financial target price on the Buy-rated shares was raised to $65. The consensus target is just $51.21, below Tuesday’s close at $52.96.
Royal Gold Inc. (NASDAQ: RGLD): Zacks selected this precious metals royalties firm as its Bull of the Day stock, citing the bullishness of analysts. Shares last closed at $139.47, which is almost a 24% gain since the beginning of the year.
Universal Display Corp. (NASDAQ: OLED): Oppenheimer reiterated an Outperform rating. Its $160 target price increased to $180, even higher than the $153.38 consensus target. The shares closed on Tuesday at $143.30.
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Tuesday’s top analyst upgrades and downgrades included Boston Scientific, General Motors, JPMorgan Chase, Match, Moderna, Okta, Palo Alto Networks, Snap, Uber Technologies and Wells Fargo.
Originally published at 24/7 Wall St.
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