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.
After years of buzz, artificial intelligence finally is gaining traction, and, as with any innovation, mega-cap tech giants are likely to benefit first. Five Goldman Sachs AI stock picks offer investors a chance to ride the wave.
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.
Sponsored: Tips for Investing
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
