Mastercard Inc. (NYSE: MA): Daiwa Securities raised its Neutral rating to Outperform with a $402 price target. The higher $426.47 consensus also compares with Monday’s last print of $363.30.
MGM Resorts International (NYSE: MGM): JPMorgan’s upgrade to Overweight from Neutral included a price target hike to $47. The consensus target is $44.20, and the shares ended trading on Monday at $38.75.
Palo Alto Networks Inc. (NASDAQ: PANW): Raymond James upgraded the cybersecurity leader to Outperform from Market Perform, and it has a $400 price target. The consensus price objective is up at $446.65, and the stock closed Monday at $335.80.
Pool Corp. (NASDAQ: POOL): Goldman Sachs started coverage with a Buy rating and a $535 price target. The consensus price objective just $441.71, and the shares closed Monday at $435.67.
Snowflake Inc. (NASDAQ: SNOW): Rosenblatt raised its rating to Buy from Neutral and has a $285 price target. The consensus price objective is set higher at $296.77. Monday’s final trade was posted at $212.65.
Surface Oncology Inc. (NASDAQ: SURF): BTIG Research started coverage with a Buy rating and a $17 price target. The consensus target is $16.25, and the stock ended trading Monday at $8.46.
Visa Inc. (NYSE: V): Daiwa Securities raised the shares to Outperform from Neutral and has a $259 price target. The consensus target is set higher at $264.39, and the final Monday trade came in at $226.44 a share.
Stocks of four technology giants are for various reasons down big this year but may be poised to have a very solid second half of 2021 as supply chain issues are resolved and overall economic conditions trend back to normal.
Monday’s early top analyst upgrades and downgrades included Foot Locker, Halozyme Therapeutics, Kimberley-Clark, Occidental Petroleum, Texas Roadhouse, Trip.com and Williams Companies. Analyst calls seen later in the day were on Children’s Place, Discovery, NextEra Energy, Walt Disney and more.