Equitrans Midstream Corp. (NYSE: ETRN): Though Barclays upgraded the shares to Equal Weight from Underweight, it also cut the $11 target to $7. The consensus target is $9.29. Shares closed at $6.75 on Wednesday, up close to 5% for the day.
FS KKR Capital Corp. (NYSE: FSK): Wells Fargo raised its Equal Weight rating on business development company to Underweight and boosted the $19.50 target to $21.50. The consensus target is $22.63. The stock closed Wednesday at $23.12, up almost 4% on the day. Note that the stock pays a huge 10.90% distribution and will go ex-dividend on March 15.
GXO Logistics Inc. (NYSE: GXO): Stifel started coverage with a Buy rating and a $94 price objective. The consensus target is $105. The final trade Wednesday was at $79.16 a share.
Hewlett Packard Enterprise Co. (NYSE: HPE): Bernstein raised the legacy tech company to Outperform from Market Perform and has a $20 target. The consensus target is $17.91. The shares closed on Wednesday at $16.99, up over 10% after posting very solid results.
iQIYI (NASDAQ: IQ): J.P. Morgan upgraded the shares to Overweight from Neutral and raised the $5 target to $8. The consensus target is $8.54. The shares closed at $5.04 on Wednesday.
Johnson & Johnson (NYSE: JNJ): BofA Securities resumed coverage on the health care heavyweight with a Neutral rating and a $185 target price. The consensus target is $186.44. The shares closed on Wednesday at $166.04.
Opendoor Technologies Inc. (NASDAQ: OPEN): BTIG Research upgraded the stock to Buy from Neutral and has a $15 target price. The consensus target is up at $17.50. The last trade on Wednesday was reported at $8.59, up over 4% on the day.
Rivian Automotive Inc. (NASDAQ: RIVN): RBC Capital Markets reiterated a Buy rating on the red-hot electric vehicle newcomer but slashed the $165 target price to $116. The consensus target is $126.57. The closing share price on Wednesday of $53.56 was down a stunning 14% on the day.
Salesforce.com Inc. (NYSE: CRM): Stifel reiterated a Buy rating but cut the target price to $300 from $350. Wedbush kept an Outperform rating and lowered its $315 price objective to $275, while Raymond James maintained a Strong Buy rating and the price target dropped to $300 from $340. The consensus target is $307.56. The shares ended Wednesday at $210.39.
SoFi Technologies Inc. (NASDAQ: SOFI): BofA Securities cut its Buy rating to Neutral with a $14 price target. The consensus target is $17.95. The stock closed on Wednesday at $11.58.
Target Corp. (NYSE: TGT): UBS reiterated a Buy rating on the popular retailer and nudged the $290 target to $295. Truist Securities reiterated a Buy rating but its price target dropped to $261 from $270. RBC Capital Markets kept an Outperform rating and lifted the target price to $294 from $278. The consensus target is $277.74. The shares ended Wednesday at $224.90.
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