Investing
Thursday's Top Analyst Upgrades and Downgrades: Adobe, Carnival, Hyatt Hotels, Nio, Nvidia, RealReal, Starbucks, Tyson Foods, Vertex Pharmaceuticals and More
March 24, 2022 8:46 am
Last Updated: July 5, 2022 7:43 am
Rattler Midstream L.P. (NASDAQ: RTLR): Goldman Sachs reiterated a Neutral rating with a $12.50 price target. The consensus target is $13.50. The stock rose over 6% Wednesday on strong oil price gains, closing at $14.27.
RealReal Inc. (NASDAQ: REAL): Baird reiterated an Outperform rating with a $13 price objective. The consensus target is $15.07. Wednesday’s close at $7.98 was down close to 4% for the day.
Spectrum Brands Inc. (NYSE: SPB): Oppenheimer reiterated an Outperform rating and has a $125 price objective. The consensus target is $124.57. The final trade for Wednesday was reported at $89.17.
Starbucks Corp. (NASDAQ: SBUX): Jefferies reiterated a Buy rating on the ubiquitous coffee retailer, and its $130 price target compares with a consensus figure of $113.55. The analysts cited the massive 25% decline this year and noted the outstanding entry point for investors looking to own the stock. The shares closed on Wednesday at $86.22.
Tyson Foods Inc. (NYSE: TSN): Zacks has picked this stock as its Bull of the Day. The analyst makes a case that strong earnings and bullish guidance make for a winning combination. Shares last closed at $85.73, and the consensus price target of $100.91 would be a 52-week high.
Vail Resorts Inc. (NYSE: MTN): Stifel raised the $262 price target to $274, while keeping its Neutral rating. The consensus target is up at $309.40 The last trade on Wednesday hit the tape at $255.42, after retreating 3% for the day.
Vertex Pharmaceuticals Inc. (NASDAQ: VRTX): Baird maintained an Outperform rating. However, its $240 target price is lower than the $273.14 consensus and Wednesday’s final print of $248.13.
With the first quarter about to end, many investors are reviewing their portfolios and making changes. Five Jefferies Franchise List picks make sense for growth and income investors looking to shift to a safer profile for the rest of what could be a very turbulent year.
Wednesday’s early top analyst upgrades and downgrades included AES, American Express, Baker Hughes, BorgWarner, Coupang, CyrusOne, Duke Energy, Nike, Okta, Plains All-American Pipeline, Public Service Enterprise and Schlumberger. Analyst calls seen later in the day were on Booking, BP, Block, T-Mobile and more.
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