Rivian Automotive Inc. (NASDAQ: RIVN): Baird maintained an Outperform rating on the fast-growing electric vehicle maker’s shares and has an $84 price objective. The consensus target is higher at $87.69. Wednesday’s $40.10 close was down almost 5% for the day.
Sage Therapeutics Inc. (NASDAQ: SAGE): Oppenheimer maintained an Outperform rating on the stock and has a $74 target price. The consensus target is just $61.90. The last trade Wednesday was for $37.49 a share.
Stanley Black & Decker Inc. (NYSE: SWK): Goldman Sachs maintained a Neutral rating on the popular power tool company and lowered the $184 target price to $160. The consensus target is up at $206.92. The stock closed on Wednesday at $139.75.
Trane Technologies PLC (NYSE: TT): Goldman Sachs cut the price target to $157 from $180 and kept a Neutral rating. Shares close at $151.99 on Wednesday, in a 52-week range of $142.53 to $207.06.
Xenia Hotels & Resorts Inc. (NYSE: XHR): Luxury travel is red hot in 2022, says Zacks, which named this real estate investment trust as its Bull of the Day stock. Shares last closed at $18.40, and the consensus target price of $21.33 would be a 52-week high.
Yeti Holdings Inc. (NYSE: YETI): Though Berenberg upgraded the popular cooler giant to Buy from Hold, it lowered the $103 target price to $92. The consensus target is $91.82. The shares closed Wednesday at $54.96, which was down almost 8% on the day. They reclaimed over 4% in the premarket session.
Zeta Global Holding Corp. (NYSE: ZETA): Oppenheimer started coverage with a Perform rating and a $20 target price. The consensus target is just $13.50. The shares were last seen on Wednesday at $12.10, but the stock was up almost 4% in premarket action.
Seven Goldman Sachs Conviction List top stock ideas come with reliable dividends and offer a degree of safety in a volatile climate on Wall Street. These top companies can weather the potential storms better than most.
See what Bank of America analysts expect from automobile-related stocks.
Wednesday’s early top analyst upgrades and downgrades included Block, Boeing, Cemex, Constellation Brands, FirstEnergy, Freeport-McMoRan, GoodRx, Hasbro, Kosmos Energy, PayPal, Shopify, Starbucks, Toast and Williams-Sonoma. Analyst calls seen later in the day were on AbbVie, Bristol-Myers, JetBlue and more.
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.