Investing
Thursday's Top Analyst Upgrades and Downgrades: Ally Financial, Chevron, Harley-Davidson, Las Vegas Sands, Netflix, Rio Tinto, Twilio, Western Union and More
July 21, 2022 8:54 am
Last Updated: July 21, 2022 9:04 am
Pioneer Natural Resources Co. (NYSE: PXD): MKM Partners resumed coverage of the Permian Basin energy giant with a Buy rating and a $264 price target. The consensus target is $296.53. The last trade for Wednesday was recorded at $216.84.
Rio Tinto Group (NYSE: RIO): Zacks selected this as its Bear of the Day stock, with the analyst pondering whether the mining giant’s best days are behind it. Shares have traded as high as $89.51 in the past year but closed most recently at $57.30. That is down more than 24% in the past six months.
Sealed Air Corp. (NYSE: SEE): Credit Suisse’s downgrade was from Outperform to Neutral with a $64 target price. The consensus target is $73.46., and shares ended trading on Wednesday at $57.62.
Twilio Inc. (NYSE: TWLO): Bernstein started coverage with a Market Perform rating and a $91 price objective. The consensus target is up at $191.46. The stock closed almost 5% higher on Wednesday at $93.44.
VICI Properties Inc. (NYSE: VICI): Evercore ISI resumed coverage of the gaming REIT giant with a $37 target price. The consensus target is $35.50. The last trade Wednesday came in at $33.00.
Vital Farms Inc. (NASDAQ: VITL): Morgan Stanley upgraded the stock to Overweight from Equal Weight and has a $12 target price. The consensus target is $17.93. The shares closed over 16% higher on Wednesday at $10.53, likely due to the upgrade.
Western Union Co. (NYSE: WU): Wolfe Research downgraded the stock to Underperform from Peer Perform and trimmed the $20 target price to $17. The stock closed at $16.76 on Wednesday.
Wolverine World Wide Inc. (NYSE: WWW): Stifel’s downgraded to Hold from Buy included a price target cut to $23 from $26. The consensus target is $27.75. The shares closed on Wednesday at $22.59.
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