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Friday's Top Analyst Upgrades and Downgrades: Alcoa, Blue Apron, Enterprise Products Partners, GSK, Nordstrom, Southwestern Energy, Tesla and More
July 22, 2022 8:47 am
Last Updated: July 22, 2022 8:58 am
PVH Corp. (NYSE: PVH): When Goldman Sachs downgraded the shares to Neutral from Buy, it also chopped the $95 price target to $59. The consensus target is $91.53. Thursday’s close was at $62.54.
Range Resources Corp. (NYSE: RRC): Citigroup resumed coverage with a Neutral rating and a $31 target. The consensus target is $39.86. The final trade on Thursday hit the tape at $30.42.
Revolve Group Inc. (NYSE: RVLV): KeyBanc Capital Markets initiated coverage with an Overweight rating and a $36 price target. The consensus target is up at $51.94. The last trade Thursday was for $29.78 a share.
Southwestern Energy Co. (NYSE: SWN): Citigroup raised its Neutral rating to Buy. Its $8 target price is less than the $10.82 consensus target. The shares closed on Thursday at $6.67.
Stryker Corp. (NYSE: SYK): Deutsche Bank downgraded the medical devices and products giant to Hold from Buy and lowered the $285 price target to $205. The consensus target is $264.86. The shares closed at $200.24 on Thursday.
TeeKay Tankers Ltd. (NYSE: TNK): Jefferies started coverage with a Buy rating and a $25 target price. The consensus target is $21.70. Thursday’s closing trade was reported at $20.00.
Tesla Inc. (NASDAQ: TSLA): Baird reiterated an Outperform rating on the electric vehicle behemoth after the company’s positive earnings report. Yet, the analyst lowered its price target on the shares to $949 from $1,108. That is still well above the $882.87 consensus target and Thursday’s close at $815.12, which was up almost 10% on the day.
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24/7 Wall St.Thursday’s early top analyst upgrades and downgrades included Ally Financial, APA, Caesars Entertainment, Chevron, Danaher, Datadog, EOG Resources, EQT, Harley-Davidson, Las Vegas Sands, Netflix, Pioneer Natural Resources, Rio Tinto, Twilio, VICI Properties and Western Union. Analyst calls seen later in the day were on Compass, Comstock Resources, CSX, DHT, DocuSign, Ford, Palantir Technologies and more.
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