Silvergate Capital Corp. (NYSE: SI): Morgan Stanley cut its Equal Weight rating to Underweight with a $24 target price. The consensus target is up at $50.55. Monday’s close at $24.24 was down almost 9% for the day on the downgrade.
SolarEdge Technologies Inc. (NASDAQ: SEDG): Cowen reiterated an Outperform rating and lifted its $309 target price to $360. The consensus target is $332.32. The shares ended Monday trading at $314.06
Spire Inc. (NYSE: SR): J.P. Morgan’s downgrade was to Neutral from Overweight. Its $69 target price is less than the $73.33 consensus target. The stock closed Monday at $65.13, down over 5% for the day on no news we could source other than the bad tape.
Stericycle Inc. (NASDAQ: SRCL): Stifel reiterated a Buy rating with a $75 target price. The consensus target is lower at $70, and shares closed on Monday at $52.59.
Terex Corp. (NYSE: TEX): Deutsche Bank’s downgraded was to Hold from Buy. Its $46 target price is in line with the $46.10 consensus target. Monday’s closing print was $44.87.
Titan Machinery Inc. (NASDAQ: TITN): Zacks named this stock as its Bull of the Day. The analyst suggests that heavy equipment sales are ticking up. Shares last closed at $42.00, and the consensus price target of $47.00 would be an all-time high.
United Therapeutics Inc. (NASDAQ: UTHR): Goldman Sachs initiated coverage with a Sell rating and a $230 target price. The consensus target is higher at $284.30. The shares ended Monday at $273.72.
Wabash National Corp. (NYSE: WNC): Vertical Research downgraded the shares from Buy to Hold with a $27 target. The consensus price objective is $22.80. The stock closed on Monday at $25.37.
Warner Music Group Corp. (NYSE: WMG): Goldman Sachs maintained a Buy rating but trimmed its $35 target price to $32. The consensus target is $34.59. The stock closed on Monday at $33.75.
Though many of the top energy stocks have backed up from their summertime highs, crude prices could be poised to spike. Six Buy-rated stocks are among the best values now and offer investors growth potential and big, dependable dividends.
Monday’s early top analyst upgrades and downgrades included Broadcom, Dollar General, DoorDash, FIGS, Lennar, Marvell Technology, PayPal, Permian Resources, UDR, Vipshop and Zscaler. Analyst calls seen later in the day were on Alaska Air, Comcast, Comerica, First Republic Bank, Huntington Bancshares, MGM Resorts International, Murphy Oil, Starbucks and more.
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