Quest Diagnostics Inc. (NYSE: DGX): BofA Securities downgraded the stock to Neutral from Buy and lowered its $166 target price to $148. The consensus target is $149.67. Tuesday’s final trade was for $138.11 a share.
Roper Technologies Inc. (NYSE: ROP): The Underperform rating at Bernstein is now at Market Perform, and its $425 price target increased to $490. The consensus target is higher at $510.07. The shares closed on Tuesday at $460.72.
Shoals Technologies Inc. (NASDAQ: SHLS): Barclays cut its Equal Weight rating to Underweight and its $27 price target to $19. The consensus target is $31.29 for now. Tuesday’s $18.25 close was down over 10% for the day and the downgrade and the weak market.
SoFi Technologies Inc. (NASDAQ: SOFI): As Wedbush downgraded the stock to Neutral from Outperform, it sliced the target price to $5 from $8. The consensus target is $7.79 for now. The stock closed over 10% lower on Tuesday at $4.91 after the downgrade and on the very weak tape.
Teradata Corp. (NYSE: TDC): Northland Capital initiated coverage with an Outperform rating. Its $63 target price is well above the consensus target of $47.95. The stock closed on Tuesday at $40.97.
Victoria’s Secret & Co. (NYSE: VSCO): Barclays cut its Overweight rating to Equal Weight with a $35 target price. The consensus target is $44.78. Tuesday’s close at $29.15.
VSE Corp. (NASDAQ: VSEC): RBC Capital Markets upgraded the shares to Outperform from Sector Perform. It also raised its $50 target price to $55, though the consensus target is up at $57.75. After quarterly earnings and revenue beat estimates, shares closed 24% higher at $53.15 on Tuesday.
Zscaler Inc. (NYSE: ZS): Rosenblatt started coverage with a Buy rating and a $135 target price. The consensus target is $160.50. Tuesday’s close was at $87.00.
Even with interest rates rising and a possible commercial real estate crash coming, four real estate investment trusts still look like good fits for growth and income investors seeking income, a degree of safety and solid upside potential.
Tuesday’s top analyst upgrades and downgrades included Apple, Baidu, Biogen, Comcast, Danaher, Estee Lauder, Exxon Mobil, General Motors, Otis Worldwide, Principal Financial and Zillow.
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