Black Friday was the worst trading session of the year, so far, dating back to October 2020. While concerns of the Omicron variant might have overtaken investors\u2019 fears for a time, the markets saw a handy recovery on Monday. Having the weekend to digest fear and turkey seems to have helped the markets for now. It\u2019s a question now of how quickly can stocks return to all-time highs.<\/p>\n
24\/7 Wall St. is reviewing some big analyst calls seen on Monday. We have included the latest call on each stock, as well as a recent trading history and the consensus targets among analysts. Note that analyst calls seen earlier in the day were on BlackRock, Deere, Dick\u2019s Sporting Goods, Mastercard, Merck and more.<\/p>\n
Allbirds Inc. (NASDAQ: BIRD): Telsey Advisory started coverage with an Outperform rating and a $25 price target. Piper Sandler started with it an Overweight rating and a $26 price target, while BofA Securities started it with a Buy rating and a $23 price target. Shares were trading around $19 on Monday, and a 52-week range is $18.35 to $32.44.<\/p>\n
Canadian Pacific Railway Ltd. (NYSE: CP): Deutsche Bank downgraded the stock to a Hold rating from Buy and lowered the price target to $80 from $81. Shares were last seen near $72 on Monday, and they have a 52-week range of $64.19 to $83.07.<\/p>\n
Hyatt Hotels Corp. (NYSE: H): JPMorgan\u2019s upgrade to Overweight from Neutral included a price target hike to $101 from 90. Shares were trading around $81 on Monday, and the consensus target price is $84.54.<\/p>\n
iBio Inc. (NYSE: IBIO): JMP Securities started coverage with a Market Perform rating and a $1.50 price target. The consensus price target is $3.00, and shares were trading near $1 apiece.<\/p>\n
NerdWallet Inc. (NASDAQ: NRDS): Morgan Stanley started with an Equal Weight rating and a $24 price target. KeyBanc Capital Markets started with an Overweight rating and a $35 price target. Barclays initiated coverage with an Overweight rating and a $29 price target. The 52-week trading range is $21.30 to $34.44, and shares were last seen near $21.<\/p>\n
TJX Companies Inc. (NYSE: TJX): Citigroup upgraded the shares to Buy from Neutral. The 52-week trading range is $61.15 to $76.94, and the share price was near $71.<\/p>\n
Truist Financial Corp. (NYSE: TFC): Stephens upgraded its Equal Weight rating to Overweight and raised its $64 price target to $68. Shares were trading near $61 on Monday, and the consensus price target is $66.91.<\/p>\n
United Parcel Service Inc. (NYSE: UPS): Deutsche Bank\u2019s downgrade to Hold from Buy included a price target cut to $221 from $253. The consensus target is $231.555. The stock was trading on Monday above $204.<\/p>\n
Wells Fargo & Co. (NYSE: WFC): Odeon upgraded the bank to Buy from Hold. Shares were trading near $48, and the 52-week range is $27.28 to $52.57.\n\t\t<\/p>\n
\nFive stay-at-home and pharmaceutical stocks perhaps make sense for investors now, given concerns over the Omicron variant of COVID-19. The stocks are Buy rated and come with solid dividends, and they may be solid ideas as the sellers toss momentum shares overboard.<\/p>\n \t\t\t\t