Meta Platforms To Rally Around 30%? Here Are 10 Other Analyst Forecasts For Monday
Portfolio Pulse from Lisa Levin
Analysts have updated their price targets and ratings for several US-listed companies, including Equity Residential, Blueprint Medicines, Disney, Intuitive Surgical, Citigroup, Spotify, Global Payments, Apple, Meta Platforms, Broadcom, and MongoDB.
June 05, 2023 | 11:59 am
News sentiment analysis
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NEGATIVE IMPACT
SVB Leerink downgraded Blueprint Medicines from Market Perform to Underperform and cut its price target from $48 to $43.
The downgrade from Market Perform to Underperform and the decrease in price target by SVB Leerink indicate a negative outlook for Blueprint Medicines. This could lead to a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Wells Fargo maintained an Equal-Weight rating for Broadcom and raised its price target from $600 to $800.
Although Wells Fargo raised the price target for Broadcom, it maintained an Equal-Weight rating, indicating a mixed outlook. This could result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Morgan Stanley maintained an Overweight rating for Disney but cut its price target from $120 to $110.
Although Morgan Stanley cut the price target for Disney, it maintained an Overweight rating, indicating a mixed outlook. This could result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Susquehanna maintained a Positive rating for Global Payments but cut its price target from $190 to $180.
Although Susquehanna cut the price target for Global Payments, it maintained a Positive rating, indicating a mixed outlook. This could result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Evercore ISI Group maintained an Outperform rating for Apple and raised its price target from $190 to $210.
The maintained Outperform rating and increased price target by Evercore ISI Group indicate a positive outlook for Apple. This could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
B of A Securities maintained a Buy rating for Citigroup and raised its price target from $58 to $60.
The maintained Buy rating and increased price target by B of A Securities indicate a positive outlook for Citigroup. This could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
BMO Capital upgraded Equity Residential from Underperform to Market Perform and raised its price target from $60 to $64.
The upgrade from Underperform to Market Perform and the increase in price target by BMO Capital indicate a positive outlook for Equity Residential. This could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
BTIG maintained a Buy rating for Intuitive Surgical and increased its price target from $313 to $326.
The maintained Buy rating and increased price target by BTIG indicate a positive outlook for Intuitive Surgical. This could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Bernstein maintained an Outperform rating for MongoDB and raised its price target from $257 to $424.
The maintained Outperform rating and increased price target by Bernstein indicate a positive outlook for MongoDB. This could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Oppenheimer maintained an Outperform rating for Meta Platforms and raised its price target from $285 to $350.
The maintained Outperform rating and increased price target by Oppenheimer indicate a positive outlook for Meta Platforms. This could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Baird maintained an Outperform rating for Spotify and raised its price target from $160 to $175.
The maintained Outperform rating and increased price target by Baird indicate a positive outlook for Spotify. This could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100