Apple To Rally Around 17%? Here Are 10 Other Analyst Forecasts For Tuesday
Portfolio Pulse from Lisa Levin
Several analyst firms have updated their price targets and ratings for various US-listed companies, including Apple, Adobe, Castle Biosciences, Sprinklr, Dollar General, FedEx, GitLab, KB Home, Ultragenyx Pharmaceutical, SPX Technologies, and Molson Coors Beverage.
June 06, 2023 | 12:57 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Canaccord Genuity cut Castle Biosciences' price target from $60 to $40, maintaining a Buy rating.
The reduced price target by Canaccord Genuity suggests a negative outlook for Castle Biosciences' stock. This could lead to a short-term decrease in the stock price as investors react to the updated target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Wells Fargo cut Dollar General's price target from $178 to $165, maintaining an Equal-Weight rating.
The reduced price target by Wells Fargo suggests a negative outlook for Dollar General's stock. This could lead to a short-term decrease in the stock price as investors react to the updated target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
JP Morgan cut FedEx's price target from $233 to $228, maintaining a Neutral rating.
The reduced price target by JP Morgan suggests a negative outlook for FedEx's stock. This could lead to a short-term decrease in the stock price as investors react to the updated target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Wells Fargo raised Apple's price target from $185 to $210, maintaining an Overweight rating.
The increased price target by Wells Fargo suggests a positive outlook for Apple's stock. This could lead to a short-term increase in the stock price as investors react to the updated target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Barclays increased Adobe's price target from $385 to $485, maintaining an Overweight rating.
The increased price target by Barclays indicates a positive outlook for Adobe's stock. This could lead to a short-term increase in the stock price as investors react to the updated target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Morgan Stanley raised Sprinklr's price target from $14 to $16, maintaining an Equal-Weight rating.
The increased price target by Morgan Stanley suggests a positive outlook for Sprinklr's stock. This could lead to a short-term increase in the stock price as investors react to the updated target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
JP Morgan boosted GitLab's price target from $33 to $39, maintaining a Neutral rating.
The increased price target by JP Morgan suggests a positive outlook for GitLab's stock. This could lead to a short-term increase in the stock price as investors react to the updated target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Goldman Sachs raised KB Home's price target from $44 to $49, maintaining a Buy rating.
The increased price target by Goldman Sachs suggests a positive outlook for KB Home's stock. This could lead to a short-term increase in the stock price as investors react to the updated target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Evercore ISI Group boosted Ultragenyx Pharmaceutical's price target from $60 to $80, upgrading the stock from In-Line to Outperform.
The increased price target and upgraded rating by Evercore ISI Group suggest a positive outlook for Ultragenyx Pharmaceutical's stock. This could lead to a short-term increase in the stock price as investors react to the updated target and rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Oppenheimer increased SPX Technologies' price target from $85 to $92, maintaining an Outperform rating.
The increased price target by Oppenheimer suggests a positive outlook for SPX Technologies' stock. This could lead to a short-term increase in the stock price as investors react to the updated target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
B of A Securities boosted Molson Coors Beverage's price target from $54 to $68, upgrading the stock from Underperform to Neutral.
The increased price target and upgraded rating by B of A Securities suggest a positive outlook for Molson Coors Beverage's stock. This could lead to a short-term increase in the stock price as investors react to the updated target and rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100