Kellogg To Rally Around 27%? Here Are 10 Other Analyst Forecasts For Tuesday
Portfolio Pulse from Lisa Levin
Analysts have updated their price targets and ratings for several US-listed companies, including Installed Building Products, Avalo Therapeutics, Equinix, ALLETE, Integra Resources, FactSet Research Systems, Olin Corporation, Guidewire Software, Kellogg Company, Alibaba Group Holding, and ZIM Integrated Shipping Services.
June 27, 2023 | 12:32 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
B of A Securities slashed ALLETE's price target from $63 to $54 and downgraded the stock from Neutral to Underperform.
The price target cut and downgrade for ALLETE indicate a negative outlook for the stock. This is likely to have a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
NEGATIVE IMPACT
RBC Capital cut the price target for Avalo Therapeutics from $9 to $0.75 and downgraded the stock from Outperform to Sector Perform.
The significant price target cut and downgrade for Avalo Therapeutics indicate a negative outlook for the stock. This is likely to have a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Bernstein lowered Alibaba Group Holding's price target from $130 to $98 and downgraded the stock from Outperform to Market Perform.
The price target cut and downgrade for Alibaba Group Holding indicate a less optimistic outlook for the stock. This is likely to have a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Truist Securities slashed the price target for Equinix from $870 to $815 and downgraded the stock from Buy to Hold.
The price target cut and downgrade for Equinix suggest a less optimistic outlook for the stock. This is likely to have a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
NEGATIVE IMPACT
HC Wainwright & Co. lowered Integra Resources' price target from $6.5 to $3.25, maintaining a Buy rating.
The price target cut for Integra Resources suggests a less optimistic outlook, but the Buy rating indicates that the stock is still expected to outperform the market. This may result in a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100
NEGATIVE IMPACT
UBS slashed Olin Corporation's price target from $68 to $53 and downgraded the stock from Buy to Neutral.
The price target cut and downgrade for Olin Corporation suggest a less optimistic outlook for the stock. This is likely to have a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
NEGATIVE IMPACT
Jefferies cut ZIM Integrated Shipping Services' price target from $16 to $13, maintaining a Hold rating.
The price target cut for ZIM Integrated Shipping Services suggests a less optimistic outlook, but the Hold rating indicates that the stock is expected to perform in line with the market. This may result in a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100
NEUTRAL IMPACT
Barclays cut FactSet Research Systems' price target from $520 to $480, maintaining an Overweight rating.
The price target cut for FactSet Research Systems suggests a less optimistic outlook, but the Overweight rating indicates that the stock is still expected to outperform the market. This may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100
NEUTRAL IMPACT
Stephens & Co. raised the price target for Installed Building Products from $132 to $140, maintaining an Equal-Weight rating.
The price target increase for Installed Building Products suggests a positive outlook, but the Equal-Weight rating indicates that the stock is expected to perform in line with the market. This may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100
POSITIVE IMPACT
Stifel raised the price target for Guidewire Software from $75 to $85 and upgraded the stock from Hold to Buy.
The price target increase and upgrade for Guidewire Software suggest a positive outlook for the stock. This is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
POSITIVE IMPACT
Goldman Sachs increased Kellogg Company's price target from $78 to $83 and upgraded the stock from Neutral to Buy.
The price target increase and upgrade for Kellogg Company suggest a positive outlook for the stock. This is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100