General Motors To Rally More Than 122%? Here Are 10 Other Analyst Forecasts For Wednesday
Portfolio Pulse from Lisa Levin
Several companies have had their price targets adjusted by various analysts. Citigroup raised Tesla's price target from $215 to $278 and General Motors' from $85 to $89. B of A Securities increased GitLab's price target from $55 to $60. Raymond James raised Chart Industries' price target from $160 to $175. Atlantic Equities increased Coinbase's price target from $70 to $80. Deutsche Bank raised Broadcom's price target from $870 to $905. Needham increased Salesforce's price target from $230 to $250. JMP Securities raised Carvana's price target from $25 to $50. UBS increased W.W. Grainger's and Netflix's price targets from $815 to $820 and $390 to $525 respectively. Loop Capital raised The TJX Companies' price target from $75 to $95.
July 12, 2023 | 12:06 pm
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POSITIVE IMPACT
Deutsche Bank boosted Broadcom's price target from $870 to $905. Broadcom shares rose 0.8% in pre-market trading.
The increase in Broadcom's price target by Deutsche Bank indicates a positive outlook for the company. This could lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Atlantic Equities raised Coinbase's price target from $70 to $80. Coinbase shares rose 0.4% in pre-market trading.
The increase in Coinbase's price target by Atlantic Equities indicates a positive outlook for the company. This could lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Needham raised Salesforce's price target from $230 to $250. Salesforce shares rose 0.3% in pre-market trading.
The increase in Salesforce's price target by Needham indicates a positive outlook for the company. This could lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
JMP Securities boosted Carvana's price target from $25 to $50. Carvana shares rose 0.1% in pre-market trading.
The increase in Carvana's price target by JMP Securities indicates a positive outlook for the company. This could lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Citigroup increased General Motors' price target from $85 to $89. GM shares rose 0.8% on Tuesday.
The increase in General Motors' price target by Citigroup indicates a positive outlook for the company. This could lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
B of A Securities boosted GitLab's price target from $55 to $60. GitLab shares rose 0.1% in pre-market trading.
The increase in GitLab's price target by B of A Securities indicates a positive outlook for the company. This could lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Loop Capital increased The TJX Companies' price target from $75 to $95. TJX shares gained 1.4% in pre-market trading.
The increase in The TJX Companies' price target by Loop Capital indicates a positive outlook for the company. This could lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Citigroup raised Tesla's price target from $215 to $278. Tesla shares rose 0.7% in pre-market trading.
The increase in Tesla's price target by Citigroup indicates a positive outlook for the company. This could lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Raymond James increased Chart Industries' price target from $160 to $175. Chart Industries shares fell 0.6% in pre-market trading.
Despite the increase in Chart Industries' price target by Raymond James, the shares fell in pre-market trading. This suggests a mixed outlook for the company in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
UBS raised W.W. Grainger's price target from $815 to $820. Grainger shares fell 0.8% in pre-market trading.
Despite the increase in W.W. Grainger's price target by UBS, the shares fell in pre-market trading. This suggests a mixed outlook for the company in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
UBS boosted Netflix's price target from $390 to $525. Netflix shares fell 0.3% on Tuesday.
Despite the increase in Netflix's price target by UBS, the shares fell. This suggests a mixed outlook for the company in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100