AMD To Rally Around 16%? Here Are 10 Other Analyst Forecasts For Wednesday
Portfolio Pulse from Lisa Levin
Several analyst forecasts were released on Wednesday, with price target changes for Pinterest, Uber, SolarEdge, Electronic Arts, Global Payments, e.l.f. Beauty, Home Depot, Marriott, SAP, Starbucks, and AMD. Most of the stocks saw a decrease in pre-market trading, except for AMD which rose by 2.8%.
August 04, 2023 | 11:12 am
News sentiment analysis
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NEGATIVE IMPACT
Benchmark slashed the price target for Electronic Arts from $159 to $153 and maintained a Buy rating. Electronic Arts shares fell 4.6% in pre-market trading.
The price target decrease by Benchmark indicates a negative outlook for Electronic Arts, which is reflected in the pre-market trading decrease.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Wedbush slashed Starbucks' price target from $112 to $105 and maintained a Neutral rating. Starbucks shares fell 1% in pre-market trading.
The price target decrease by Wedbush indicates a negative outlook for Starbucks, which is reflected in the pre-market trading decrease.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Oppenheimer cut the price target for SolarEdge from $400 to $314 and maintained an Outperform rating. SolarEdge shares fell 13% in pre-market trading.
The price target decrease by Oppenheimer indicates a negative outlook for SolarEdge, which is reflected in the pre-market trading decrease.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Citigroup boosted AMD's price target from $120 to $136 and upgraded the stock from Neutral to Buy. AMD shares rose 2.8% on Tuesday.
The upgrade and price target increase by Citigroup indicates a positive outlook for AMD, which is reflected in the share price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Raymond James increased e.l.f. Beauty's price target from $125 to $145 and maintained an Outperform rating. e.l.f. Beauty shares fell 0.2% on Tuesday.
The price target increase by Raymond James indicates a positive outlook for e.l.f. Beauty, despite the slight decrease in shares.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Mizuho raised Global Payments' price target from $100 to $123 and maintained a Neutral rating. Global Payments shares fell 2.3% in pre-market trading.
The price target increase by Mizuho indicates a positive outlook for Global Payments, despite the pre-market trading decrease.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Citigroup raised Home Depot's price target from $327 to $375 and maintained a Buy rating. Home Depot shares fell 0.5% in pre-market trading.
The price target increase by Citigroup indicates a positive outlook for Home Depot, despite the pre-market trading decrease.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Baird boosted Marriott's price target from $198 to $220 and maintained a Neutral rating. Marriott shares fell 0.7% in pre-market trading.
The price target increase by Baird indicates a positive outlook for Marriott, despite the pre-market trading decrease.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Rosenblatt raised the price target for Pinterest from $27 to $35 and upgraded the stock from Neutral to Buy. Pinterest shares fell 3.4% in pre-market trading.
The upgrade and price target increase by Rosenblatt indicates a positive outlook for Pinterest, despite the pre-market trading decrease.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Bernstein boosted SAP's price target from $169 to $176 and maintained an Outperform rating. SAP shares fell 0.8% in pre-market trading.
The price target increase by Bernstein indicates a positive outlook for SAP, despite the pre-market trading decrease.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Goldman Sachs raised Uber's price target from $48 to $57 and maintained a Buy rating. Uber shares fell 1.7% in pre-market trading.
The price target increase by Goldman Sachs indicates a positive outlook for Uber, despite the pre-market trading decrease.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100