NVIDIA To Rally Around 84%? Here Are 10 Other Analyst Forecasts For Thursday
Portfolio Pulse from Lisa Levin
Several analyst forecasts were released for Thursday, with notable changes in price targets for multiple companies. BMO Capital lowered the price target for Target Corporation from $140 to $130, while Citigroup boosted SoFi Technologies' price target from $10 to $12. B of A Securities cut the price target for Wolfspeed, Inc. from $56 to $49, and Baird boosted the price target for Alcon Inc. from $90 to $95. Wells Fargo increased the price targets for The TJX Companies, Inc. and Uber Technologies, Inc. Mizuho cut JD.com, Inc.'s price target from $70 to $60, and Rosenblatt increased NVIDIA Corporation's price target from $600 to $800. Oppenheimer boosted the price target for Workday, Inc. from $240 to $255, and Barclays boosted Performance Food Group Company's price target from $74 to $76. B of A Securities increased Adobe Inc.'s price target from $575 to $630.
August 17, 2023 | 12:49 pm
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NEGATIVE IMPACT
Mizuho cut JD.com, Inc.'s price target from $70 to $60.
The decrease in the price target by Mizuho could potentially lead to a decrease in the stock price of JD.com, Inc. in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
BMO Capital lowered the price target for Target Corporation from $140 to $130.
The lowering of the price target by BMO Capital could potentially lead to a decrease in the stock price of Target Corporation in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
B of A Securities cut the price target for Wolfspeed, Inc. from $56 to $49.
The decrease in the price target by B of A Securities could potentially lead to a decrease in the stock price of Wolfspeed, Inc. in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
B of A Securities increased Adobe Inc.'s price target from $575 to $630.
The increase in the price target by B of A Securities could potentially lead to an increase in the stock price of Adobe Inc. in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Baird boosted the price target for Alcon Inc. from $90 to $95.
The increase in the price target by Baird could potentially lead to an increase in the stock price of Alcon Inc. in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Rosenblatt increased NVIDIA Corporation's price target from $600 to $800.
The increase in the price target by Rosenblatt could potentially lead to an increase in the stock price of NVIDIA Corporation in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Barclays boosted Performance Food Group Company's price target from $74 to $76.
The increase in the price target by Barclays could potentially lead to an increase in the stock price of Performance Food Group Company in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Citigroup boosted SoFi Technologies' price target from $10 to $12.
The increase in the price target by Citigroup could potentially lead to an increase in the stock price of SoFi Technologies in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Wells Fargo increased The TJX Companies, Inc.'s price target from $80 to $88.
The increase in the price target by Wells Fargo could potentially lead to an increase in the stock price of The TJX Companies, Inc. in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Wells Fargo increased Uber Technologies, Inc.'s price target from $53 to $59.
The increase in the price target by Wells Fargo could potentially lead to an increase in the stock price of Uber Technologies, Inc. in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Oppenheimer boosted the price target for Workday, Inc. from $240 to $255.
The increase in the price target by Oppenheimer could potentially lead to an increase in the stock price of Workday, Inc. in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100