Domino's Pizza To Rally Over 19%? Here Are 10 Other Analyst Forecasts For Wednesday
Portfolio Pulse from Lisa Levin
Several companies have had their price targets adjusted by various analysts. JP Morgan raised the price target for NIO Inc. from $9 to $10.5. RBC Capital increased Domino's Pizza, Inc.'s price target from $440 to $460. UBS boosted the price target for MercadoLibre, Inc. from $1,600 to $1,700. Wedbush increased the price target for Best Buy Co., Inc. from $72 to $82. TD Cowen slashed Ambarella, Inc.'s price target from $90 to $65. Scotiabank boosted UDR, Inc.'s price target from $44 to $45. Raymond James cut Malibu Boats, Inc.'s price target from $74 to $60. Needham boosted Napco Security Technologies, Inc.'s price target from $30 to $32. Keybanc lowered the price target for Box, Inc. from $35 to $33. Piper Sandler cut nCino, Inc.'s price target from $32 to $30. Telsey Advisory Group raised Big Lots, Inc.'s price target from $6 to $8.5.

August 30, 2023 | 1:29 pm
News sentiment analysis
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POSITIVE IMPACT
Wedbush increased the price target for Best Buy Co., Inc. from $72 to $82.
The increase in price target by Wedbush indicates a positive outlook for Best Buy Co., Inc. This could potentially lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Telsey Advisory Group raised Big Lots, Inc.'s price target from $6 to $8.5.
The increase in price target by Telsey Advisory Group indicates a positive outlook for Big Lots, Inc. This could potentially lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
RBC Capital increased Domino's Pizza, Inc.'s price target from $440 to $460.
The increase in price target by RBC Capital indicates a positive outlook for Domino's Pizza, Inc. This could potentially lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
UBS boosted the price target for MercadoLibre, Inc. from $1,600 to $1,700.
The increase in price target by UBS indicates a positive outlook for MercadoLibre, Inc. This could potentially lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
JP Morgan raised the price target for NIO Inc. from $9 to $10.5.
The increase in price target by JP Morgan indicates a positive outlook for NIO Inc. This could potentially lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Needham boosted Napco Security Technologies, Inc.'s price target from $30 to $32.
The increase in price target by Needham indicates a positive outlook for Napco Security Technologies, Inc. This could potentially lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Scotiabank boosted UDR, Inc.'s price target from $44 to $45.
The increase in price target by Scotiabank indicates a positive outlook for UDR, Inc. This could potentially lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
TD Cowen slashed Ambarella, Inc.'s price target from $90 to $65.
The decrease in price target by TD Cowen indicates a negative outlook for Ambarella, Inc. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Keybanc lowered the price target for Box, Inc. from $35 to $33.
The decrease in price target by Keybanc indicates a negative outlook for Box, Inc. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Raymond James cut Malibu Boats, Inc.'s price target from $74 to $60.
The decrease in price target by Raymond James indicates a negative outlook for Malibu Boats, Inc. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Piper Sandler cut nCino, Inc.'s price target from $32 to $30.
The decrease in price target by Piper Sandler indicates a negative outlook for nCino, Inc. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100