Alphabet To Rally Over 10%? Here Are 10 Other Analyst Forecasts For Wednesday
Portfolio Pulse from Lisa Levin
Several analyst forecasts were released for Wednesday, with changes in price targets for multiple companies. Citigroup raised the price target for LyondellBasell Industries from $104 to $106 and upgraded the stock from Neutral to Buy. Piper Sandler lowered B&G Foods' price target from $14 to $8 and downgraded the stock from Neutral to Underweight. Keybanc cut the price target for Invitation Homes from $37 to $35. Telsey Advisory Group slashed the price target for Lowe's Companies from $230 to $225. UBS raised Fluor Corporation's price target from $35 to $47 and upgraded the stock from Neutral to Buy. Jefferies cut Trinseo's price target from $22 to $9 and downgraded the stock from Buy to Hold. BTIG lowered OrthoPediatrics' price target from $59 to $52. Barclays cut PepsiCo's price target from $198 to $179. B of A Securities raised the price target for Alphabet from $142 to $146. JP Morgan cut Meta Platforms' price target from $425 to $400. Bernstein slashed Smith & Nephew's price target from $37 to $33.
October 04, 2023 | 12:12 pm
News sentiment analysis
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NEGATIVE IMPACT
Piper Sandler lowered B&G Foods' price target from $14 to $8 and downgraded the stock from Neutral to Underweight.
The downgrade from Neutral to Underweight and the decrease in price target by Piper Sandler indicates a negative outlook for B&G Foods, which could lead to a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Keybanc cut the price target for Invitation Homes from $37 to $35.
The decrease in price target by Keybanc indicates a negative outlook for Invitation Homes, which could lead to a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
BTIG lowered OrthoPediatrics' price target from $59 to $52.
The decrease in price target by BTIG indicates a negative outlook for OrthoPediatrics, which could lead to a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Telsey Advisory Group slashed the price target for Lowe's Companies from $230 to $225.
The decrease in price target by Telsey Advisory Group indicates a negative outlook for Lowe's Companies, which could lead to a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
JP Morgan cut Meta Platforms' price target from $425 to $400.
The decrease in price target by JP Morgan indicates a negative outlook for Meta Platforms, which could lead to a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Barclays cut PepsiCo's price target from $198 to $179.
The decrease in price target by Barclays indicates a negative outlook for PepsiCo, which could lead to a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Bernstein slashed Smith & Nephew's price target from $37 to $33.
The decrease in price target by Bernstein indicates a negative outlook for Smith & Nephew, which could lead to a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Jefferies cut Trinseo's price target from $22 to $9 and downgraded the stock from Buy to Hold.
The downgrade from Buy to Hold and the decrease in price target by Jefferies indicates a negative outlook for Trinseo, which could lead to a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
UBS raised Fluor Corporation's price target from $35 to $47 and upgraded the stock from Neutral to Buy.
The upgrade from Neutral to Buy and the increase in price target by UBS indicates a positive outlook for Fluor Corporation, which could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
B of A Securities raised the price target for Alphabet from $142 to $146.
The increase in price target by B of A Securities indicates a positive outlook for Alphabet, which could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Citigroup raised the price target for LyondellBasell Industries from $104 to $106 and upgraded the stock from Neutral to Buy.
The upgrade from Neutral to Buy and the increase in price target by Citigroup indicates a positive outlook for LyondellBasell Industries, which could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100