Palo Alto Networks To Rally Over 21%? Here Are 10 Top Analyst Forecasts For Friday
Portfolio Pulse from Lisa Levin
Several Wall Street analysts have updated their outlooks on various stocks. Citigroup cut Domino's Pizza's price target from $398 to $396, while Needham lowered the price target for International Money Express from $27 to $21. Canaccord Genuity slashed InMode's price target from $55 to $22, and Macquarie cut JD.com's price target from $52 to $32. Barclays slashed Fortinet's price target from $71 to $63. Morgan Stanley increased MorphoSys's price target from $3.7 to $9.2, and Roth MKM raised Hecla Mining's price target from $4 to $4.4. Keybanc increased Palo Alto Networks' price target from $300 to $315 and Alphabet's from $145 to $155. Piper Sandler raised Duolingo's price target from $170 to $191.
October 13, 2023 | 12:05 pm
News sentiment analysis
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POSITIVE IMPACT
Piper Sandler raised Duolingo's price target from $170 to $191.
The increase in price target by Piper Sandler could lead to a positive sentiment among investors, potentially causing the stock price to increase in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Keybanc boosted Alphabet's price target from $145 to $155.
The increase in price target by Keybanc could lead to a positive sentiment among investors, potentially causing the stock price to increase in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Roth MKM raised Hecla Mining's price target from $4 to $4.4.
The increase in price target by Roth MKM could lead to a positive sentiment among investors, potentially causing the stock price to increase in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Morgan Stanley increased MorphoSys's price target from $3.7 to $9.2.
The increase in price target by Morgan Stanley could lead to a positive sentiment among investors, potentially causing the stock price to increase in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Keybanc increased Palo Alto Networks' price target from $300 to $315.
The increase in price target by Keybanc could lead to a positive sentiment among investors, potentially causing the stock price to increase in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Citigroup cut Domino's Pizza's price target from $398 to $396.
The reduction in price target by Citigroup could lead to a negative sentiment among investors, potentially causing the stock price to decrease in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Barclays slashed Fortinet's price target from $71 to $63.
The reduction in price target by Barclays could lead to a negative sentiment among investors, potentially causing the stock price to decrease in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Needham lowered the price target for International Money Express from $27 to $21.
The reduction in price target by Needham could lead to a negative sentiment among investors, potentially causing the stock price to decrease in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Canaccord Genuity slashed InMode's price target from $55 to $22.
The significant reduction in price target by Canaccord Genuity could lead to a strong negative sentiment among investors, potentially causing the stock price to decrease in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Macquarie cut JD.com's price target from $52 to $32.
The reduction in price target by Macquarie could lead to a negative sentiment among investors, potentially causing the stock price to decrease in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100