Roblox To Rally Over 30%? Here Are 10 Top Analyst Forecasts For Thursday
Portfolio Pulse from Lisa Levin
Top Wall Street analysts have updated their outlooks on several stocks. The Middleby Corporation's price target was cut from $160 to $152 by Keybanc, while Kornit Digital Ltd.'s target was reduced from $31 to $27 by Needham. Duolingo, Inc.'s price target was increased from $191 to $217 by Piper Sandler, and Parker-Hannifin Corporation's target was boosted from $462 to $506 by Deutsche Bank. James River Group Holdings, Ltd.'s target was slashed from $22 to $14 by Keefe, Bruyette & Woods, while Roblox Corporation's target was increased from $40 to $51 by Needham. ContextLogic Inc.'s target was boosted from $5 to $5.5 by Citigroup, and Installed Building Products, Inc.'s target was increased from $150 to $165 by Evercore ISI Group. Triumph Group, Inc.'s target was raised from $10 to $14 by TD Cowen, and Traeger, Inc.'s target was cut from $6.5 to $5 by Telsey Advisory Group.
November 09, 2023 | 12:52 pm
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POSITIVE IMPACT
Piper Sandler increased Duolingo, Inc.'s price target from $191 to $217.
An increase in price target usually indicates a potential upside for the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Evercore ISI Group increased Installed Building Products, Inc.'s price target from $150 to $165.
An increase in price target usually indicates a potential upside for the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Deutsche Bank boosted Parker-Hannifin Corporation's price target from $462 to $506.
An increase in price target usually indicates a potential upside for the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Needham increased Roblox Corporation's price target from $40 to $51.
An increase in price target usually indicates a potential upside for the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
TD Cowen raised Triumph Group, Inc.'s price target from $10 to $14.
An increase in price target usually indicates a potential upside for the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Citigroup boosted ContextLogic Inc.'s price target from $5 to $5.5.
An increase in price target usually indicates a potential upside for the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Telsey Advisory Group cut Traeger, Inc.'s price target from $6.5 to $5.
A decrease in price target usually indicates a potential downside for the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Keefe, Bruyette & Woods slashed James River Group Holdings, Ltd.'s price target from $22 to $14.
A decrease in price target usually indicates a potential downside for the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Needham cut Kornit Digital Ltd.'s price target from $31 to $27.
A decrease in price target usually indicates a potential downside for the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Keybanc cut The Middleby Corporation's price target from $160 to $152.
A decrease in price target usually indicates a potential downside for the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100