United Airlines To Rally Over 30%? Here Are 10 Top Analyst Forecasts For Tuesday
Portfolio Pulse from Avi Kapoor
Analysts at top financial institutions have updated their price targets and ratings for several US-listed companies. B of A Securities downgraded JetBlue Airways (JBLU) and cut its price target, while Goldman Sachs downgraded loanDepot (LDI) but raised its target. Evercore ISI Group downgraded W. R. Berkley (WRB) with a higher target. Jefferies downgraded Raymond James Financial (RJF) but increased its target. B of A Securities upgraded United Airlines (UAL) with a significant target increase. Deutsche Bank upgraded JPMorgan Chase (JPM) with a higher target. Morgan Stanley downgraded CyberArk Software (CYBR) but raised its target. Redburn Atlantic upgraded Exxon Mobil (XOM) with a higher target. Keybanc lowered FMC Corporation's (FMC) target but maintained a positive rating. Telsey Advisory Group slightly cut Five Below's (FIVE) target but kept a positive outlook.
January 09, 2024 | 1:06 pm
News sentiment analysis
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POSITIVE IMPACT
Deutsche Bank upgraded JPMorgan Chase to Buy and raised the price target from $140 to $190.
The upgrade to Buy and increased price target by Deutsche Bank suggest optimism about JPM's prospects, which could positively influence the stock in the short term.
CONFIDENCE 85
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
B of A Securities upgraded United Airlines to Buy and significantly increased the price target from $40 to $56.
The upgrade to Buy and a substantial price target increase indicate a strong positive sentiment from B of A Securities, likely leading to a positive short-term impact on UAL's stock.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Redburn Atlantic upgraded Exxon Mobil to Buy and increased the price target from $116 to $119.
The upgrade to Buy and a slight price target increase by Redburn Atlantic are likely to have a positive short-term impact on XOM's stock.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEUTRAL IMPACT
Morgan Stanley downgraded CyberArk Software to Equal-Weight but raised the price target from $195 to $240.
The increase in price target could balance out the negative impact of the downgrade, possibly resulting in a neutral short-term impact on CYBR's stock.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Telsey Advisory Group slightly cut Five Below's price target from $235 to $230 but maintained an Outperform rating.
The minor price target cut is offset by the continued positive rating, indicating a neutral short-term impact on FIVE's stock.
CONFIDENCE 75
IMPORTANCE 65
RELEVANCE 70
NEUTRAL IMPACT
Keybanc lowered FMC Corporation's price target from $83 to $80 but maintained an Overweight rating.
The slight decrease in price target is not drastic, and the maintained Overweight rating suggests a neutral short-term impact on FMC's stock.
CONFIDENCE 75
IMPORTANCE 65
RELEVANCE 70
NEUTRAL IMPACT
Jefferies downgraded Raymond James Financial to Hold but increased the price target from $112 to $117.
The upgrade in price target may offset the negative sentiment from the downgrade, potentially leading to a neutral short-term impact on RJF.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Evercore ISI Group downgraded W. R. Berkley to In-Line but raised the price target from $69 to $79.
The mixed message of a downgrade but increased price target may lead to neutral short-term impact on WRB's stock.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
B of A Securities downgraded JetBlue Airways to Underperform and cut its price target from $6 to $3.
The downgrade and significant price target cut by B of A Securities suggest a bearish outlook for JBLU, likely leading to a negative short-term impact on the stock.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Goldman Sachs downgraded loanDepot to Sell but increased the price target from $1.75 to $3.
Despite the price target increase, the downgrade to Sell by Goldman Sachs could negatively affect LDI's stock in the short term.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80