Disney To Rally Around 10%? Here Are 10 Top Analyst Forecasts For Monday
Portfolio Pulse from Avi Kapoor
Wall Street analysts have updated their price targets and ratings for several companies, including notable changes for CervoMed, Transocean, Sealed Air, Perrigo, Simply Good Foods, Shockwave Medical, Disney, BJ's Wholesale, Douglas Dynamics, and Huntington Bancshares. These adjustments reflect analysts' latest views on these stocks, with various upgrades, downgrades, and price target changes.
April 08, 2024 | 12:00 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Baird downgraded Douglas Dynamics from Outperform to Neutral, cutting the price target from $36 to $25. Shares gained 0.2%.
The downgrade and significant cut in price target for Douglas Dynamics suggest a bearish outlook, potentially leading to negative short-term price movement despite the slight gain.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90
NEUTRAL IMPACT
Mizuho lowered Simply Good Foods' price target from $50 to $40, maintaining a Buy rating. Shares fell 1.6%.
The decrease in price target with a maintained Buy rating presents a mixed outlook, likely resulting in neutral short-term price movement.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
NEUTRAL IMPACT
Morgan Stanley raised Shockwave Medical's price target from $285 to $335 but downgraded to Equal-Weight. Shares gained 2%.
The raised price target suggests a positive view, but the downgrade to Equal-Weight indicates a cautious stance, likely leading to mixed short-term price effects.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Goldman Sachs upgraded BJ's Wholesale to Buy from Neutral, raising the price target from $81 to $87. Shares slightly down by 0.2%.
The upgrade to Buy and the increased price target indicate a bullish outlook for BJ's Wholesale, suggesting potential for short-term price appreciation.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90
POSITIVE IMPACT
Canaccord Genuity raised CervoMed's price target from $50 to $65, maintaining a Buy rating. Shares fell 5.3% to close at $20.50.
The significant increase in price target by Canaccord Genuity suggests a strong bullish outlook for CervoMed, potentially leading to positive short-term price movement despite the recent dip.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Evercore ISI Group raised Disney's price target from $115 to $130, maintaining an Outperform rating. Shares rose 1.1%.
The increase in Disney's price target and the maintained Outperform rating suggest strong confidence in the stock, likely leading to further short-term gains.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
B of A Securities upgraded Huntington Bancshares from Neutral to Buy, raising the price target from $14 to $16. Shares climbed 0.6%.
The upgrade to Buy and the increased price target suggest a positive outlook for Huntington Bancshares, indicating potential for short-term price growth.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90
POSITIVE IMPACT
Piper Sandler raised Perrigo's price target from $35 to $39, maintaining an Overweight rating. Shares slightly down by 0.2%.
The raised price target and maintained Overweight rating indicate a positive view on Perrigo, suggesting potential for short-term price growth.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
Susquehanna upgraded Transocean from Neutral to Positive, raising the price target from $5.5 to $9. Shares slightly down by 0.2%.
The upgrade to Positive and the raised price target indicate a bullish outlook for Transocean, suggesting potential for short-term price appreciation.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90
POSITIVE IMPACT
Truist Securities upgraded Sealed Air to Buy from Hold, raising the price target from $39 to $44. Shares fell 1.7%.
The upgrade and increased price target for Sealed Air suggest a positive outlook, which could lead to short-term price recovery despite the recent drop.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90