Amazon To Rally Over 37%? Here Are 10 Top Analyst Forecasts For Tuesday
Portfolio Pulse from Avi Kapoor
Top Wall Street analysts have updated their price targets and ratings for several US-listed companies, including notable changes for Impinj, Intel, Chewy, Vertex, Marriott International, Amazon, Simpson Manufacturing, Church & Dwight, Zions Bancorporation, and Roblox. These adjustments reflect the analysts' latest views on these stocks, with implications for their short-term price movements.
April 23, 2024 | 12:37 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Piper Sandler reduced Chewy's price target from $19 to $16, maintaining a Neutral rating.
The decrease in Chewy's price target could suggest a bearish sentiment from Piper Sandler, potentially leading to a negative short-term impact on the stock.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
HSBC lowered Intel's price target from $44 to $37, with a Hold rating.
The reduction in price target by HSBC could negatively impact Intel's stock price in the short term, reflecting a more cautious outlook.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
B of A Securities cut Vertex's price target from $40 to $34, with a Neutral rating.
The lowered price target for Vertex indicates a cautious stance from B of A Securities, which may negatively affect the stock's short-term performance.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEUTRAL IMPACT
Mizuho slightly reduced Marriott International's price target from $263 to $260, maintaining a Neutral rating.
The minor adjustment in Marriott's price target by Mizuho suggests a neutral impact, with limited short-term effect on the stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Baird reduced Simpson Manufacturing's price target from $215 to $208, but maintained an Outperform rating.
The slight reduction in Simpson Manufacturing's price target by Baird suggests a modestly positive view, with limited short-term impact.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 80
NEUTRAL IMPACT
RBC Capital raised Zions Bancorporation's price target from $46 to $47, with a Sector Perform rating.
The slight increase in Zions Bancorporation's price target by RBC Capital indicates a neutral stance, with minimal short-term impact expected.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
BMO Capital raised Amazon's price target from $205 to $215, maintaining an Outperform rating.
The increase in Amazon's price target by BMO Capital indicates a positive outlook, likely contributing to upward momentum in its stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
Oppenheimer increased Church & Dwight's price target from $110 to $120, maintaining an Outperform rating.
The raised price target for Church & Dwight by Oppenheimer suggests confidence in the company's prospects, likely leading to positive short-term price action.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Susquehanna raised Impinj's price target from $130 to $140, maintaining a Positive rating.
The increase in price target by Susquehanna suggests a bullish outlook on Impinj, potentially leading to positive short-term price movement.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
JP Morgan upgraded Roblox's price target from $41 to $48 and changed the rating from Neutral to Overweight.
The upgrade and increased price target for Roblox by JP Morgan suggest a strong bullish sentiment, likely leading to positive short-term price movement.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90