AMD To Rally Over 19%? Here Are 10 Top Analyst Forecasts For Monday
Portfolio Pulse from Avi Kapoor
Top Wall Street analysts have updated their outlooks on several US-listed companies, including AMD, Delek US Holdings, Boot Barn Holdings, Targa Resources, Tandem Diabetes Care, Chewy, Celanese Corporation, Krispy Kreme, ABM Industries, and Applied DNA Sciences. The updates include both price target changes and rating adjustments.
June 10, 2024 | 11:54 am
News sentiment analysis
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POSITIVE IMPACT
Susquehanna boosted the price target for AMD from $185 to $200, maintaining a Positive rating. AMD shares gained 0.7% to close at $167.87 on Friday.
The price target increase and maintained Positive rating from Susquehanna suggest strong confidence in AMD's future performance, likely driving short-term price appreciation.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Benchmark increased Boot Barn's price target from $110 to $140, maintaining a Buy rating. Shares fell 0.5% to close at $128.01 on Friday.
The increased price target and maintained Buy rating from Benchmark suggest positive sentiment, likely leading to short-term gains in Boot Barn's stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Truist Securities boosted Krispy Kreme's price target from $13 to $15, upgrading the stock from Hold to Buy. Shares fell 0.8% to close at $10.63 on Friday.
The increased price target and upgrade to Buy from Truist Securities suggest positive sentiment, likely leading to short-term gains in Krispy Kreme's stock price despite the recent decline.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Oppenheimer raised Tandem Diabetes Care's price target from $47 to $58, maintaining an Outperform rating. Shares fell 1.5% to close at $48.85 on Friday.
The increased price target and maintained Outperform rating from Oppenheimer suggest positive sentiment, likely leading to short-term gains in Tandem Diabetes Care's stock price despite the recent decline.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Truist Securities raised the price target for Targa Resources from $120 to $125, maintaining a Buy rating. Shares rose 0.1% to close at $118.01 on Friday.
The raised price target and maintained Buy rating from Truist Securities indicate positive expectations, likely leading to short-term gains in Targa Resources' stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEUTRAL IMPACT
Baird increased ABM Industries' price target from $48 to $49, maintaining a Neutral rating. Shares rose 5.3% to close at $50.94 on Friday.
The slight increase in price target and maintained Neutral rating from Baird suggest a mixed outlook, likely leading to neutral short-term price movement for ABM Industries' stock.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 100
NEUTRAL IMPACT
Mizuho boosted Chewy's price target from $18 to $20, maintaining a Neutral rating. Shares fell 4.6% to close at $22.75 on Friday.
The slight increase in price target and maintained Neutral rating from Mizuho suggest a mixed outlook, likely leading to neutral short-term price movement for Chewy's stock.
CONFIDENCE 70
IMPORTANCE 65
RELEVANCE 100
NEGATIVE IMPACT
HC Wainwright & Co. cut Applied DNA Sciences' price target from $7 to $1.5, maintaining a Buy rating. Shares fell 0.9% to close at $0.54 on Friday.
The significant reduction in price target despite a maintained Buy rating from HC Wainwright & Co. indicates a negative outlook, likely leading to short-term declines in Applied DNA Sciences' stock price.
CONFIDENCE 60
IMPORTANCE 55
RELEVANCE 100
NEGATIVE IMPACT
B of A Securities cut Celanese Corporation's price target from $147 to $144, maintaining an Underperform rating. Shares fell 0.5% to close at $146.47 on Friday.
The reduced price target and maintained Underperform rating from B of A Securities indicate a negative outlook, likely leading to short-term declines in Celanese's stock price.
CONFIDENCE 65
IMPORTANCE 60
RELEVANCE 100
NEGATIVE IMPACT
TD Cowen cut the price target for Delek US Holdings from $25 to $20 and downgraded the stock from Hold to Sell. Shares fell 0.6% to close at $25.28 on Friday.
The downgrade and reduced price target from TD Cowen indicate a negative outlook, likely leading to further short-term declines in Delek US Holdings' stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100