Hasbro To Rally Around 38%? Here Are 10 Top Analyst Forecasts For Friday
Portfolio Pulse from Avi Kapoor
Top Wall Street analysts have updated their outlooks on several major stocks. Notable changes include price target increases for UroGen Pharma, Adobe, Zscaler, Hasbro, Korn Ferry, HEICO, and Bank of America, while Darden Restaurants, RH, and APA Corporation saw price target cuts. These updates reflect varying degrees of confidence in the future performance of these companies.
June 14, 2024 | 12:30 pm
News sentiment analysis
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POSITIVE IMPACT
Keefe, Bruyette & Woods raised Bank of America's price target from $37 to $46 and upgraded the stock from Market Perform to Outperform. Shares fell 0.4% to close at $39.26.
The upgrade to Outperform and price target increase suggest positive sentiment, despite the slight share price decline.
CONFIDENCE 80
IMPORTANCE 65
RELEVANCE 70
POSITIVE IMPACT
B of A Securities raised Hasbro's price target from $70 to $80 and upgraded the stock from Neutral to Buy. Shares fell 0.5% to close at $58.02.
The upgrade to Buy and price target increase indicate positive sentiment, despite the slight share price decline.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Benchmark raised HEICO's price target from $185 to $245 and maintained a Buy rating. Shares gained 0.7% to close at $226.96.
The price target increase and maintained Buy rating suggest positive sentiment, reflected in the slight share price gain.
CONFIDENCE 80
IMPORTANCE 65
RELEVANCE 70
POSITIVE IMPACT
Baird raised Korn Ferry's price target from $72 to $79 and maintained an Outperform rating. Shares gained 10.8% to close at $70.27.
The price target increase and maintained Outperform rating, along with a significant share price gain, indicate strong positive sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 80
POSITIVE IMPACT
HC Wainwright & Co. raised the price target for UroGen Pharma from $54 to $60 and maintained a Buy rating. Shares jumped 37.6% to close at $17.50.
The significant price target increase and maintained Buy rating, coupled with a substantial share price jump, indicate strong positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
JP Morgan raised the price target for Zscaler from $205 to $230 and upgraded the stock from Neutral to Overweight. Shares fell 4.1% to close at $181.05.
The upgrade to Overweight and price target increase indicate positive sentiment, despite the recent share price decline.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Keybanc raised the price target for Adobe from $445 to $450 but maintained an Underweight rating. Shares fell 0.3% to close at $458.74.
Despite the price target increase, the Underweight rating and slight share price decline suggest mixed sentiment.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Stephens & Co. cut Darden Restaurants' price target from $170 to $165 and maintained an Equal-Weight rating. Shares rose 0.2% to close at $147.48.
The price target cut and maintained Equal-Weight rating suggest neutral sentiment, reflected in the slight share price increase.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
Evercore ISI Group cut APA Corporation's price target from $52 to $39 and downgraded the stock from Outperform to In-Line. Shares fell 2.6% to close at $28.57.
The price target cut and downgrade to In-Line, along with the share price decline, indicate negative sentiment.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Baird cut RH's price target from $300 to $275 and maintained a Neutral rating. Shares fell 3% to close at $277.05.
The price target cut and maintained Neutral rating, along with the share price decline, suggest negative sentiment.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70