Apple To Rally Around 10%? Here Are 10 Top Analyst Forecasts For Thursday
Portfolio Pulse from Avi Kapoor
Top Wall Street analysts have updated their price targets and ratings for several major companies, including Apple, ServiceNow, Illinois Tool Works, HCA Healthcare, Thermo Fisher Scientific, AT&T, Renasant Corporation, Boston Scientific, NICE Ltd., and Amphenol Corporation. These changes reflect varying degrees of optimism and caution among analysts.
July 25, 2024 | 3:04 pm
News sentiment analysis
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NEUTRAL IMPACT
Baird cut Amphenol Corporation's price target from $72 to $70, maintaining an Outperform rating. Shares rose 0.2% to $62.12.
The price target cut suggests caution, but the Outperform rating and slight share price increase indicate moderate positive expectations.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 100
NEUTRAL IMPACT
Canaccord Genuity boosted Boston Scientific Corporation's price target from $83 to $88, maintaining a Buy rating. Shares fell 1.6% to $76.53.
The Buy rating and increased price target suggest positive long-term expectations, but the share price drop indicates short-term market caution.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 100
NEUTRAL IMPACT
JP Morgan cut Illinois Tool Works Inc.'s price target from $275 to $267, maintaining an Overweight rating. Shares gained 1.4% to $242.61.
Despite the price target cut, the Overweight rating and share price increase suggest continued investor confidence.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
NEUTRAL IMPACT
Barclays cut NICE Ltd.'s price target from $320 to $286, maintaining an Overweight rating. Shares gained 0.6% to $181.99.
The price target cut suggests caution, but the Overweight rating and share price increase indicate continued investor confidence.
CONFIDENCE 75
IMPORTANCE 65
RELEVANCE 100
NEUTRAL IMPACT
Keefe, Bruyette & Woods raised Renasant Corporation's price target from $34 to $36, maintaining a Market Perform rating. Shares fell 1% to $35.55.
The Market Perform rating and slight price target increase suggest moderate expectations, with the share price drop indicating market caution.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 100
POSITIVE IMPACT
Baird increased Apple Inc.'s price target from $200 to $240, maintaining an Outperform rating. Apple shares fell 0.1% to $218.51.
The increase in the price target by Baird suggests strong future performance expectations, which is positive for the stock despite the slight drop in share price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Cantor Fitzgerald raised HCA Healthcare, Inc.'s price target from $335 to $392, maintaining an Overweight rating. Shares rose 2.6% to $352.73.
The raised price target and Overweight rating indicate strong future performance expectations, reflected in the share price increase.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Truist Securities raised ServiceNow, Inc.'s price target from $750 to $780, maintaining a Hold rating. ServiceNow shares gained 11.9% to $817.75.
The significant share price increase indicates strong market reaction to the raised price target, suggesting positive short-term momentum.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Oppenheimer raised AT&T Inc.'s price target from $21 to $23, maintaining an Outperform rating. Shares rose 2.1% to $19.56.
The raised price target and Outperform rating indicate positive future expectations, reflected in the share price increase.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Stifel boosted Thermo Fisher Scientific Inc.'s price target from $600 to $615, maintaining a Buy rating. Shares rose 3.3% to $593.57.
The increased price target and Buy rating suggest strong future performance, supported by the share price rise.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100