Robinhood To Rally Around 18%? 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 companies, including SS&C Technologies, Elanco Animal Health, Athira Pharma, NIKE, Aspen Technology, Carnival Corporation, Spotify, General Mills, Robinhood, and T-Mobile US. Notable changes include a significant downgrade for Athira Pharma and a positive outlook for Robinhood.
September 19, 2024 | 12:29 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Mizuho slashed Athira Pharma's price target from $5 to $0.5 and downgraded the stock to Neutral. Shares fell 4.7% to $0.4630.
The drastic reduction in price target and downgrade to Neutral by Mizuho suggests significant negative sentiment, likely leading to further declines.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Morgan Stanley cut Elanco Animal Health's price target from $17 to $15 and downgraded the stock to Equal-Weight. Shares closed at $14.65.
The downgrade and reduced price target by Morgan Stanley indicate a less favorable outlook, potentially leading to a negative impact on the stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Bernstein cut NIKE's price target from $112 to $109, maintaining an Outperform rating. Shares gained 0.3% to $80.90.
The slight reduction in price target with an Outperform rating suggests a neutral to slightly positive outlook, with limited short-term impact.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Oppenheimer raised T-Mobile's price target from $200 to $215, maintaining an Outperform rating. Shares fell 3% to $196.68.
Despite the increased price target and Outperform rating, the recent share price decline suggests mixed sentiment, leading to a neutral short-term impact.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 75
POSITIVE IMPACT
Loop Capital boosted Aspen Technology's price target from $204 to $260, maintaining a Buy rating. Shares rose 1.1% to $236.00.
The significant increase in price target and maintained Buy rating by Loop Capital indicates strong positive sentiment, likely driving the stock higher.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 80
POSITIVE IMPACT
Mizuho increased Carnival's price target from $22 to $25, maintaining an Outperform rating. Shares rose 1.8% to $18.36.
The increased price target and Outperform rating by Mizuho suggest a positive outlook, likely supporting further gains in the stock.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 75
POSITIVE IMPACT
Piper Sandler increased General Mills' price target from $74 to $84, maintaining an Overweight rating. Shares rose 0.7% to $75.01.
The increased price target and Overweight rating by Piper Sandler suggest a positive outlook, likely supporting further gains in the stock.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 75
POSITIVE IMPACT
Piper Sandler raised Robinhood's price target from $23 to $27, maintaining an Overweight rating. Shares rose 1.4% to $22.95.
The increased price target and Overweight rating by Piper Sandler indicate strong positive sentiment, likely driving the stock higher.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 85
POSITIVE IMPACT
Pivotal Research raised Spotify's price target from $460 to $510, maintaining a Buy rating. Shares gained 0.5% to $343.97.
The increase in price target and maintained Buy rating by Pivotal Research indicates a positive outlook, likely boosting investor confidence.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 80
POSITIVE IMPACT
Needham raised SS&C Technologies' price target from $81 to $90, maintaining a Buy rating. Shares closed at $75.36.
The increase in price target and maintained Buy rating by Needham suggests a positive outlook, likely boosting investor confidence.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80