Robinhood To Rally Over 13%? Here Are 10 Top Analyst Forecasts For Monday
Portfolio Pulse from Avi Kapoor
Top Wall Street analysts have updated their price targets and ratings for several companies, including Zeta Global, Accenture, CarMax, Cadence Bank, Oracle, U.S. Bancorp, Walmart, Constellation Energy, Robinhood, and Roku. Notably, Robinhood saw a significant price target increase from Deutsche Bank, suggesting a potential rally.
September 30, 2024 | 11:24 am
News sentiment analysis
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POSITIVE IMPACT
TD Cowen upgraded Accenture from Hold to Buy, raising the price target from $321 to $400. Shares fell 1.7% to $349.70.
The upgrade and significant price target increase indicate strong positive sentiment, despite the recent price drop.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 80
POSITIVE IMPACT
Morgan Stanley upgraded Cadence Bank from Equal-Weight to Overweight, raising the price target from $36 to $39. Shares fell 1.1% to $31.28.
The upgrade and increased price target indicate a positive outlook, despite the recent share price decline.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 75
POSITIVE IMPACT
Keybanc raised Constellation Energy's price target from $265 to $279, maintaining an Overweight rating. Shares gained 0.1% to $257.00.
The increased price target and Overweight rating suggest a positive outlook, supported by the slight share price gain.
CONFIDENCE 80
IMPORTANCE 65
RELEVANCE 70
POSITIVE IMPACT
Deutsche Bank raised Robinhood's price target from $24 to $27, maintaining a Buy rating. Shares gained 6.5% to close at $23.89.
The significant price target increase and maintained Buy rating, along with a strong share price gain, indicate a very positive outlook.
CONFIDENCE 95
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
Needham raised CarMax's price target from $87 to $90, maintaining a Buy rating. Shares fell 1.1% to $77.32.
The raised price target and Buy rating suggest positive outlook, though the share price decline indicates some market skepticism.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 75
POSITIVE IMPACT
Bernstein raised Oracle's price target from $201 to $202, maintaining an Outperform rating. Shares gained 0.4% to $168.74.
The slight increase in price target and maintained Outperform rating suggest continued positive sentiment.
CONFIDENCE 80
IMPORTANCE 65
RELEVANCE 70
POSITIVE IMPACT
Baird raised Roku's price target from $56 to $75, maintaining a Neutral rating. Shares gained 1% to close at $74.41.
The significant price target increase suggests positive sentiment, though the Neutral rating indicates some caution.
CONFIDENCE 80
IMPORTANCE 65
RELEVANCE 70
POSITIVE IMPACT
Morgan Stanley upgraded U.S. Bancorp from Equal-Weight to Overweight, raising the price target from $54 to $57. Shares gained 0.4% to $45.48.
The upgrade and increased price target indicate a positive outlook, supported by the recent share price gain.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 75
POSITIVE IMPACT
Baird raised Walmart's price target from $82 to $90, maintaining an Outperform rating. Shares fell 0.2% to $79.78.
The raised price target and Outperform rating suggest positive sentiment, though the slight share price decline indicates some caution.
CONFIDENCE 80
IMPORTANCE 65
RELEVANCE 70
POSITIVE IMPACT
Needham raised Zeta Global's price target from $33 to $36, maintaining a Buy rating. Despite this, shares fell 0.8% to $29.51.
The increase in price target and maintained Buy rating suggest positive sentiment, but the recent price drop indicates potential volatility.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80