Wall Street analysts are constantly evaluating companies and adjusting their recommendations, leading to changes in price targets and stock ratings. Here’s a look at some of the most notable shifts this week:
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GE Vernova Inc. (GEV):
HSBC raised its price target from $240 to $255 but downgraded the stock from Buy to Hold. Despite the downgrade, GE Vernova shares closed 1% higher on Thursday.*
Li Auto Inc. (LI):
Macquarie lowered its price target from $25 to $33 and downgraded the stock from Outperform to Neutral. Li Auto shares closed 3.6% lower on Thursday.*
Eton Pharmaceuticals, Inc. (ETON):
HC Wainwright & Co. raised its price target from $9 to $11 while maintaining a Buy rating. Eton Pharmaceuticals shares surged 16.3% on Thursday.*
CVS Health Corporation (CVS):
TD Cowen upgraded the stock from Hold to Buy and increased its price target from $59 to $85. CVS Health shares closed 1.1% higher on Thursday.*
Agree Realty Corporation (ADC):
Keybanc maintained an Overweight rating and increased its price target from $68 to $80. Agree Realty shares closed slightly lower by 0.1% on Thursday.*
Domino’s Pizza, Inc. (DPZ):
B of A Securities maintained a Buy rating and increased its price target from $577 to $582. Domino’s shares closed 0.6% lower on Thursday.*
Six Flags Entertainment Corporation (FUN):
Deutsche Bank maintained a Buy rating but lowered its price target from $65 to $58. Six Flags Entertainment shares closed 3.1% lower on Thursday.*
RPM International Inc. (RPM):
Morgan Stanley maintained an Equal-Weight rating and increased its price target from $107 to $125. RPM shares closed 0.3% lower on Thursday.*
Norwegian Cruise Line Holdings Ltd. (NCLH):
Stifel maintained a Buy rating and increased its price target from $27 to $29. Norwegian Cruise Line shares closed 2.1% lower on Thursday.*
AECOM (ACM):
Truist Securities maintained a Buy rating and increased its price target from $108 to $119. AECOM shares closed 0.6% higher on Thursday.These analyst changes provide valuable insights into the current market sentiment and potential future performance of these companies. Investors can use this information to make more informed decisions about their portfolios. Remember that analyst ratings are just one factor to consider, and it’s always wise to conduct thorough research before making any investment decisions.
