Wall Street analysts are constantly evaluating companies and adjusting their outlook based on market trends and individual company performance. This week, several top analysts have made notable changes to their price targets for a variety of prominent stocks.
Apple Inc. (AAPL)
saw its price target raised from $261 to $262 by Rosenblatt analyst Barton Crockett, who maintained a Buy rating. This positive outlook reflects the continued confidence in Apple’s growth trajectory.
Patrick Industries, Inc. (PATK)
received a price target increase from BMO Capital analyst Tristan Thomas-Martin, who maintained an Outperform rating, pushing the target from $150 to $155. This suggests BMO Capital sees potential for continued strong performance from Patrick Industries.
Norwegian Cruise Line Holdings Ltd. (NCLH)
also benefited from a price target boost, with Macquarie analyst Paul Golding raising the target from $24 to $30 while maintaining an Outperform rating. This optimistic outlook reflects the potential rebound in the cruise industry as travel restrictions ease.
LeMaitre Vascular, Inc. (LMAT)
saw its price target adjusted upwards by Barrington Research analyst Michael Petusky, who maintained an Outperform rating. The target moved from $92 to $93, indicating a positive view on the company’s future.
Mastercard Incorporated (MA)
experienced a significant price target increase from Susquehanna analyst James Friedman, who maintained a Positive rating. The target was boosted from $540 to $605, reflecting confidence in Mastercard’s continued dominance in the payments industry.
Travel + Leisure Co. (TNL)
received a price target increase from Tigress Financial analyst Ivan Feinseth, who maintained a Buy rating. The target moved from $58 to $64, indicating optimism regarding the company’s future growth.
Bausch Health Companies Inc. (BHC)
saw its price target increased by RBC Capital analyst Douglas Miehm, who maintained a Sector Perform rating. The target moved from $10 to $11, suggesting a more cautious but still positive outlook on the company.
Hyatt Hotels Corporation (H)
saw its price target reduced from $165 to $164 by Macquarie analyst Chad Beynon, who maintained an Outperform rating. This slight adjustment indicates a potential for slower growth in the near term.
The Marcus Corporation (MCS)
received a price target boost from Benchmark analyst Mike Hickey, who maintained a Buy rating. The target increased from $20 to $22, reflecting confidence in the company’s prospects.
Amazon.com, Inc. (AMZN)
experienced a price target increase from Evercore ISI Group analyst Mark Mahaney, who maintained an Outperform rating. The target moved from $240 to $260, indicating strong confidence in Amazon’s future growth.These analyst adjustments provide valuable insights into the current market sentiment and expectations for these specific companies. Investors can use this information to make informed decisions, keeping in mind that analyst recommendations should be considered alongside individual research and investment goals.
