Wall Street Analysts Tweak Outlooks on Top Companies

Top Wall Street analysts have adjusted their price targets and ratings for several notable companies. Here’s a summary of the changes:

– Susquehanna raised its target for Impinj, Inc. (PI) from $130 to $140, maintaining a ‘Positive’ rating.

– HSBC lowered its target for Intel Corporation (INTC) from $44 to $37, maintaining a ‘Hold’ rating.

– Piper Sandler cut its target for Chewy, Inc. (CHWY) from $19 to $16, maintaining a ‘Neutral’ rating.

– B of A Securities reduced its target for Vertex, Inc. (VERX) from $40 to $34, maintaining a ‘Neutral’ rating.

– Mizuho lowered its target for Marriott International, Inc. (MAR) from $263 to $260, maintaining a ‘Neutral’ rating.

– BMO Capital raised its target for Amazon.com, Inc. (AMZN) from $205 to $215, maintaining an ‘Outperform’ rating.

– Baird cut its target for Simpson Manufacturing Co., Inc. (SSD) from $215 to $208, maintaining an ‘Outperform’ rating.

– Oppenheimer increased its target for Church & Dwight Co., Inc. (CHD) from $110 to $120, maintaining an ‘Outperform’ rating.

– RBC Capital boosted its target for Zions Bancorporation (ZION) from $46 to $47, maintaining a ‘Sector Perform’ rating.

– JP Morgan upgraded Roblox Corporation (RBLX) from ‘Neutral’ to ‘Overweight’ and raised its target from $41 to $48.

Analyst Ratings Update: EOG Resources EOG Shows Shifting Sentiment

Analysts have recently provided 12-month price targets for EOG Resources EOG, with the average target set at $146.00. The current average reflects a 0.32% increase from the previous average price target of $145.53, indicating an upward trend. Bullish ratings have increased from 2 to 5 in the last 30 days, while bearish ratings remain at 0. In the past 3 months, 20 analysts have published ratings on EOG, revealing a shifting sentiment over the past 30 days. This news provides insights into the perception of EOG Resources by financial experts and can be valuable for investors seeking to understand consensus views on the stock’s potential future performance.

Freeport-McMoRan: Whales Signal Bearish Outlook with Options Activity

Whales have been showing a bearish stance on Freeport-McMoRan (FCX) lately. Analyzing options trades over the past 30 days reveals that 81% of investors have opened bearish trades, indicating a negative sentiment. Projected price targets for FCX range from $48.0 to $60.0. Significant trades include a bullish put trade expiring on 05/17/24 with a strike price of $50.00 and a bearish call trade expiring on 04/26/24 with a strike price of $48.00.

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