Wall Street analysts continue to assess the market landscape and update their outlooks for various companies. This week, several prominent firms have revised their price targets and ratings, offering insights into potential investment opportunities.
Pro-Dex, Inc. (PDEX)
received a price target increase from Ascendiant Capital, who raised their target from $28 to $30 while maintaining a Buy rating. Pro-Dex shares closed Friday at $23.28, up 4.2% on the day.Summit Therapeutics Inc. (SMMT)
saw its price target lifted from $16 to $30 by HC Wainwright & Co., who also maintained a Buy rating. However, Summit Therapeutics shares closed down 1.8% at $12.27.United States Steel Corporation (X)
received an upgrade from JP Morgan, who raised the price target from $40 to $42 and shifted their rating from Neutral to Overweight. United States Steel closed up 4.3% at $31.27.Costco Wholesale Corporation (COST)
experienced a price target increase from Morgan Stanley, who raised their target from $855 to $950 while maintaining an Overweight rating. Costco shares closed down 1.1% at $876.68.LGI Homes, Inc. (LGIH)
saw an upgrade from Wedbush, who boosted the price target from $97 to $125 and upgraded the stock from Underperform to Neutral. LGI Homes closed up 0.8% at $104.80.Roblox Corporation (RBLX)
received a price target increase from BTIG, who raised their target from $47 to $51 while maintaining a Buy rating. Roblox shares closed down 0.2% at $43.64.JetBlue Airways Corporation (JBLU)
experienced an upgrade from B of A Securities, who raised the price target from $3 to $6 and upgraded the stock from Underperform to Neutral. JetBlue shares closed down 1.7% at $5.30.Colgate-Palmolive Company (CL)
received a price target increase from Deutsche Bank, who raised their target from $107 to $109 but downgraded the stock from Buy to Hold. Colgate-Palmolive shares closed down 0.6% at $107.86.Nucor Corporation (NUE)
saw an upgrade from JP Morgan, who raised the price target from $170 to $174 and shifted their rating from Neutral to Overweight. Nucor shares closed down 0.6% at $138.79.Starbucks Corporation (SBUX)
received a price target increase from BMO Capital, who raised their target from $100 to $110 while maintaining an Outperform rating. Starbucks shares closed down 0.5% at $91.15.These analyst adjustments offer valuable insights into the current market sentiment and potential future growth of these companies. However, it’s crucial to remember that these are just recommendations, and investors should conduct their own thorough research before making any investment decisions.
