MongoDB Reports Strong Q3 Results Despite Stock Decline
Dec 10, 2024
Analyst Outlook Changes: Key Price Target Adjustments for Leading Companies
In the world of investment, analyst outlooks can significantly influence stock performance. Recently, several prominent Wall Street analysts have revised their price targets and ratings for various companies, providing insight into their future prospects.
- Keybanc has updated its price target for Walmart Inc (WMT) from $96 to $100. Analyst Bradley Thomas has maintained an Overweight rating for the stock, which closed at $94.55 on Tuesday.
- Truist Securities increased the price target for Phreesia, Inc (PHR) from $31 to $34, with analyst Jailendra Singh also holding a Buy rating. Phreesia shares ended at $24.14 on Tuesday.
- On the downside, Wells Fargo has decreased its price target for RxSight, Inc (RXST) from $56 to $42. Analyst Larry Biegelsen downgraded the stock from Overweight to Equal-Weight, as shares closed at $39.17.
- Oppenheimer raised the price target for Trimble Inc (TRMB) from $77 to $88, with analyst Kristen Owen keeping an Outperform rating. Trimble shares closed at $74.12.
- Morgan Stanley has cut the price target for Zenas BioPharma, Inc. (ZBIO) from $40 to $35, while analyst Vikram Purohit maintained an Overweight rating. Zenas shares closed at $9.50.
- Susquehanna increased its price target for Visa Inc (V) from $339 to $375. Analyst James Friedman has maintained a Positive rating. Visa shares closed at $312.38.
- Piper Sandler raised the target for Synovus Financial Corp (SNV) from $56 to $64, with analyst Brad Milsaps keeping an Overweight rating. Synovus shares settled at $55.14.
- Morgan Stanley also lifted its price target for United Airlines Holdings, Inc (UAL) from $88 to $130, with analyst Ravi Shanker maintaining an Overweight rating. United Airlines shares closed at $96.53.
- Wells Fargo increased its price target for Intuitive Surgical, Inc (ISRG) from $549 to $630, with analyst Larry Biegelsen retaining an Overweight rating. Intuitive Surgical shares closed at $538.09.
- Finally, Stifel raised its price target for Columbia Sportswear Company (COLM) from $92 to $100, with analyst Jim Duffy maintaining a Buy rating. Columbia Sportswear shares closed at $90.09.