share_log

Alibaba To Rally Around 11%? Here Are 10 Top Analyst Forecasts For Friday

Benzinga ·  Aug 16 19:51

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

  • Piper Sandler raised the price target for Globant S.A. (NYSE:GLOB) from $238 to $240. Piper Sandler analyst Arvind Ramnani reiterated an Overweight rating. Globant shares gained 1.7% to close at $194.37 on Thursday. See how other analysts view this stock.
  • Daiwa Capital increased the price target for Illumina, Inc. (NASDAQ:ILMN) from $120 to $154. Daiwa Capital analyst Narumi Nakagiri upgraded the stock from Neutral to Buy. Illumina shares gained 5.3% to close at $128.80 on Thursday. See how other analysts view this stock.
  • Piper Sandler boosted Microchip Technology Incorporated (NASDAQ:MCHP) price target from $90 to $100. Piper Sandler analyst Harsh Kumar upgraded the stock from Neutral to Overweight. Microchip shares rose 4.1% to close at $81.30 on Thursday. See how other analysts view this stock.
  • Morgan Stanley cut the price target for The Charles Schwab Corporation (NYSE:SCHW) from $71 to $70. Morgan Stanley analyst Michael Cyprys maintained an Equal-Weight rating. Charles Schwab shares fell 0.2% to close at $65.23 on Thursday. See how other analysts view this stock.
  • Telsey Advisory Group boosted Walmart Inc. (NYSE:WMT) price target from $75 to $82. Telsey Advisory Group analyst Joe Feldman maintained an Outperform rating. Walmart shares gained 6.6% to close at $73.18 on Thursday. See how other analysts view this stock.
  • Baird increased Amcor plc (NYSE:AMCR) price target from $10 to $11. Baird analyst Ghansham Panjabi maintained a Neutral rating. Amcor shares gained 1.8% to close at $10.85 on Thursday. See how other analysts view this stock.
  • Baird increased the price target for Alibaba Group Holding Limited (NYSE:BABA) from $85 to $88. Baird analyst Colin Sebastian maintained an Outperform rating. Alibaba shares rose 0.1% to close at $79.54 on Thursday. See how other analysts view this stock.
  • B of A Securities raised Deere & Company (NYSE:DE) price target from $400 to $410. B of A Securities analyst Ross Gilardi maintained a Neutral rating. Deere shares gained 6.3% to close at $373.26 on Thursday. See how other analysts view this stock.
  • Wells Fargo boosted Fox Corporation (NASDAQ:FOXA) price target from $29 to $46. Wells Fargo analyst Steven Cahall upgraded the stock from Underweight to Overweight. Fox shares fell 0.2% to close at $38.99 on Thursday. See how other analysts view this stock.
  • Benchmark cut JD.com, Inc. (NASDAQ:JD) price target from $55 to $47. Benchmark analyst Fawne Jiang maintained a Buy rating. JD.com shares gained 4.3% to close at $27.00 on Thursday. See how other analysts view this stock.

Considering buying BABA stock? Here's what analysts think:

big
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment