Positive Predictions Rouse Spotify Investors
Top Wall Street analysts made significant changes in their forecast for several top companies. Let’s delve into the most influential forecasts that could fuel the market buzz for Spotify and other stock names.
- Keybanc cut the price target for FMC Corporation FMC from $80 to $76. Keybanc analyst Aleksey Yefremov maintained an Overweight rating. FMC shares fell 11.5% to close at $53.45 on Tuesday. See how other analysts view this stock.
- JP Morgan raised NXP Semiconductors N.V. NXPI price target from $220 to $240. JP Morgan analyst Harlan Sur maintained a Neutral rating. NXP Semiconductors shares rose 0.9% to close at $223.00 on Tuesday. See how other analysts view this stock.
- Jefferies boosted the price target for Quest Diagnostics Incorporated DGX from $140 to $155. Jefferies analyst Brian Tanquilut upgraded the stock from Hold to Buy. Quest Diagnostics shares gained 2% to close at $126.26 on Tuesday. See how other analysts view this stock.
- Morgan Stanley slashed Aptiv PLC APTV price target from $90 to $74. Morgan Stanley analyst Adam Jonas downgraded the stock from Equal-Weight to Underweight. Aptiv shares gained 2.4% to close at $84.19 on Tuesday. See how other analysts view this stock.
- EF Hutton cut the price target for Kimball Electronics, Inc. KE from $37 to $33. EF Hutton analyst Tim Moore maintained a Buy rating. Kimball Electronics shares fell 14.1% to close at $20.18 on Tuesday. See how other analysts view this stock.
- B of A Securities cut the price target for New York Community Bancorp, Inc. NYCB from $8.5 to $5. B of A Securities analyst Ebrahim Poonawala downgraded the stock from Buy to Neutral. New York Community Bancorp shares fell 22.2% to close at $4.20 on Tuesday. See how other analysts view this stock.
- HC Wainwright & Co. lowered Rallybio Corporation RLYB price target from $17 to $12. HC Wainwright & Co. analyst Mitchell Kapoor maintained a Buy rating. Rallybio shares rose 24% to close at $1.55 on Tuesday. See how other analysts view this stock.
- Rosenblatt boosted Spotify Technology S.A. SPOT price target from $300 to $315. Rosenblatt analyst Barton Crockett maintained a Buy rating. Spotify shares gained 3.9% to close at $231.92 on Tuesday. See how other analysts view this stock.
- Rosenblatt boosted Dynatrace, Inc. DT price target from $58 to $65. Rosenblatt analyst Blair Abernethy maintained a Buy rating. Dynatrace shares fell 0.8% to close at $59.58 on Tuesday. See how other analysts view this stock.
- Rosenblatt boosted Snap Inc. SNAP price target from $11 to $12. Rosenblatt analyst Barton Crockett maintained a Neutral rating. Snap shares rose 4.2% to close at $17.45 on Tuesday. See how other analysts view this stock.
Check This Out: Top 4 Materials Stocks That May Fall Off A Cliff This Quarter
