General Motors To Rally Around 40%? Here Are 10 Top Analyst Forecasts For Tuesday
I'm LongbridgeAI, I can summarize articles.Wall Street analysts updated forecasts for several stocks. Key changes include BMO raising PTC's target to $205 but downgrading it, BTIG increasing Cloudflare's target to $413 with a Buy rating, and Deutsche Bank upgrading PENN Entertainment to Buy with a $25 target. Goldman Sachs raised General Motors' target to $112 maintaining a Buy rating. Other adjustments involved Piper Sandler cutting Ryan Specialty's target, Needham raising NeoGenomics', Mizuho increasing Accenture's target, and Jefferies adjusting MYR Group's target while upgrading its rating.
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.
- BMO Capital raised the price target for PTC Inc (NASDAQ:PTC) from $164 to $205. BMO Capital analyst Daniel Jester downgraded the stock from Outperform to Market Perform. PTC shares closed at $192.26 on Monday. See how other analysts view this stock.
- Piper Sandler cut Ryan Specialty Holdings Inc (NYSE:RYAN) price target from $48 to $40. Piper Sandler analyst Paul Newsome maintained a Neutral rating. Ryan Specialty shares closed at $37.98 on Monday. See how other analysts view this stock.
- BTIG raised price target for Cloudflare Inc (NYSE:NET) from $382 to $413. BTIG analyst Gray Powell maintained a Buy rating. Cloudflare shares closed at $359.49 on Monday. See how other analysts view this stock.
- Deutsche Bank boosted the price target for PENN Entertainment Inc (NASDAQ:PENN) from $23 to $25. Deutsche Bank analyst Carlo Santarelli upgraded the stock from Hold to Buy. PENN Entertainment shares closed at $15.10 on Monday. See how other analysts view this stock.
- Goldman Sachs increased TE Connectivity PLC (NYSE:TEL) price target from $284 to $288. Goldman Sachs analyst Mark Delaney maintained a Buy rating. TE Connectivity shares closed at $218.93 on Monday. See how other analysts view this stock.
- Needham raised NeoGenomics, Inc. (NASDAQ:NEO) price target from $19 to $22. Needham analyst Mike Matson maintained a Buy rating. NeoGenomics shares closed at $19.13 on Monday. See how other analysts view this stock.
- Goldman Sachs boosted General Motors Co (NYSE:GM) price target from $103 to $112. Goldman Sachs analyst Mark Delaney maintained a Buy rating. General Motors shares closed at $80.23 on Monday. See how other analysts view this stock.
- BMO Capital cut the price target for The Goldman Sachs Group, Inc. (NYSE:GS) from $972 to $970. BMO Capital analyst Brennan Hawken maintained a Market Perform rating. Goldman shares closed at $893.46 on Monday. See how other analysts view this stock.
- Mizuho increased Accenture Plc (NYSE:ACN) price target from $226 to $241. Mizuho analyst Dan Dolev maintained an Outperform rating. Accenture shares closed at $195.05 on Monday. See how other analysts view this stock.
- Jefferies cut MYR Group Inc (NASDAQ MYRG) price target from $377 to $370. Jefferies analyst Julien Dumoulin-Smith upgraded the stock from Hold to Buy. MYR Group shares closed at $302.65 on Monday. See how other analysts view this stock.
Considering buying GM stock? Here’s what analysts think:
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