Microsoft To Rally More Than 40%? Here Are 10 Top Analyst Forecasts For Thursday
Complete. Here is the key summaryWall Street analysts updated outlooks on several major stocks. Piper Sandler raised Microsoft's price target to $550, while Deutsche Bank upgraded Garrett Motion to Buy with a $36 target. Other changes include Needham boosting Q2 Holdings, Keefe Bruyette upgrading Core Scientific, and Barclays raising Fortinet. Conversely, Barclays cut Meta's target, Stifel downgraded SiteOne to Hold, HC Wainwright lowered Ionis Pharmaceuticals' target, and Mizuho reduced Bloom Energy's target.
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.
- Barclays cut the price target for Meta Platforms Inc (NASDAQ:META) from $830 to $780. Barclays analyst Ross Sandler maintained an Overweight rating. Meta shares closed at $585.61 on Wednesday. See how other analysts view this stock.
- Needham boosted Q2 Holdings Inc (NYSE:QTWO) price target from $70 to $75. Needham analyst Mayank Tandon maintained a Buy rating. Q2 Holdings shares closed at $60.42 on Wednesday. See how other analysts view this stock.
- Deutsche Bank increased price target for Garrett Motion Inc. (NASDAQ:GTX) from $33 to $36. Deutsche Bank analyst Edison Yu upgraded the stock from Hold to Buy. Garrett Motion shares closed at $28.78 on Wednesday. See how other analysts view this stock.
- Keefe, Bruyette & Woods boosted the price target for Core Scientific Inc (NASDAQ:CORZ) from $25 to $28. Keefe, Bruyette & Woods analyst Stephen Glagola upgraded the stock from Market Perform to Outperform. Core Scientific shares closed at $18.12 on Wednesday. See how other analysts view this stock.
- Barclays raised Fortinet Inc (NASDAQ:FTNT) price target from $170 to $190. Barclays analyst Saket Kalia maintained an Equal-Weight rating. Fortinet shares closed at $153.22 on Wednesday. See how other analysts view this stock.
- HC Wainwright & Co. cut Ionis Pharmaceuticals Inc (NASDAQ:IONS) price target from $125 to $115. HC Wainwright & Co. analyst Mitchell S. Kapoor maintained a Buy rating. Ionis Pharmaceuticals shares closed at $54.04 on Wednesday. See how other analysts view this stock.
- Mizuho cut Bloom Energy Corp (NYSE:BE) price target from $285 to $242. Mizuho analyst Maheep Mandloi upgraded the stock from Neutral to Outperform. Bloom Energy shares closed at $163.75 on Wednesday. See how other analysts view this stock.
- Stifel slashed the price target for SiteOne Landscape Supply Inc (NYSE:SITE) from $153 to $100. Stifel analyst W. Andrew Carter downgraded the stock from Buy to Hold. SiteOne Landscape shares closed at $93.79 on Wednesday. See how other analysts view this stock.
- Jefferies raised Lam Research Corp (NASDAQ:LRCX) price target from $315 to $335. Jefferies analyst Blayne Curtis maintained a Buy rating. Lam Research shares closed at $252.35 on Wednesday. See how other analysts view this stock.
- Piper Sandler raised Microsoft Corp (NASDAQ:MSFT) price target from $540 to $550. Piper Sandler analyst Billy Fitzsimmons maintained an Overweight rating. Microsoft shares closed at $390.54 on Wednesday. See how other analysts view this stock.
Considering buying MSFT stock? Here’s what analysts think:
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