TD Synnex To Rally More Than 8%? Here Are 10 Top Analyst Forecasts For Friday
Complete. Here is the key summaryWall Street analysts updated outlooks for several major stocks. Key changes include Piper Sandler lowering Adobe's target to $240, Goldman Sachs upgrading New Oriental to Buy with a $65 target, and BTIG raising EnerSys' target to $280. Needham increased Steven Madden's target to $52, while Goldman Sachs boosted TD Synnex's target to $300. Other adjustments involved RH, Lantronix, McGraw Hill, Cisco, and Jefferies Financial Group.
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 slashed the price target for Adobe Inc (NASDAQ:ADBE) from $280 to $240. Piper Sandler analyst Billy Fitzsimmons maintained a Neutral rating. Adobe shares closed at $218.80 on Thursday. See how other analysts view this stock.
- Goldman Sachs cut New Oriental Education & Tech Grp (NYSE:EDU) price target from $67 to $65. Goldman Sachs analyst Timothy Zhao upgraded the stock from Neutral to Buy. New Oriental Education shares closed at $45.20 on Thursday. See how other analysts view this stock.
- BTIG boosted price target for EnerSys (NYSE:ENS) from $250 to $280. BTIG analyst Gregory Lewis maintained a Buy rating. EnerSys shares closed at $222.92 on Thursday. See how other analysts view this stock.
- Needham raised the price target for Steven Madden Ltd (NASDAQ:SHOO) from $45 to $52. Needham analyst Tom Nikic maintained a Buy rating. Steven Madden shares closed at $45.89 on Thursday. See how other analysts view this stock.
- Goldman Sachs boosted TD Synnex Corp (NYSE:SNX) price target from $270 to $300. Goldman Sachs analyst Michael Ng maintained a Buy rating. TD Synnex shares closed at $277.09 on Thursday. See how other analysts view this stock.
- Baird raised RH (NYSE:RH) price target from $125 to $150. Baird analyst Peter Benedict maintained a Neutral rating. RH shares closed at $159.32 on Thursday. See how other analysts view this stock.
- Needham raised Lantronix Inc (NASDAQ:LTRX) price target from $8.5 to $11. Needham analyst Austin Bohlig maintained a Buy rating. Lantronix shares closed at $6.88 on Thursday. See how other analysts view this stock.
- Baird cut the price target for McGraw Hill Inc (NYSE:BKH) from $19 to $16. Baird analyst Jeffrey Meuler maintained an Outperform rating. McGraw Hill shares closed at $12.36 on Thursday. See how other analysts view this stock.
- Morgan Stanley increased Cisco Systems Inc (NASDAQ:CSCO) price target from $120 to $130. Morgan Stanley analyst Meta Marshall maintained an Overweight rating. Cisco shares closed at $121.83 on Thursday. See how other analysts view this stock.
- Oppenheimer raised Jefferies Financial Group Inc (NYSE:JEF) price target from $72 to $87. Oppenheimer analyst Chris Kotowski maintained an Outperform rating. Jefferies shares closed at $59.66 on Thursday. See how other analysts view this stock.
Considering buying SNX stock? Here’s what analysts think:
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