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Brokers raise their price targets on FedEx as the company gains consumers from rival firms’ recent business slowdown. After this update, FDX’s share price surged 2.63% to US$267.97 on September 25, 2023.
Brokers BTIG, Needham and Stifel Nicolaus and Company raised their price targets on BSX. Boston Scientific expects sales in Q3 2023 to be 8.5% to 10.5% higher than that in Q3 2022.
Broker Mizuho upgraded food delivery firm DoorDash (NYSE: DASH) to ‘buy’ and raised its price target on DASH to US$105. The upgrade led to the company’s stock price rising by 2% on September 18, 2023.
Broker Wells Fargo upgraded pharmaceutical firm Apellis (NASDAQ: APLS) to ‘overweight’ and raised its price target on APLS to US$64. The upgrade led to the company’s stock price rising by 4.3% on September 15, 2023.
Broker BMO upgraded its rating on FSLR as it sees an attractive entry point in the stock after its recent weakness. FSLR had a mean recommendation rating of 2.2 and a consensus mean price target of US$246.01 as on September 14, 2023.
TD Cowen raised its price target on off-price retail companies TJX and Ross Stores. TD Cowen raised its price target on TJX to US$99 and on ROST to US$137 on September 12, 2023.
BofA raised its rating on pharmaceutical firm Gilead to ‘buy’ on September 8, 2023. The upgrade led the company’s stock price to rise by 3.3% on September 8, 2023.
Wells Fargo raised its rating on burger giant McDonald’s to ‘overweight’ on September 7, 2023. The upgrade led the company’s stock price rise by 1% on September 7, 2023.
Wedblush raised its rating and price target on Papa John’s on September 1, 2023. The upgrade led to the company’s stock price rising by 3.4% on September 1, 2023.
Brokers raise their price targets on construction supplies distributor GMS Inc. (NYSE: GMS) as the company reports its financial results for Q1FY24. The upgrade led to the company’s stock price rising by 2.5% on September 1, 2023
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