Analyst Ratings
Today, prominent investment firms and research companies have updated their stock ratings and target prices for several leading companies.
Enclosed is an overview of the 10 most notable updates from the 401 analyst ratings tracked for today, March 6th, and what they could mean for investors going forward:.
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Agnico-Eagle Mines (RBC – Buy, Target: CAD 105, 03/06/2025):
- RBC issued a Buy rating for Agnico-Eagle Mines with a target price of CAD 105, indicating confidence in the company’s growth potential, driven by favorable gold market conditions.
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AutoZone (Argus Research Company – Hold, Target: USD 3740, 03/06/2025):
- Argus Research Company maintained a Hold rating with a target price of USD 3740, suggesting that AutoZone’s stock is fairly valued at current levels, with no strong catalysts for significant changes in the near term.
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Magna International (Morningstar – Buy, Target: CAD 79, 03/06/2025):
- Morningstar maintained a Buy rating for Magna International with a target price of CAD 79, reflecting expectations for strong performance, likely driven by trends in the auto industry, such as electric vehicles and autonomous driving.
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Nvidia Corporation (STA Research – Underperform, Target: USD 95, 03/06/2025):
- STA Research reiterated an Underperform rating for Nvidia with a target price of USD 95, signaling expectations for potential underperformance due to concerns over market condition, and over valuation.
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3M Company (Bank of America Merrill Lynch – Buy, Target: USD 179, 03/06/2025):
- Bank of America Merrill Lynch raised the target price for 3M to USD 179, maintaining a Buy rating, suggesting strong confidence in the company’s future performance, driven by innovation in manufacturing, healthcare, and safety products.
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Target Corp (Oppenheimer & Co. – Outperform, Target: USD 150, 03/06/2025):
- Oppenheimer & Co. lowered the target price for Target Corp to USD 150 but maintained an Outperform rating, reflecting ongoing optimism despite some short-term challenges.
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Tesla (Robert W. Baird & Co. – Outperform, Target: USD 370, 03/06/2025):
- Robert W. Baird & Co. lowered the target price for Tesla to USD 370, but maintained an Outperform rating, indicating that while Tesla’s growth potential remains strong, market conditions and increased competition are tempering expectations.
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TJX Companies (UBS – Buy, Target: USD 158, 03/06/2025):
- UBS updated the target for TJX Companies to USD 158, maintaining a Buy rating, driven by optimism around TJX’s value-driven retail model and strong performance in off-price retail.
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Uber (Truist Financial – Buy, Target: USD 92, 03/06/2025):
- Truist Financial raised the target price for Uber to USD 92, reflecting optimism about the company’s growth prospects, particularly from its expanded services in ridesharing and delivery through Uber Eats.
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Wendy’s (Stephens – Equal Weight, Target: USD 15, 03/06/2025):
- Stephens reiterated its Equal Weight rating for Wendy’s with a target price of USD 15, suggesting that the company will perform in line with the broader market, with limited upside potential due to competitive pressures in the quick-service restaurant sector.
STA Research (StockTargetAdvisor.com) is a independent Investment Research company that specializes in stock forecasting and analysis with integrated AI, based on our platform stocktargetadvisor.com, EST 2007.
