Analyst Ratings
Shopify: TD Securities Maintains Hold Rating
TD Securities (Analyst Rank#18) has maintained its Hold rating on Shopify Inc., with a target price of CAD 72. Despite the company’s strong quarterly results, TD Securities’ cautious stance reflects broader market uncertainties and evolving investor sentiment.
Walmart: Wells Fargo Raises Target Price
Wells Fargo & Company (Analyst Rank#6) has increased its target price for Walmart Inc., upgrading its rating to Overweight and adjusting the target range from USD 70 to USD 75. This revision comes in response to Walmart’s robust performance and optimistic outlook, highlighting confidence in the retailer’s ability to sustain growth and navigate market challenges effectively.
Target Inc: Wells Fargo Lowers Target Price
Wells Fargo & Company (Analyst Rank#6) has lowered its target price for Target Corporation, and maintained its rating at Overweight, with a revised target from USD 175 to USD 160. The adjustment reflects recent performance trends and market conditions that have impacted Target’s financial outlook, though the company is still seen positively overall.
Google: Needham Reiterates Buy Rating
Needham & Company (Analyst Rank#28) has reiterated its Buy rating for Alphabet Inc. (Google), maintaining the target price at USD 210. This reaffirmation underscores confidence in Google’s strong market position and future growth prospects, despite any short-term fluctuations or market volatility.
Airbnb: Analyst Ratings Actions
Airbnb Inc. has seen mixed analyst actions. Piper Jaffray (Analyst Rank#13) has maintained a Neutral rating but lowered its target price from USD 155 to USD 125.
Susquehanna (Analyst Rank#48) has also lowered its target price on Airbnb, adjusting it from USD 180 to USD 130 while maintaining its Positive rating.
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.
