Analyst Coverage Updates:
Apple Inc. (AAPL)
Goldman Sachs has revised its target for Apple Inc. upward, setting a new target of $265 per share, up from $238 previously. The investment firm reaffirmed its “Buy” rating on Apple, citing optimism around the company’s product lineup and ecosystem strength. Apple continues to be a cornerstone of innovation in consumer electronics, with robust demand anticipated for its upcoming product releases.
Airbnb Inc. (ABNB)
Benchmark has maintained its “Buy” rating on Airbnb, accompanied by a target price of $190 per share. Despite fluctuations in the travel and hospitality sector, Benchmark remains optimistic about Airbnb’s long-term growth prospects. The company’s resilient business model and adaptability in the face of market challenges underscore its position as a leader in the sharing economy.
Bombardier Inc.(BBD-B:CA)
Scotia Capital has raised its target for Bombardier to $120 per share, up from $100, while maintaining a “Sector Perform” rating. The adjustment reflects Scotia Capital’s assessment of Bombardier’s strategic initiatives and market positioning within the aerospace and transportation sectors. Bombardier’s efforts in innovation and operational efficiency are expected to drive incremental value for investors.
Meta Platforms Inc. (META)
BMO Capital Markets has reiterated its “Hold” rating on Meta Platforms with a target price of $450 per share. The decision reflects cautious optimism amidst evolving regulatory landscapes and competitive pressures in the social media and technology sectors. Meta continues to navigate challenges while focusing on innovation and user engagement across its platforms.
Microsoft Corporation (MSFT)
TD Cowen has raised its target for Microsoft to $495 per share, up from $470, underlining its confidence in the company’s growth trajectory. The “Buy” rating reflects Microsoft’s robust performance across cloud computing, software, and services segments. The company’s strategic investments in artificial intelligence and cybersecurity are poised to bolster its market position further.
