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DraftKings To Rally Over 48%? Here Are 10 Top Analyst Forecasts For Monday

Published 06/11/2023, 12:31
Updated 06/11/2023, 13:40
© Reuters.  DraftKings To Rally Over 48%? Here Are 10 Top Analyst Forecasts For Monday

Benzinga - by Lisa Levin, Benzinga Editor.

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

  • Keefe, Bruyette & Woods increased Bank of America Corporation (NYSE: BAC) price target from $29 to $30. Keefe, Bruyette & Woods analyst David Konrad upgraded the stock from Underperform to Market Perform. Bank of America shares gained 0.8% to $28.64 in pre-market trading. See how other analysts view this stock.
  • UBS raised the price target for The Clorox Company (NYSE: CLX) from $124 to $132. UBS analyst Peter Grom upgraded the stock from Sell to Neutral. Clorox shares rose 0.8% to $126.55 in pre-market trading. See how other analysts view this stock.
  • HSBC cut Fortinet, Inc. (NASDAQ: FTNT) price target from $75 to $49. HSBC analyst Stephen Bersey downgraded the stock from Buy to Hold. Fortinet shares rose 0.1% to $50.50 in pre-market trading. See how other analysts view this stock.
  • Deutsche Bank cut the price target for Avient Corporation (NYSE: AVNT) from $46 to $37. Deutsche Bank analyst David Huang downgraded the stock from Buy to Hold. Avient shares gained 6.5% to close at $33.97 on Friday. See how other analysts view this stock.
  • JP Morgan slashed the price target for Nutrien Ltd. (NYSE: NTR) from $70 to $58. JP Morgan analyst Jeffrey Zekauskas downgraded the stock from Overweight to Neutral. Nutrien shares fell 1.6% to $55.35 in pre-market trading. See how other analysts view this stock.
  • Wells Fargo cut SolarEdge Technologies, Inc. (NASDAQ: SEDG) price target from $190 to $82. Wells Fargo analyst Praneeth Satish downgraded the stock from Overweight to Equal-Weight. SolarEdge shares gained 0.5% to $76.00 in pre-market trading. See how other analysts view this stock.
  • Needham increased DraftKings Inc. (NASDAQ: DKNG) price target from $44 to $50. Needham analyst Bernie McTernan maintained a Buy rating. DraftKings shares gained 16.5% to close at $33.75 on Friday. See how other analysts view this stock.
  • Keybanc cut the price target for Restaurant Brands International Inc. (NYSE: QSR) from $85 to $82. Keybanc analyst Eric Gonzalez maintained an Overweight rating. Restaurant Brands shares fell 1.9% to close at $67.80 on Friday. See how other analysts view this stock.
  • Susquehanna cut Pioneer Natural Resources Company (NYSE: PXD) price target from $276 to $250. Susquehanna analyst Biju Perincheril downgraded the stock from Positive to Neutral. Pioneer Natural Resources shares gained 0.8% to $245.55 in pre-market trading. See how other analysts view this stock.
  • Needham lowered Arcutis Biotherapeutics, Inc. (NASDAQ: ARQT) price target from $22 to $8. Needham analyst Serge Belanger maintained a Buy rating. Arcutis Biotherapeutics shares gained 2.5% to $2.50 in pre-market trading. See how other analysts view this stock.
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