Benzinga - by Lisa Levin, Benzinga Editor.
- Jefferies raised the price target for MetLife, Inc. (NYSE: MET) from $58 to $72. Jefferies analyst Suneet Kamath upgraded the stock from Hold to Buy. MetLife shares fell 0.3% to close at $63.79 on Wednesday.
- TD Cowen slashed Frontier Group Holdings, Inc. (NASDAQ: ULCC) price target from $12 to $8. TD Cowen analyst Helane Becker downgraded the stock from Outperform to Market Perform. Frontier Group shares gained 0.1% to $5.60 in pre-market trading.
- Keybanc raised the price target for Cadence Design Systems, Inc. (NASDAQ: CDNS) from $270 to $290. Keybanc analyst Jason Celino maintained an Overweight rating. Cadence Design shares rose 0.6% to $242.50 in pre-market trading.
- Keybanc cut the price target for Darden Restaurants, Inc. (NYSE: DRI) from $185 to $175. Keybanc analyst Eric Gonzalez maintained an Overweight rating. Darden Restaurants shares rose 0.1% to $148.84 in pre-market trading.
- JP Morgan lowered Arco Platform Limited (NASDAQ: ARCE) price target from $17 to $14. JP Morgan analyst Marcelo Santos downgraded the stock from Overweight to Neutral. Arco Platform shares gained 0.2% to close at $13.77 on Wednesday.
- RBC Capital cut IBEX Limited (NASDAQ: IBEX) price target from $27 to $18.. RBC Capital analyst Daniel Ford downgraded the stock from Outperform to Sector Perform. IBEX shares fell 12.7% to $15.85 in pre-market trading.
- Mizuho slashed Carrier Global Corporation (NYSE: CARR) price target from $63 to $61. Mizuho analyst Brett Linzey downgraded the stock from Buy to Neutral. Carrier Global shares fell 1.3% to $54.50 in pre-market trading.
- B of A Securities cut The J. M. Smucker Company (NYSE: SJM) price target from $170 to $145.. B of A Securities analyst Peter Galbo downgraded the stock from Buy to Neutral. Smucker shares fell 0.9% to $127.28 in pre-market trading.
- Rosenblatt increased the price target for Arista Networks, Inc. (NYSE: ANET) from $190 to $230. Rosenblatt analyst Mike Genovese maintained a Buy rating. Arista Networks shares fell 0.5% to close at $188.09 on Wednesday.
- Raymond James increased Marathon Oil Corporation (NASDAQ: MRO) price target from $40 to $45. Raymond James analyst John Freeman maintained a Strong Buy rating. Marathon Oil shares fell 2.1% to close at $26.57 on Wednesday.
- DA Davidson cut First Bancorp (NASDAQ: FBNC) price target from $36.5 to $34. DA Davidson analyst Kevin Fitzsimmons upgraded the stock from Neutral to Buy. First Bancorp shares fell 0.9% to close at $27.67 on Wednesday.
3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or
remove ads
.
Check This Out: Check Out 3 Industrials Stocks With Over 3% Dividend Yields From Wall Street's Most Accurate Analysts
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.