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Microsoft To Rally Around 27%? Here Are 10 Other Analyst Forecasts For Wednesday

Published 31/05/2023, 13:51
Updated 31/05/2023, 15:10
© Reuters.  Microsoft To Rally Around 27%? Here Are 10 Other Analyst Forecasts For Wednesday

Benzinga -

  • Credit Suisse boosted the price target for Microsoft Corp (NASDAQ: MSFT) from $350 to $420. Credit Suisse analyst Sami Badri maintained the stock with an Outperform rating. Microsoft shares fell 0.5% to close at $331.21 on Tuesday.
  • JP Morgan raised the price target for Chevron Corporation (NYSE: CVX) from $161 to $170. JP Morgan analyst John Royall upgraded the stock from Underweight to Neutral. Chevron shares rose 0.3% to $153.60 in pre-market trading.
  • Goldman Sachs boosted the price target for nVent Electric PLC (NYSE: NVT) from $55 to $58. Goldman Sachs analyst Joe Ritchie maintained a Buy rating. nVent Electric shares rose 0.2% to close at $44.80 on Tuesday.
  • Baird increased Xylem Inc (NYSE: XYL) price target from $122 to $135. Baird analyst Michael Halloran upgraded the stock from Neutral to Outperform. Xylem shares rose 1.3% to $99.90 in pre-market trading.
  • Barclays boosted AvalonBay Communities Inc (NYSE: AVB) price target from $186 to $195. Barclays analyst Anthony Powell maintained an Equal-Weight rating on the stock. AvalonBay Communities shares rose 0.6% to close at $172.73 on Tuesday.
  • Bernstein increased Amazon.com, Inc. (NASDAQ: AMZN) price target from $ $125 to $140. Bernstein analyst Mark Shmulik maintained an Outperform rating. Amazon shares fell 0.2% to $121.40 in pre-market trading.
  • B of A Securities raised HP Inc (NYSE: HPQ) price target from $26 to $27. B of A Securities analyst Wamsi Mohan maintained an Underperform rating. HP shares fell 4.9% to $29.42 in pre-market trading.
  • Mizuho cut the price target for Sealed Air Corp (NYSE: SEE) from $56 to $49. Mizuho analyst Christopher Parkinson maintained a Neutral rating. Sealed Air shares fell 0.8% to close at $39.77 on Tuesday.
  • Citigroup raised Lexicon Pharmaceuticals Inc (NASDAQ: LXRX) price target from $6 to $8. Citigroup analyst Yigal Nochomovitz maintained a Buy rating. Lexicon Pharmaceuticals shares fell 0.3% to $2.89 in pre-market trading.
  • Keefe, Bruyette & Woods increased Palomar Holdings Inc (NASDAQ: PLMR) price target from $64 to $67. Keefe,
  • Bruyette & Woods analyst Meyer Shields maintained an Outperform rating. Palomar Holdings shares rose 2.6% to $48.50 in pre-market trading.
  • B of A Securities raised NVIDIA Corporation (NASDAQ: NVDA) price target from $450 to $500. B of A Securities analyst Vivek Arya maintained a Buy rating. NVIDIA shares fell 1.7% to $394.23 in pre-market trading.
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