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Today’s most important price target changes

Published 26/01/2023, 23:27
Updated 26/01/2023, 23:27

By Investing.com Staff

Cowen raised the price target on Tesla (NASDAQ:TSLA) to $140.00 from $122.00 while maintaining a Market Perform rating.

The company’s shares surged more than 10% today after it insisted that there's no problem with demand for its cars, and forecast another year of solid - if slightly slower - growth.

Citi raised the price target on Boeing (NYSE:BA) to $248.00 from $222.00 while maintaining a Buy rating.

The company posted a surprise loss in Q4 due largely to production delays with its 777-9 project. The company is taking extra care to avoid a repeat of the 737 MAX certification scandal. Boeing still reported positive annual cash flow for the first time since 2018 and forecasted a further improvement this year.

Deutsche Bank raised the price target on Packaging Corp of America (NYSE:PKG) to $106.00 from $104.00 while maintaining a Sell rating. Shares gained more than 7% on the Q4 EPS beat.

Citi raised the price target on U.S. Bancorp (NYSE:USB) to $54.00 from $50.00 while maintaining a Neutral rating.

Cowen lowered the price target on Uber (NYSE:UBER) to $66.00 from $70.00 while maintaining an Outperform rating.

 

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