5 Stocks That Wall Street Loves This Week

24/7 wall street2022-04-02

This week we found five top stocks that Wall Street analysts are absolutely pounding the table on, and all make sense for equity investors looking for fresh ideas for their stock portfolios.

Here are five stocks that Wall Street loves this week.

Adobe Inc. : Exane BNP Paribas started coverage of the technology giant with an Outperform rating and a $570 target price. Goldman Sachs reiterated its Buy rating and has a $605 target price. The consensus target is $568.12. The 52-week trading range is $407.94 to $699.75. The shares traded at $454.00 on Friday.

Block Inc. : Daiwa Securities started coverage on the former Square with a Buy rating and a $160 target price. Goldman Sachs began coverage with a Buy rating and $173 price objective. The consensus target is $182.76. The shares were seen on Friday changing hands at $133.40.

Chewy Inc. : Baird reiterated an Outperform rating with a $65 target price. Jefferies reiterated its Buy rating and has a $90 target price. The consensus target is $71.25. Over the past year, the shares have traded between $35.59 and $97.74. The stock on Friday traded at $41.30.

Duolingo Inc. : KeyBanc Capital Markets upgraded the foreign language learning app provider from Sector Weight to Overweight with a $112 price target. The consensus target is $120.67. The shares have traded in a wide $64.81 to $204.99 range over the past year. The stock traded on Friday at $93.95.

Walmart Inc. : Goldman Sachs maintained a Buy rating on the retail giant and has a $180 price target. It cited the company’s solid position in a rising food inflation environment. The consensus target is $165.06. The 52-week trading range is $132.01 to $152.57. On Friday, the stock traded at $149.90.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Leave a comment
17