FedEx Cut to $195; Adobe Lowered to $340; Alcoa Raised to $66｜Price Target Changes

Benzinga2022-09-16

Morgan Stanley raised the price target on Alcoa Corporation from $51 to $66. Morgan Stanley analyst Carlos De Alba also upgraded the stock from Equal-Weight to Overweight. Alcoa shares rose 1.1% to $43.60 in pre-market trading.
Stifel cut FedEx Corporation price target from $288 to $195. Stifel analyst J. Bruce Chan also downgraded the stock from Buy to Hold. FedEx shares fell 19.7% to $164.50 in pre-market trading.
Barclays lowered Adobe Inc price target from $440 to $340. Barclays analyst Saket Kalia also downgraded the stock from Overweight to Equal-Weight. Adobe shares fell 2.1% to $302.69 in pre-market trading.
DA Davidson raised The Beauty Health Company price target from $25 to $30. DA Davidson analyst Linda Bolton Weiser maintained the stock with a Buy. Beauty Health shares jumped 7.2% to close at $12.57 on Thursday.
Jefferies cut International Paper Company price target from $40 to $31. Jefferies analyst Philip Ng also downgraded the stock from Hold to Underperform. International Paper fell 4.4% to $37.95 in pre-market trading.
Keybanc lowered Helios Technologies, Inc. price target from $90 to $71. Keybanc analyst Jeffrey Hammond maintained an Overweight rating on the stock. Helios Technologies shares rose 0.3% to close at $51.52 on Thursday.

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Comments

Lao Tzu Ang
2022-09-17
Lao Tzu Ang
Recession fear
JaiVenky
2022-09-17
JaiVenky
Superb
Ktkw
2022-09-16
Ktkw
Sure
SanWan
2022-09-16
SanWan
Ok
- SanWan:
  ok
jerwy
2022-09-16
jerwy
wow
May88888
2022-09-16
May88888
Ok
- AlexNg79:
  ok
- May88888:
  ok

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