Price Target Changes｜Li Auto Reduced to $26.8 By Citi; Peloton Lowered to $11 By Credit Suisse
Benzinga2022-05-11
- Raymond James cut Electronic Arts Inc. price target from $158 to $150. Electronic Arts shares rose 3.8% to $115.84 in pre-market trading.
- Credit Suisse lowered the price target for Peloton Interactive, Inc. from $28 to $11. Peloton Interactive shares rose 4.6% to $13.49 in pre-market trading.
- Wells Fargo lowered the price target on Rocket Companies, Inc. from $13 to $8. Rocket Companies shares fell 6.8% to $7.28 in pre-market trading.
- Citigroup reduced the price target for Li Auto Inc. from $51.5 to $26.8. Li Auto shares rose 8.3% to $21.30 in pre-market trading.
- Truist Securities cut the price target on Pegasystems Inc. from $110 to $60. Pegasystems shares fell 2.4% to $51.00 in pre-market trading.
- Deutsche Bank raised the price target on Grocery Outlet Holding Corp. from $29 to $40. Grocery Outlet shares rose 6.4% to $33.05 in pre-market trading.
- Needham reduced Axon Enterprise, Inc. price target from $170 to $130. Axon Enterprise shares rose 1.2% to $90.51 in pre-market trading.
- Telsey Advisory Group reduced a.k.a. Brands Holding Corp. price target from $15 to $9. a.k.a. Brands shares fell 3.6% to close at $3.25 on Tuesday.
- Stifel cut Carvana Co. price target from $115 to $40. Carvana shares dropped 1.9% to $36.00 in pre-market trading.
- Barclays lowered Corning Incorporated price target from $53 to $38. Corning shares fell 0.7% to $35.75 in pre-market trading.
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