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Wedbush Adjusted Tesla to $360; JP Morgan Cut Nvidia to $220|Price Target Changes

Benzinga2022-08-25

  • Credit Suisse cut the price target on Salesforce, Inc. from $315 to $250. Credit Suisse analyst Phil Winslow maintained the stock with an Outperform rating. Salesforce shares fell 6.4% to $168.50 in pre-market trading.
  • Jefferies boosted FLEX LNG Ltd. price target from $26 to $36. Jefferies analyst Omar Nokta maintained a Hold rating on the stock. FLEX LNG shares fell 1.6% to $35.20 in pre-market trading.
  • Telsey Advisory Group raised Williams-Sonoma, Inc. price target from $165 to $195. Telsey Advisory Group analyst Joseph Feldman maintained an Outperform rating on the stock. Williams-Sonoma shares rose 2.2% to $166.00 in pre-market trading.
  • Stifel raised Verve Therapeutics, Inc. price target from $32 to $56. Stifel analyst Dae Gon Ha upgraded the stock from Hold to Buy. Verve Therapeutics shares rose 3.3% to $41.43 in pre-market trading.
  • Wedbush increased Brinker International, Inc. price target from $26 to $29. Wedbush analyst Nick Setyan maintained a Neutral rating on the stock. Brinker fell 4.9% to close at $28.84 on Wednesday.
  • Keybanc boosted Autodesk, Inc. price target from $250 to $264. Keybanc analyst Jason Celino maintained an Overweight rating on the stock. Autodesk shares rose 8.7% to $233.01 in pre-market trading.

Several analysts made changes to their price targets on Nvidia today.

  • JP Morgan cut the price target on the stock from $230 to $220. JP Morgan analyst Harlan Sur maintained an Overweight rating on the stock.
  • Citigroup reduced price target on the stock from $285 to $248. However, Citigroup analyst Atif Malik maintained Nvidia with a Buy.
  • Raymond James cut Nvidia’s price target $240 to $210. However, Raymond James analyst Melissa Fairbanks maintained the stock with a Strong Buy.
  • Barclays lowered the price target on the stock from $200 to $190. However, Barclays analyst Blayne Curtis maintained Nvidia with an Overweight.

Wedbush analyst Dan Ives has adjusted Tesla Inc's 12-month price target post a 3:1 stock split and after factoring in “improved production” from the company’s China Giga factory.

The Tesla Analyst: Ives adjusted the pre-split 12-month $1,000 price target, which works out to be $333 post split, to $360. Wedbush maintained its “Outperform” rating on the Elon Musk-led company.

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Comment6

  • JaiVenky
    ·2022-08-26
    Great 
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  • tigernaut
    ·2022-08-26
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  • miker9110
    ·2022-08-25
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    ·2022-08-25
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    ·2022-08-25
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    ·2022-08-25
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