A series of upgrades and downgrades from top analysts has reshaped the market outlook for several prominent names, including Bitdeer Technologies Group, Luminar Technologies, Lowe’s Companies, Walmart Inc., Shell plc, Salesforce, MongoDB, Plus Therapeutics, Workday, Inc. and NVIDIA Corporation.
Analysts have made significant changes to their price targets, with some companies seeing substantial increases and others facing reductions. For instance, HC Wainwright & Co. raised its price target for Bitdeer Technologies Group from $18 to $19, while Goldman Sachs slashed its target for Luminar Technologies from $2 to $1. On the other hand, Stifel increased its target for Lowe’s Companies from $240 to $265 and Evercore ISI Group boosted Walmart Inc.’s target from $108 to $110.
The changes reflect a mix of views on each company’s prospects, with some analysts maintaining buy or overweight ratings while others suggest caution. The updates serve as a reminder that analyst opinions can be volatile and may shift rapidly as new information becomes available.
While some companies have seen significant price increases, others face downward pressure. As the market continues to evolve, it will be essential for investors to monitor these changes and adjust their strategies accordingly.
Source: https://www.benzinga.com/analyst-stock-ratings/price-target/25/08/47192459/nvidia-to-rally-around-33-here-are-10-top-analyst-forecasts-for-monday