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Amazon To Rally Over 37%? Here Are 10 Top Analyst Forecasts For Wednesday

Published 01/05/2024, 13:14
Updated 01/05/2024, 14:41
© Reuters.  Amazon To Rally Over 37%? Here Are 10 Top Analyst Forecasts For Wednesday
MCD
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SIRI
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AMZN
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SBUX
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CECO
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ZBRA
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MAC
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SWKS
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IT
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PYPL
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Benzinga - by Avi Kapoor, Benzinga Staff Writer.

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

  • Baird cut the price target for Gartner, Inc. (NYSE:IT) from $536 to $517. Baird analyst Jeffrey Meuler maintained an Outperform rating. Gartner shares fell 8% to close at $412.59 on Tuesday. See how other analysts view this stock.
  • Mizuho boosted the price target for Amazon.com, Inc. (NASDAQ:AMZN) from $230 to $240. Mizuho analyst James Lee maintained a Buy rating. Amazon shares fell 3.3% to close at $175.00 on Tuesday. See how other analysts view this stock.
  • BTIG slashed Starbucks Corporation (NASDAQ:SBUX) price target from $115 to $100. BTIG analyst Peter Saleh maintained a Buy rating. Starbucks shares rose 0.2% to close at $88.49 on Tuesday. See how other analysts view this stock.
  • JMP Securities raised the price target for PayPal Holdings, Inc. (NASDAQ:PYPL) from $70 to $82. JMP Securities analyst David Scharf maintained a Market Outperform rating. PayPal shares rose 1.4% to close at $67.92 on Tuesday. See how other analysts view this stock.
  • TD Cowen raised Zebra Technologies Corporation (NASDAQ:ZBRA) price target from $300 to $375. TD Cowen analyst Joseph Giordano maintained a Buy rating. Zebra Technologies shares rose 4.9% to close at $314.56 on Tuesday. See how other analysts view this stock.
  • BMO Capital slashed McDonald’s Corporation (NYSE:MCD) price target from $335 to $330. BMO Capital analyst Andrew Strelzik maintained an Outperform rating. McDonald’s shares fell 0.2% to close at $273.04 on Tuesday. See how other analysts view this stock.
  • Needham raised the price target for CECO Environmental Corp. (NASDAQ:CECO) from $23 to $26. Needham analyst James Ricchiuti maintained a Buy rating. CECO Environmental shares fell 14.9% to close at $21.62 on Tuesday. See how other analysts view this stock.
  • TD Cowen cut Skyworks Solutions, Inc. (NASDAQ:SWKS) price target from $125 to $90. TD Cowen analyst Matthew Ramsay downgraded the stock from Buy to Hold. Skyworks Solutions shares fell 1.2% to close at $106.59 on Tuesday. See how other analysts view this stock.
  • Goldman Sachs cut Sirius XM Holdings Inc. (NASDAQ:SIRI) price target from $3.5 to $3.25. Goldman Sachs analyst Stephen Laszczyk upgraded the stock from Sell to Neutral. Sirius XM shares fell 7.3% to close at $2.94 on Tuesday. See how other analysts view this stock.
  • Piper Sandler slashed The Macerich Company (NYSE:MAC) price target from $17 to $11. Piper Sandler analyst Alexander Goldfarb downgraded the stock from Neutral to Underweight. Macerich shares fell 14.1% to close at $13.76 on Tuesday. See how other analysts view this stock.
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© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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