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Shopify To Rally Around 12%? Here Are 10 Top Analyst Forecasts For Wednesday

Published 03/04/2024, 13:27
Updated 03/04/2024, 14:40
© Reuters.  Shopify To Rally Around 12%? Here Are 10 Top Analyst Forecasts For Wednesday

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.

  • Gordon Haskett cut the price target for Dollar Tree, Inc. (NASDAQ: DLTR) from $150 to $140. Gordon Haskett analyst Chuck Grom downgraded the stock from Buy to Hold. Dollar Tree shares fell 0.9% to close at $134.73 on Tuesday. See how other analysts view this stock.
  • JP Morgan increased the price target for SLM Corporation (NASDAQ: SLM) from $20 to $22. JP Morgan analyst Richard Shane maintained a Neutral rating. SLM shares fell 0.8% to close at $21.16 on Tuesday. See how other analysts view this stock.
  • Gordon Haskett slashed Five Below, Inc. (NASDAQ: FIVE) price target from $210 to $200. Gordon Haskett analyst Chuck Grom downgraded the stock from Buy to Accumulate. Five Below shares fell 4.3% to close at $171.13 on Tuesday. See how other analysts view this stock.
  • JP Morgan raised the price target for American Express Company (NYSE: AXP) from $214 to $240. JP Morgan analyst Richard Shane maintained an Overweight rating. American Express shares fell 0.9% to close at $225.53 on Tuesday. See how other analysts view this stock.
  • B of A Securities boosted Garmin Ltd. (NYSE: GRMN) price target from $120 to $165. B of A Securities analyst Ronald Epstein maintained a Neutral rating. Garmin shares fell 1.1% to close at $145.74 on Tuesday. See how other analysts view this stock.
  • Baird increased Shopify Inc. (NYSE: SHOP) price target from $85 to $87. Baird analyst Colin Sebastian maintained an Outperform rating. Shopify shares fell 0.1% to close at $78.12 on Tuesday. See how other analysts view this stock.
  • Telsey Advisory Group cut the price target for PVH Corp. (NYSE: PVH) from $155 to $140. Telsey Advisory Group analyst Dana Telsey maintained an Outperform rating. PVH shares fell 22.2% to close at $108.68 on Tuesday. See how other analysts view this stock.
  • Canaccord Genuity cut Nuvei Corporation (NASDAQ: NVEI) price target from $40 to $34. Canaccord Genuity analyst Joseph Vafi downgraded the stock from Buy to Hold. Nuvei shares fell 0.5% to close at $32.26 on Tuesday. See how other analysts view this stock.
  • Keefe, Bruyette & Woods raised Coinbase Global, Inc. (NASDAQ: COIN) price target from $160 to $230. Keefe, Bruyette & Woods analyst Kyle Voigt maintained a Market Perform rating. Coinbase shares fell 2.5% to close at $245.84 on Tuesday. See how other analysts view this stock.
  • HSBC cut Globant S.A. (NYSE: GLOB) price target from $275 to $270. HSBC analyst Phani Kanumuri maintained a Buy rating. Globant shares fell 2% to close at $197.72 on Tuesday. See how other analysts view this stock.
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Check This Out: Investor Sentiment Declines, Dow Falls For Second Session

Latest Ratings for SHOP

Feb 2022Morgan StanleyMaintainsEqual-Weight
Feb 2022Credit SuisseMaintainsNeutral
Feb 2022MizuhoMaintainsNeutral

View the Latest Analyst Ratings

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