Breaking News
Investing Pro 0
🙌 It's Here: the Only Stock Screener You'll Ever Need Get Started

Today’s most important price target changes

Stock Markets Jan 30, 2023 18:02
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters.
 
BA
+0.66%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
GOOGL
+2.81%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
SCHW
-0.17%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
LUV
+2.26%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
FBNC
+0.71%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
META
+1.97%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 

By Davit Kirakosyan

Wedbush raised its price target on SoFi Technologies Inc. (NASDAQ:SOFI) to $8.00 from $6.00 while maintaining an Outperform rating. Shares surged more than 12% today after the company reported better-than-expected Q4 results and offered a positive full-year forecast.

Jefferies raised its price target on Boeing (NYSE:BA) to $250 from $240, maintaining a Buy rating, citing the company’s Q4 results, highlighted by its positive FCF, as one reason for the price target lift. However, the firm acknowledged that commercial profitability remains elusive.

The firm added that the key is increasing production supporting deliveries, which rise to 561 and 713 in 2023 and 2024, up from 480 in 2022, which supports FCF increasing to $3.7 billion and $7.2B in 2023 and 2024, respectively.

Furthermore, the analyst states that Q4 MAX deliveries point to 2023 acceleration.

Jefferies raised the price target on Meta Platforms Inc. (NASDAQ:META) to $175.00 from $155.00 while maintaining a Buy rating. Meta, as well as a number of Big Tech stocks, fell today amid speculation of this week’s Fed decision. Meta shares were down around 3% today.

Deutsche Bank lowered the price target on Southwest Airlines Company (NYSE:LUV) to $52.00 from $56.00 while maintaining a Buy rating. Shares fell more than 2% today.

JPMorgan raised the price target on Caesars Entertainment (NASDAQ:CZR) to $67.00 from $60.00 while maintaining an Overweight rating. Shares closed more than 3% lower today.

Deutsche Bank lowered the price target on Charles Schwab Corp. (NYSE:SCHW) to $107.00 from $120.00 while maintaining a Buy rating.

KeyBanc lowered the price target on Alphabet (NASDAQ:GOOGL) to $117.00 from $118.00 while maintaining an Overweight rating. Shares closed more than 2% lower today.

Raymond James lowered the price target on First Bancorp (NASDAQ:FBNC) to $45.00 from $49.00 while maintaining an Outperform rating.

Want to get this news first? Upgrade to InvestingPro for real-time market coverage.

Today’s most important price target changes
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email