Top Wall Street analysts have made some changes to their outlook on certain companies. For a comprehensive view of all analyst rating changes, including upgrades and downgrades, please refer to our analyst ratings page.
– JP Morgan has lowered the price target for WEC Energy Group, Inc. (NYSE:WEC) from $90 to $84. Analyst Jeremy Tonet downgraded the stock from Neutral to Underweight. Despite this, WEC Energy shares managed to gain 1.3% and closed at $81.78 on Thursday.
– Citigroup has raised the price target for Macy’s, Inc. (NYSE:M) from $14 to $18. Analyst Paul Lejuez upgraded the stock from Sell to Neutral. As a result, Macy’s shares rose 0.8% and closed at $18.44 on Thursday.
– Needham has increased the price target for Hologic, Inc. (NASDAQ:HOLX) from $83 to $90. Analyst Mike Matson maintained a Buy rating. However, Hologic shares fell slightly by 0.1% and closed at $74.41 on Thursday.
– JP Morgan has raised the price target for Amazon.com, Inc. (NASDAQ:AMZN) from $190 to $225. Analyst Doug Anmuth maintained an Overweight rating. Amazon shares experienced a 2.6% increase and closed at $159.28 on Thursday.
– Raymond James has boosted the price target for Roper Technologies, Inc. (NYSE:ROP) from $572 to $620. Analyst Brian Gesuale maintained a Strong Buy rating. Consequently, Roper Technologies shares rose 1.6% and closed at $545.81 on Thursday.
– Telsey Advisory Group has increased the price target for Deckers Outdoor Corporation (NYSE:DECK) from $850 to $930. Analyst Dana Telsey maintained an Outperform rating. Deckers Outdoor shares gained 2.5% and closed at $772.85 on Thursday.
– BMO Capital has lowered the price target for Gold Fields Limited (NYSE:GFI) from $14 to $12. Analyst Andrew Kaip downgraded the stock from Market Perform to Underperform. However, Gold Fields shares still rose by 6.8% and closed at $15.81 on Thursday.
– Deutsche Bank has slashed the price target for New York Community Bancorp, Inc. (NYSE:NYCB) from $15 to $7. Analyst Bernard von-Gizycki downgraded the stock from Buy to Hold. Consequently, New York Community Bancorp shares dipped 11.1% and closed at $5.75 on Thursday.
– Needham has raised the price target for Microchip Technology Incorporated (NASDAQ:MCHP) from $85 to $90. Analyst Quinn Bolton maintained a Buy rating. Microchip Technology shares rose 0.6% and closed at $85.65 on Thursday.
– Stephens & Co. has boosted the price target for Lancaster Colony Corporation (NASDAQ:LANC) from $205 to $218. Analyst Jim Salera downgraded the stock from Overweight to Equal-Weight. As a result, Lancaster Colony shares jumped a significant 11% and closed at $204.04 on Thursday.
For more information, check out our article on Amazon, Apple, and three other stocks to watch heading into Friday.