Stocks
Analysts Reveal New Price Targets for Top Companies
Top analysts at various financial institutions have made significant changes to their price targets for several major companies. Apple Inc (NASDAQ:AAPL) is one of them, as B of A Securities slashed its price target from $380 to $370 while maintaining a Buy rating. The current share price of Apple stands at $315.34.
Baird also reduced the price target for Chewy Inc (NYSE:CHWY) from $30 to $28, with Baird analyst Justin Kleber holding an Outperform rating. The shares closed at $20.75 on Wednesday.
Additionally, Needham cut its price target for Cooper Companies Inc (NASDAQ:COO) from $86 to $73 while maintaining a Buy rating. Cooper Companies shares closed at $63.48 on Wednesday.