Analysts Revise Price Targets for Top US Stocks

Wall Street analysts have been busy updating their ratings and price targets for various US stocks. Among them, Jefferies analyst Jonathan Matuszewski has raised his target price for Home Depot (HD.US) to $398 from $361, while maintaining a buy rating.

Mizuho Securities analyst Gregg Moskowitz also raised his target price for Palo Alto Networks (PANW.US), this time to $415 from $305, with a buy rating intact. Meanwhile, Evercore analyst Amit Daryanani has increased his target price for Dell Technologies (DELL.US) to $550 from $500, while sticking with a buy recommendation.

However, not all updates were positive. Citi analyst Jason Bazinet adjusted his target price for Applovin (APP.US) downward to $600 from $650, despite maintaining a buy rating. UBS analyst Taylor McGinnis downgraded Intuit (INTU.US) to hold and reduced its target price to $360 from $440.