Analyst ratings changes include AMD, Apple and MongoDB
By Benzinga
January 4, 2024
•2 min read
Wall Street analysts changed their ratings and price targets on top stocks including AMD AMD , Apple AAPL and MongoDB MDB .
- Jefferies raised Murphy USA’s MUSA price target from $375 to $425. Analyst Corey Tarlowe upgraded the stock from hold to buy.
- JP Morgan boosted the price target for American Express’s AXP from $167 to $205. Analyst Richard Shane upgraded the stock from neutral to overweight.
- Morgan Stanley raised the price target for Allstate’s ALL from $117 to $171. Analyst Michael Phillips upgraded the stock from equal-weight to overweight.
- Needham increased Equifax’s EFX price target from $230 to $305. Analyst Kyle Peterson maintained a buy rating.
- Evercore ISI Group boosted the price target for Five Below’s FIVE from $215 to $245. Analyst Michael Montani upgraded the stock from in-line to outperform.
- TD Cowen increased the price target for Merck & Co.’s MRK from $125 to $135. Analyst Steve Scala upgraded the stock from market perform to outperform.
- Keybanc raised Advanced Micro Devices’ price target from $140 to $170. Analyst John Vinh maintained an overweight rating.
- Piper Sandler cut Apple’s price target from $220 to $205. Analyst Harsh Kumar downgraded the stock from overweight to neutral.
- Piper Sandler boosted Micron Technology’s MU price target from $70 to $95. Analyst Harsh Kumar upgraded the stock from neutral to overweight.
- UBS cut MongoDB’s price target from $475 to $410. Analyst Karl Keirstead downgraded the stock from buy to neutral.
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