
Alibaba To Rally Around 15%? Here Are 10 Top Analyst Forecasts For Friday

Top Wall Street analysts have updated their price targets for several companies. Notably, Bernstein raised Alibaba's target from $167 to $200, maintaining an Outperform rating. Other significant changes include Stifel increasing C.H. Robinson's target from $111 to $144, and RBC Capital boosting Comerica's from $75 to $86. Analysts also adjusted targets for Magna, General Motors, Kulicke and Soffa, SharkNinja, Procter & Gamble, Applied Materials, and Phillips 66. Overall, these adjustments reflect analysts' evolving outlooks on these stocks as they prepare for Friday's trading.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
- Stifel raised C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) price target from $111 to $144. Stifel analyst J. Bruce Chan maintained a Buy rating. C.H. Robinson shares closed at $128.90 on Thursday. See how other analysts view this stock.
- Barclays raised the price target for Magna International Inc. (NYSE:MGA) from $45 to $52. Barclays analyst Dan Levy maintained an Equal-Weight rating. Magna shares closed at $44.54 on Thursday. See how other analysts view this stock.
- RBC Capital boosted Comerica Incorporated (NYSE:CMA) price target from $75 to $86. RBC Capital analyst Jon G. Arfstrom maintained an Outperform rating. Comerica shares closed at $80.21 on Thursday. See how other analysts view this stock.
- Barclays raised the price target for General Motors Company (NYSE:GM) from $73 to $77. Barclays analyst Dan Levy maintained an Overweight rating. GM shares closed at $55.94 on Thursday. See how other analysts view this stock.
- B. Riley Securities boosted the price target for Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) from $30 to $35. B. Riley Securities analyst Craig Ellis maintained a Neutral rating. Kulicke and Soffa shares closed at $40.88 on Thursday. See how other analysts view this stock.
- JP Morgan cut SharkNinja, Inc. (NYSE:SN) price target from $136 to $131. JP Morgan analyst Andrea Teixeira maintained an Overweight rating. SharkNinja shares settled at $89.30 on Thursday. See how other analysts view this stock.
- JP Morgan slashed The Procter & Gamble Company (NYSE:PG) price target from $170 to $163. JP Morgan analyst Andrea Teixeira maintained a Neutral rating. Procter & Gamble shares closed at $150.57 on Thursday. See how other analysts view this stock.
- Keybanc raised Applied Materials, Inc. (NASDAQ:AMAT) price target from $220 to $240. Keybanc analyst Steve Barger maintained an Overweight rating. Applied Materials shares closed at $220.30 on Thursday. See how other analysts view this stock.
- Jefferies increased the price target for Phillips 66 (NYSE:PSX) from $133 to $137. Jefferies analyst Lloyd Byrne maintained a Hold rating. Phillips 66 shares settled at $131.07 on Thursday. See how other analysts view this stock.
- Bernstein raised Alibaba Group Holding Limited (NYSE:BABA) price target from $167 to $200. Bernstein analyst Robin Zhu maintained an Outperform rating. Alibaba shares closed at $173.68 on Thursday. See how other analysts view this stock.
Considering buying BABA stock? Here’s what analysts think:
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