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NIO To Rally Around 65%? Here Are 10 Top Analyst Forecasts For Friday

Author: Avi Kapoor | September 06, 2024 08:16am

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.

  • Needham cut the price target for Planet Labs PBC (NYSE:PL) from $7 to $5. Needham analyst Ryan Koontz maintained a Buy rating. Planet Labs PBC shares closed at $2.48 on Thursday. See how other analysts view this stock.
  • Baird slashed the price target for Methode Electronics, Inc. (NYSE:MEI) from $15 to $13. Baird analyst Luke Junk maintained a Neutral rating. Methode Electronics shares gained 2.8% to close at $10.34 on Thursday. See how other analysts view this stock.
  • HC Wainwright & Co raised Travere Therapeutics, Inc. (NASDAQ:TVTX) price target from $20 to $23. HC Wainwright & Co. analyst Ed Arce maintained a Buy rating. Travere Therapeutics shares fell 1.2% to close at $9.93 on Thursday. See how other analysts view this stock.
  • B of A Securities raised Samsara Inc. (NYSE:IOT) price target from $45 to $47. B of A Securities analyst Matt Bullock maintained a Buy rating. Samsara shares gained 0.2% to close at $38.75 on Thursday. See how other analysts view this stock.
  • Deutsche Bank boosted the price target for Hubbell Incorporated (NYSE:HUBB) from $431 to $441. Deutsche Bank analyst Nicole Deblase upgraded the stock from Hold to Buy. Hubbell shares fell 1.2% to close at $370.42 on Thursday. See how other analysts view this stock.
  • Goldman Sachs slashed Core & Main, Inc. (NYSE:CNM) price target from $57 to $50. Goldman Sachs analyst Joe Ritchie maintained a Neutral rating. Core & Main shares fell 3.6% to close at $38.00 on Thursday. See how other analysts view this stock.
  • BMO Capital raised UiPath Inc. (NYSE:PATH) price target from $14 to $15. BMO Capital analyst Keith Bachman maintained a Market Perform rating. UiPath shares rose 0.2% to close at $12.74 on Thursday. See how other analysts view this stock.
  • Oppenheimer increased the price target for Guidewire Software, Inc. (NYSE:GWRE) from $170 to $185. Oppenheimer analyst Ken Wong maintained an Outperform rating. Guidewire shares fell 2.1% to close at $143.93 on Thursday. See how other analysts view this stock.
  • Jefferies cut Bloom Energy Corporation (NYSE:BE) price target from $15 to $11. Jefferies analyst Lloyd Byrne downgraded the stock from Buy to Hold. Bloom Energy shares fell 1.3% to close at $11.03 on Thursday. See how other analysts view this stock.
  • JP Morgan boosted NIO Inc. (NYSE:NIO) price target from $5.3 to $8. JP Morgan analyst Nick Lai upgraded the stock from Neutral to Overweight. NIO shares gained 14.4% to close at $4.85 on Thursday. See how other analysts view this stock.

Considering buying Nio stock? Here’s what analysts think:

Posted In: BE CNM GWRE HUBB IOT MEI NIO PATH PL TVTX

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