Top analysts have raised their price targets for several stocks, including Amazon, Mondelez International, MARA Holdings, Johnson Controls International, Starbucks, DICK'S Sporting Goods, Sysco Corporation, Booking Holdings, Armstrong World Industries, and Spotify Technology. Analysts expect Amazon to rally more than 8%, with Wedbush increasing its price target to $250.
Top analysts have raised their price targets for several key stocks, reflecting optimism in the market and strong performance from these companies. Among the notable increases, Amazon (AMZN) is expected to rally significantly, with Wedbush raising its price target to $250, an increase of over 8% from the current price of $231.01 [3].
Mondelez International (MDLZ) saw its price target increase from $79 to $88 by Bernstein, citing strong market demand for its snack products [1]. Similarly, MARA Holdings (MARA) saw its target rise from $19 to $26, reflecting optimism in the company's growth potential [1]. Starbucks (SBUX) also received a positive outlook, with BMO Capital raising its price target from $100 to $115 [3].
Other stocks that saw price target increases include DICK’S Sporting Goods (DKS), Sysco Corporation (SYY), Booking Holdings (BKNG), and Armstrong World Industries (AWI) [1]. Spotify Technology (SPOT), however, saw its price target decrease from $850 to $800, indicating caution on subscription growth [1].
Investors considering positions in these stocks should closely follow these analyst reports as they reflect the latest insights into market dynamics and company performance. With economic conditions still in flux, timely adjustments from market experts can provide crucial guidance.
References:
[1] https://www.benzinga.com/analyst-stock-ratings/price-target/25/07/46733620/amazon-to-rally-more-than-8-here-are-10-top-analyst-forecasts-for-wednesday
[3] https://investorshangout.com/latest-analyst-ratings-amazon-starbucks-and-more-on-the-rise-344658-/
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