Major Analyst Shifts and AMD's Potential for Growth

Latest Analyst Insights on Major Companies

In the world of finance, shifts in analyst perspectives can lead to significant changes in stock performance. Recently, several prominent Wall Street experts shared their revised outlooks on a number of major companies, resulting in both upgrades and downgrades that investors should consider.

Smurfit Westrock Plc (NYSE: SW)

Wells Fargo has increased the price target for Smurfit Westrock Plc from $46 to $52, reflecting a more optimistic view on the company. Analyst Gabe Hajde upgraded the stock from Equal-Weight to Overweight. Smurfit Westrock's shares closed at $40.31 in the previous trading session, showing some resilience.

Autoliv, Inc. (NYSE: ALV)

UBS has raised the price target for Autoliv, Inc. from $123 to $124, albeit with a downgrade in the stock's rating from Buy to Neutral. Despite the increase in target price, the stock closed at $127.38, which suggests mixed feelings among analysts regarding its future performance.

QuidelOrtho Corporation (NASDAQ: QDEL)

In a more cautious move, Citigroup has cut the price target for QuidelOrtho Corporation from $40 to $33 after downgrading it from Buy to Neutral. The stock closed at $29.60, reflecting concerns about the company's performance amidst changing market conditions.

SLM Corporation (NASDAQ: SLM)

JP Morgan is taking a more conservative stance with SLM Corporation, cutting its price target from $38 to $29 and downgrading the stock from Overweight to Neutral. SLM shares ended the day at $27.12, suggesting potential challenges ahead.

Rigetti Computing, Inc. (NASDAQ: RGTI)

On a positive note, Benchmark has substantially boosted the price target for Rigetti Computing, Inc. from $20 to an impressive $50. Analyst David Williams maintains a Buy rating as Rigetti's shares stood at $41.71 at market close, indicating strong potential for growth.

EOG Resources, Inc. (NYSE: EOG)

RBC Capital is also showing confidence in EOG Resources, increasing its price target from $140 to $145. Analyst Scott Hanold keeps an Outperform rating as EOG's stock settled at $110.45, a positive indicator of its robust operations.

Dollar Tree, Inc. (NASDAQ: DLTR)

Jefferies has significantly lowered the price target for Dollar Tree, Inc. from $110 to $70, downgrading the stock from Hold to Underperform. The shares closed at $87.68, reflecting growing concerns in the retail sector.

Advanced Micro Devices, Inc. (NASDAQ: AMD)

Exciting developments for Advanced Micro Devices, Inc. as Jefferies has raised its price target dramatically from $170 to $300. This bold upgrade from Hold to Buy reflects increased confidence in AMD's future, especially as the stock closed at $203.71, indicating a strong upward trend.

ABIVAX Société Anonyme (NYSE: ABVX)

BTIG has also raised its price target for ABIVAX Société Anonyme from $112 to $120, keeping a Buy rating as the stock settled at $86.67, suggesting a positive reception among investors.

American Express Company (NYSE: AXP)

JP Morgan raised the price target for American Express from $343 to $355 while maintaining a Neutral rating. The stock closed at $331.99, suggesting resilience in a competitive financial landscape.

As these companies navigate their respective markets, AMD's analyst upgrade reinforces its potential for growth in the tech sector. Keeping an eye on such analyst changes is crucial for informed investment decisions.

Frequently Asked Questions

What are the latest analyst upgrades for Advanced Micro Devices?

Jefferies has raised AMD's price target from $170 to $300, indicating increased confidence in its performance.

Which company did Wells Fargo upgrade recently?

Wells Fargo upgraded Smurfit Westrock Plc, raising its price target from $46 to $52.

What is the current stock price for Autoliv, Inc.?

As of the latest trading session, Autoliv's shares closed at $127.38.

What is the latest rating for QuidelOrtho Corporation?

Citigroup has downgraded QuidelOrtho from Buy to Neutral, cutting its price target to $33.

How does AMD compare to its competitors based on analyst ratings?

With a significant price target increase and recent upgrade to Buy status, AMD shows strong potential compared to its competitors.

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