Recent Analyst Ratings: Alphabet Inc. and More Stocks Rise
Wall Street Analysts Update Ratings
In the ever-changing landscape of stock market, analysts play a significant role in shaping investor decisions. Recent outlook adjustments from top analysts provide insights into potential stock movements.
BancFirst Corporation Adjustments
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods has lowered the price target for BancFirst Corporation (NASDAQ: BANF) from $132 to $120. The analyst maintains a Market Perform rating as the stock closed at $112.93 recently.
Galaxy Digital's Price Target Increased
Rosenblatt
Rosenblatt has raised its price target for Galaxy Digital (NASDAQ: GLXY) from $35 to $44, maintaining a Buy rating. Shares of Galaxy Digital concluded trading on Friday at $37.78.
Healthcare Realty Trust Gets an Upgrade
Wells Fargo
Wells Fargo has increased its price target for Healthcare Realty Trust Incorporated (NYSE: HR) from $16 to $18. The stock received an upgrade from Underweight to Equal-Weight, closing at $18.60.
Liberty Energy's Forward Momentum
RBC Capital
RBC Capital has advanced its price target for Liberty Energy Inc. (NYSE: LBRT) from $13 to $15. The analyst maintained a Sector Perform rating, with shares closing at $15.32.
Ally Financial's Strong Performance
TD Cowen
TD Cowen has raised the price target for Ally Financial Inc. (NYSE: ALLY) from $43 to $50. The analyst has also upgraded the stock from Hold to Buy, with shares finishing at $39.82.
Parsons Corporation Boosts Confidence
Keybanc
Keybanc has raised the price target for Parsons Corporation (NYSE: PSN) from $87 to $93 while maintaining an Overweight rating. Shares settled at $82.74 on the last trading day.
Alphabet Inc. Price Target Increased
B of A Securities
For Alphabet Inc. (NASDAQ: GOOGL), B of A Securities has raised the price target from $252 to $280, maintaining a Buy rating. Alphabet shares closed recently at $253.30, suggesting positive sentiment around its market position.
Chipotle Mexican Grill's Target Review
Keybanc
Keybanc has cut the price target for Chipotle Mexican Grill, Inc. (NYSE: CMG) from $58 to $52, while keeping an Overweight rating. As of the last trading session, Chipotle shares closed at $41.86.
Caterpillar Inc. Sees Positive Changes
Barclays
Barclays has increased its price target for Caterpillar Inc. (NYSE: CAT) from $425 to $485, holding an Equal-Weight rating. The stock shares are trading around $527.08.
Lockheed Martin Corporation Rating Update
Bernstein
Bernstein has raised the price target for Lockheed Martin Corporation (NYSE: LMT) from $497 to $545. The Market Perform rating was maintained as shares closed at $495.15.
Summary of Analyst Trends in the Market
The adjustments made by these financial firms give a fresh perspective on how analysts view certain stocks in an evolving market. For investors considering purchasing stocks like GOOGL, ALY, and more, understanding these insights could be beneficial.
Frequently Asked Questions
What is the latest price target for Alphabet Inc.?
The latest price target for Alphabet Inc. (NASDAQ: GOOGL) is set at $280 by B of A Securities.
Which stock received a downgrade?
Chipotle Mexican Grill, Inc. (NYSE: CMG) had its price target reduced from $58 to $52 by Keybanc.
What is the current trading price of BancFirst Corporation?
BancFirst Corporation (NASDAQ: BANF) recently closed at $112.93.
Who raised the rating for Healthcare Realty Trust?
Wells Fargo upgraded Healthcare Realty Trust Incorporated (NYSE: HR) from Underweight to Equal-Weight.
How did Liberty Energy's price target change?
RBC Capital raised Liberty Energy Inc.'s (NYSE: LBRT) price target from $13 to $15.
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