This Analyst Cuts PT On Adobe, Plus Barclays Predicts $240 For FedEx


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  • Wells Fargo lowered the price target for Adobe Inc. (NASDAQ:ADBE) from $425 to $310. Adobe shares fell 1.2% to $296.04 in pre-market trading.
  • Mizuho boosted the price target on AvalonBay Communities, Inc. (NYSE:AVB) from $212 to $220. AvalonBay Communities shares rose 0.3% to close at $201.98 on Friday.
  • RBC Capital raised Clearwater Analytics Holdings, Inc. (NYSE:CWAN) price target from $16 to $20. Clearwater Analytics shares fell 2.8% to close at $15.77 on Friday.
  • Piper Sandler cut the price target on The Hain Celestial Group, Inc. (NASDAQ:HAIN) from $27 to $24. Hain Celestial shares fell 2.4% to close at $18.30 on Friday.
  • Morgan Stanley cut price target for NCR Corporation (NYSE:NCR) from $38 to $27. NCR shares fell 1.9% to $22.76 in pre-market trading.
  • SVB Leerink increased the price target on Intellia Therapeutics, Inc. (NASDAQ:NTLA) from $152 to $158. Intellia Therapeutics shares fell 1.1% to $65.00 in pre-market trading.
  • Barclays lowered the price target for FedEx Corporation (NYSE:FDX) from $320 to $240. FedEx fell 0.8% to $159.74 in pre-market trading.
  • BMO Capital cut the price target on Tronox Holdings plc (NYSE:TROX) from $21 to $16. Tronox fell 0.4% to close at $13.68 on Friday.
  • Keybanc raised the price target on Lennar Corporation (NYSE:LEN) from $60 to $89. Lennar shares rose 0.8% to $76.40 in pre-market trading.
  • Benchmark reduced the price target on MKS Instruments, Inc. (NASDAQ:MKSI) from $172 to $145. MKS Instruments shares fell 3% to $86.43 in pre-market trading.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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