HC Wainwright Slashes PT On This Stock By 50%; Here Are 5 Other Price Target Changes For Tuesday

  • HC Wainwright & Co. cut the price target on Mind Medicine (MindMed) Inc. MNMD from $10 to $5. HC Wainwright & Co. analyst Patrick Trucchio maintained the stock with a Buy rating. Mind Medicine shares rose 2.3% to $0.7164 in pre-market trading.
  • Raymond James raised Public Storage PSA price target from $365 to $380. Raymond James analyst Jonathan Hughes, however, downgraded the stock from Strong Buy to Outperform. Public Storage shares fell 0.4% to $354.00 in pre-market trading.
  • Truist Securities cut Simon Property Group, Inc. SPG price target from $130 to $125. However, Truist Securities analyst Ki Bin Kim maintained a Hold rating on the stock. Simon Property shares rose 0.5% to $113.80 in pre-market trading.
  • Needham raised Navitas Semiconductor Corporation NVTS price target from $6 to $8. Needham analyst Quinn Bolton maintained a Buy rating on the stock. Navitas Semiconductor shares rose 3.6% to $6.38 in pre-market trading.
  • JP Morgan lowered Rackspace Technology, Inc. RXT price target from $7 to $5. JP Morgan analyst Tien-Tsin Huang also downgraded the stock from Neutral to Underweight. Rackspace Technology fell 3.3% to $5.63 in pre-market trading.
  • BMO Capital cut Park Hotels & Resorts Inc. PK price target from $21 to $18. BMO Capital analyst Ari Klein also downgraded the stock from Outperform to Market Perform. Park Hotels shares fell 0.9% to close at $15.90 on Monday.

Check out this: U.S. Stock Futures Edge Lower Ahead Of Walmart, Home Depot Earnings

Market News and Data brought to you by Benzinga APIs
Price Target
Posted In: NewsPenny StocksPrice TargetSmall CapPre-Market OutlookMarketsAnalyst RatingsPrice Target Changes
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!