Uber To Rally Around 55%? Here Are 10 Other Analyst Forecasts For Wednesday

  • Rosenblatt boosted the price target for Lumentum Holdings Inc. LITE from $48 to $67. Rosenblatt analyst Mike Genovese maintained a Neutral rating. Lumentum shares fell 1.3% to $60.56 in pre-market trading.
  • Raymond James cut the price target for FedEx Corporation FDX from $280 to $270. Raymond James analyst Patrick Tyler Brown maintained an Outperform rating. FedEx shares fell 2.9% to $224.93 in pre-market trading.
  • HC Wainwright & Co. slashed the price target for Clene Inc. CLNN from $15 to $7. HC Wainwright & Co. analyst Joseph Pantginis maintained a Buy rating. Clene shares fell 2.5% to $0.9751 in pre-market trading.
  • Wedbush boosted Chipotle Mexican Grill, Inc. CMG price target from $2,200 to $2,300. Wedbush analyst Nick Setyan maintained an Outperform rating. Chipotle shares rose 0.8% to close at $2,049.80 on Tuesday.
  • Needham raised Snowflake Inc. SNOW price target from $180 to $216. Needham analyst Mike Cikos maintained a Buy rating. Snowflake shares rose 0.4% to $179.76 in pre-market trading.
  • Barclays boosted Tesla, Inc. TSLA price target from $220 to $260. Barclays analyst Dan Levy downgraded the stock from Overweight to Equal-Weight. Tesla shares rose 1.3% to $278.11 in pre-market trading.
  • Rosenblatt increased Coherent Corp. COHR price target from $41 to $55. Rosenblatt analyst Mike Genovese downgraded the stock from Buy to Neutral. Coherent shares fell 4.5% to $52.85 in pre-market trading.
  • Telsey Advisory Group cut the price target for NIKE, Inc. NKE from $140 to $135. Telsey Advisory Group analyst Joseph Feldman maintained an Outperform rating. NIKE shares rose 0.2% to $109.78 in pre-market trading.
  • Stifel lowered The Beauty Health Company SKIN price target from $17 to $10. Stifel analyst Jonathan Block downgraded the stock from Buy to Hold. Beauty Health shares fell 5.6% to $8.21 in pre-market trading.
  • Oppenheimer raised Uber Technologies, Inc. UBER price target from $55 to $65. Oppenheimer analyst Jason Helfstein maintained an Outperform rating. Uber shares fell 3.1% to close at $42.17 on Tuesday.
  • EF Hutton boosted Legacy Housing Corporation LEGH price target from $28 to $30. EF Hutton analyst Tim Moore maintained a Buy rating. Legacy Housing shares gained 2.6% to close at $21.58 on Tuesday.


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