📆 Monday, September 08
🟢 Positive Ratings
BioNTech (BNTX) 🇺🇸(🇩🇪)🟢
Analyst: HC Wainwright reiterates as “BUY”
Price Target: $136
Canada Goose (GOOS) 🇺🇸(🇨🇦)⤴️🟢
Analyst: TD Cowen upgrades to “BUY”
Previously: “HOLD”
Price Target: $15
Ralph Lauren (RL) 🇺🇸🟢
Analyst: Wells Fargo raises price target on “OVERWEIGHT”
Price Target: $320 ⤴️ $345
Sanofi (SNY) 🇺🇸(🇫🇷)⤴️🟢
Analyst: Morgan Stanley upgrades to “OVERWEIGHT”
Previously: “EQUAL WEIGHT”
Price Target: $62
🟡 Neutral Ratings
n/a
🔴 Negative Ratings
n/a
Price Target (or target price): When an analyst sets a price target for a stock, he or she is trying to determine what the stock is worth and where the price will be in ~12 months. Ultimately, price targets depend on the valuation of the company issuing the stock. Analysts base their price targets usually on earnings forecasts and assumed valuation multiples. Price targets (especially average price targets) can be used to value stocks and may even be more useful than a stock analyst's rating.
🟢 = positive rating
🟡 = neutral rating
🔴 = negative rating
⤴️ = upgrade
⤵️ = downgrade
