With the trading day more than halfway over, the broad markets were seeing another round of gains on Tuesday. At this rate, markets are on track for all-time highs. This is all ahead of the Federal Reserve’s Jackson Hole Symposium this weekend.
24/7 Wall St. is reviewing some big analyst calls seen on Tuesday. We have included the latest analyst call on each stock, as well as a recent trading history and the consensus targets among analysts.
For those that might have missed it, 24/7 Wall St. had an earlier round of analyst calls on Tuesday that included Bath & Body Works, Cummins, Coinbase, Steel Dynamics and more.
Bilbili Inc. (NASDAQ: BILI): Goldman reiterated a Buy rating and cut its price target to $105 from $122. Shares traded near $77 on Tuesday, in a 52-week range of $40.40 to $157.66.
MaxCyte Inc. (NASDAQ: MXCT): Stifel initiated coverage with a Buy rating and an $18 price target. BTIG started it with a Buy rating and a $22 price target, and Wedbush started it at Outperform with a $36 price target. The stock traded near $14 on Tuesday, in a 52-week range of $13.77 to $17.44.
Omega Therapeutics Inc. (NASDAQ: OMGA): Goldman Sachs started with a Neutral rating and a $22 price target. Piper Sandler initiated coverage with an Overweight rating and a $30 price target. Wedbush initiated coverage with an Outperform rating and a $36 price target. The stock was changing hands near $22 a share on Tuesday, in a 52-week range of $15.50 to $24.29.
Palo Alto Networks Inc. (NYSE: PANW): Oppenheimer reiterated an Outperform rating and raised the price target to $475 from $450. Raymond James reiterated an Outperform rating and raised the price target from $410 to $450. Mizuho reiterated a Buy rating and raised its target to $525 from $475. The stock traded near $446 on Tuesday, in a 52-week range of $219.34 to $446.74.
Ranpack Holdings Corp. (NYSE: PACK): Goldman Sachs initiated coverage with a Neutral rating and a $32 price target. The stock was changing hands near $32 a share on Tuesday, in a 52-week range of $8.41 to $32.80.
Victoria’s Secret & Co. (NYSE: VSCO): Morgan Stanley downgraded the stock to Equal Weight from Overweight and has a $76 price target. The shares were trading near $70 on Tuesday, and the 52-week range is $47.97 to $76.00.
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