Prominent Analyst Updates on Leading Stocks: Veeva Systems, SoundHound AI, Zscaler, Bath & Body Works, Dell Technologies, Flywire Corporation, Hormel Foods, Autodesk, ACI Worldwide, and AvePoint
Barclays Raises Veeva Systems Price Target to $245 with Overweight Rating
Barclays analyst Saket Kalia increased the price target for Veeva Systems Inc. (NYSE: VEEV) from $240 to $245 while maintaining an Overweight rating. Veeva shares saw a marginal 0.1% rise, closing at $225.51 on Thursday.
DA Davidson Raises SoundHound AI Price Target to $7.5 with Buy Rating
DA Davidson analyst Gil Luria elevated the price target for SoundHound AI, Inc. (NASDAQ: SOUN) from $5 to $7.5 and upheld a Buy rating. SoundHound AI shares surged by 17%, closing at $7.42 on Thursday.
Bernstein Adjusts Zscaler Price Target to $280 with Outperform Rating
Bernstein analyst Peter Weed reduced Zscaler, Inc. (NASDAQ: ZS) price target from $311 to $280, maintaining an Outperform rating. Zscaler shares experienced a 2% increase, closing at $241.97 on Thursday.
Telsey Advisory Group Raises Bath & Body Works Price Target to $53 with Outperform Rating
Telsey Advisory Group analyst Dana Telsey increased the price target for Bath & Body Works, Inc. (NYSE: BBWI) from $50 to $53 and retained an Outperform rating. Bath & Body Works shares declined by 5.4%, closing at $45.70 on Thursday.
Bernstein Adjusts Dell Technologies Price Target to $120 with Outperform Rating
Bernstein analyst Toni Sacconaghi raised Dell Technologies Inc. (NYSE: DELL) price target from $90 to $120, maintaining an Outperform rating. Dell shares observed a 1.5% increase, closing at $94.66 on Thursday.
Morgan Stanley Raises Flywire Corporation Price Target to $30, Downgrades to Equal-Weight
Morgan Stanley analyst James Faucette increased the price target for Flywire Corporation (NASDAQ: FLYW) from $27 to $30 but downgraded the stock from Overweight to Equal-Weight. Flywire shares fell by 1.6%, closing at $28.39 on Thursday.
Goldman Sachs Adjusts Hormel Foods Price Target to $28 with Sell Rating
Goldman Sachs analyst Adam Samuelson raised Hormel Foods Corporation’s (NYSE: HRL) price target from $26 to $28 but maintained a Sell rating. Hormel Foods shares surged by 14.6%, closing at $35.32 on Thursday.
Piper Sandler Raises Autodesk Price Target to $260 with Neutral Rating
Piper Sandler analyst Clarke Jeffries elevated Autodesk, Inc. (NASDAQ: ADSK) price target from $234 to $260, sustaining a Neutral rating. Autodesk shares increased by 1.1%, closing at $258.17 on Thursday.
Canaccord Genuity Adjusts ACI Worldwide Price Target to $40 with Buy Rating
Canaccord Genuity analyst Joseph Vafi raised ACI Worldwide, Inc. (NASDAQ: ACIW) price target from $34 to $40, maintaining a Buy rating. ACI Worldwide shares gained 6.3%, closing at $32.91 on Thursday.
Evercore ISI Group Raises AvePoint Price Target to $10 with Outperform Rating
Evercore ISI Group analyst Kirk Materne increased AvePoint, Inc. (NASDAQ: AVPT) price target from $9 to $10 while sustaining an Outperform rating. AvePoint shares rose by 1.1%, closing at $8.00 on Thursday.
