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Today’s Important Price Target Changes

Published 10/17/2022, 05:59 PM
Updated 10/17/2022, 06:31 PM
© Reuters.  Today’s Important Price Target Changes
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By Davit Kirakosyan

Wedbush raised the price target on Roblox Corp (NYSE:RBLX) to $36.00 from $34.00 while maintaining a Neutral rating. Shares surged nearly 20% today after the company reported a strong jump in September daily active users (DAUs), which grew 23% year-on-year to 57.8 million.

Deutsche Bank raised the price target on UnitedHealth Group (NYSE:UNH) to $615.00 from $569.00 while reiterating its Buy rating.

BofA Securities lowered the price target on Beyond Meat Inc (NASDAQ:BYND) to $5.00 from $10.00 while maintaining an Underperform rating.

Goldman Sachs lowered the price target on Chipotle Mexican Grill (NYSE:CMG) to $1,840.00 from $1,845.00 while maintaining a Buy rating ahead of the upcoming Q3 results, scheduled to be announced on Oct 25. The analysts noted that a guajillo steak analysis and pricing study suggest tough compare but pricing power.

CFRA raised its price target on Moderna (NASDAQ:MRNA) to $178.00 from $165.00 while reiterating a Buy rating.

Scotiabank lowered the price target on Comcast Corp (NASDAQ:CMCSA) to $43.00 from $47.00 while maintaining a Sector Outperform rating.

MKM Partners raised the price target on EOG Resources Inc (NYSE:EOG) to $136.00 from $130.00 while maintaining a Buy rating.

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