Price Targets and Ratings Shift: Updates on Polestar, Barclays, Fiverr, and Allakos
- May 12th, 2023
- 217 views
In recent market updates, several notable companies have seen changes in their price targets and stock performance. Here's a breakdown of the latest developments:
Polestar Automotive Holding UK PLC (Nasdaq: PSNY) had its price target adjusted by Cantor Fitzgerald, with the new target set at $6, down from the previous $7. Meanwhile, in pre-market trading, $PSNY is currently trading at $3.55, showing a modest increase of $0.08 (+2.40%).
Barclays PLC (NYSE: BCS) received an upgrade from RBC Capital Markets, moving from a "Sector Perform" rating to an "Outperform" rating. This positive shift in sentiment has contributed to the stock's pre-market performance, with $BCS trading at $7.74, displaying a slight increase of $0.06 (+0.78%).
Fiverr International Ltd. (NYSE: FVRR) experienced a downward adjustment in its price target by Needham, which lowered the target to $40 from the previous $50. Currently $FVRR is trading at $28.09 in pre-market, showing a slight decrease of $0.04 (-0.14%).
On the other hand, Allakos Inc. (Nasdaq: ALLK) received positive news from Jefferies, as the company was upgraded from a "Hold" rating to a "Buy" rating. Additionally, Jefferies raised the price target to $9, up from the previous $6. This upgrade has had a significant impact on Allakos's pre-market performance, with $ALLK trading at $4.57, displaying a notable increase of $0.41 (+10.06%).
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)
Post Your Comments
Want To Find Some News?
Recent Posts
-
Micron Technology, Jabil, and Birkenstock Earnings Preview: What to Expect
December 15th, 2024Upcoming Earnings: Synopsys, AeroVironment, and nCino in Focus
December 01st, 2024Countdown to Earnings: Salesforce, Marvell Technology, and Okta Take the Stage
December 01st, 2024Fluence Energy, Agilent Technologies, and Woodward Earnings On Deck: A Preview
November 24th, 2024Earnings Preview: Walt Disney, Applied Materials, and Celcuity Take Center Stage
November 11th, 2024
Member Login