Price Target Updates: Walmart, Globant, EyePoint Pharmaceuticals, TE Connectivity, ZTO Express, and Grab Holdings Experience Changes
- May 19th, 2023
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Several companies have seen changes in their price targets and ratings by various advisory groups and financial institutions. Here are the details:
Walmart Inc. (NYSE: WMT) has received price target increases from different sources. Telsey Advisory Group raised the target from $160 to $168, JP Morgan increased it from $155 to $157, and Citigroup raised it from $169 to $174. In pre-market trading, Walmart is currently valued at $151.00, experiencing a decrease of $0.47 (-0.31%).
Globant S.A. (NYSE: GLOB) has seen its price target raised by Piper Sandler from $204 to $207. In pre-market trading, the stock is priced at $153.00, reflecting an increase of $1.34 (+0.88%).
EyePoint Pharmaceuticals, Inc. (Nasdaq: EYPT) had its price target raised by Chardan Capital from $21 to $22. The stock is currently trading at $6.15 in pre-market, showing a rise of $0.02 (+0.33%).
TE Connectivity Ltd. (NYSE: TEL) received an upgrade from Credit Suisse, shifting its rating from Neutral to Outperform. Credit Suisse also raised the price target from $136 to $138. In pre-market trading, the stock is priced at $124.09, experiencing a gain of $1.00 (+0.81%).
ZTO Express (Cayman) Inc. (NYSE: ZTO) had its price target increased by BofA Securities from $36 to $39. In pre-market trading, the stock is valued at $29.11, showing an increase of $0.07 (+0.24%).
Grab Holdings Limited (Nasdaq: GRAB) had its price target raised by HSBC from $4.03 to $4.20. In pre-market trading, the stock is priced at $2.82, reflecting a gain of $0.08 (+2.73%).
These changes in price targets and ratings provide investors with insights into the outlook and potential value of these companies. Please note that the stock prices and pre-market movements mentioned here are for illustrative purposes and may not reflect the current market conditions at the time of reading.
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)
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