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A Snapshot of Potential Upsides: Oculis, Zscaler, MercadoLibre, FIGS, Home Depot, AMETEK

  • June 09th, 2023
  • 299 views

Oculis Holding AG (Nasdaq: OCS), a leading pharmaceutical company specializing in developing innovative therapies for ocular diseases, has been initiated with an Outperform rating and a price target of $58 by Robert W. Baird.

With $OCS closing at $11.50 on Thursday, the price target implies a significant potential upside of $46.50 or 404.35%, based on Robert W. Baird's analysis.

Zscaler, Inc. (Nasdaq: ZS), a renowned cloud security company offering comprehensive cybersecurity solutions, has also been initiated with an Outperform rating and a price target of $180 by Oppenheimer.

Despite $ZS closing at $148.82 on Thursday, Oppenheimer's price target suggests a notable potential upside of $31.18 or 20.94%.

MercadoLibre, Inc. (Nasdaq: MELI), a leading e-commerce and digital payments platform in Latin America, has received a price target raise from $1460 to $1500 by Citigroup.

With $MELI closing at $1,209.74 on Thursday, the adjusted price target indicates a potential upside of $290.26 or 23.96%, as per Citigroup's evaluation.

FIGS, Inc. (NYSE: FIGS), a popular healthcare apparel company, has received a price target raise from $8 to $10 by TD Cowen.

Despite $FIGS closing at $8.38 on Thursday, the raised price target suggests a potential upside of $1.62 or 19.34%, based on TD Cowen's assessment.

The Home Depot, Inc. (NYSE: HD), a leading home improvement retailer, has witnessed a price target raise from $325 to $345 by Wells Fargo.

With Thursday's closing price of $301.09, the adjusted price target indicates a potential upside of $43.91 or 14.57% for $HD, according to Wells Fargo's view.

AMETEK, Inc. (NYSE: AME), a global manufacturer of electronic instruments and electromechanical devices, has received a price target raise from $177 to $180 by DA Davidson.

Despite $AME closing at $150.41 on Thursday, the raised price target suggests a potential upside of $29.59 or 19.66%, as per DA Davidson's evaluation.

These price targets and potential upsides are derived from the analysis and projections of Robert W. Baird, Oppenheimer, Citigroup, TD Cowen, Wells Fargo, and DA Davidson, respectively, and serve as a reflection of their outlook on the companies. Investors and market participants should carefully consider these opinions and conduct their own research before making any investment decisions.

 

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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