© Reuters. 5 Analyst Price Target Changes of Note
Telsey lowered the price target on Nike (NKE) to $125.00 from $130.00, while reiterating its Outperform rating. The analysts anticipate mixed Q1/23 results with overall solid consumer demand for Nike products, driven by ongoing momentum in DTC and improved product flow to wholesale accounts following shortages during early 2022, offset by ongoing challenges in China due to COVID-19 lockdowns.
SVB Leerink raised the price target on Lava Therapeutics NV (LVTX) to $28.00 from $25.00, while reiterating its Outperform rating.
Citi raised the price target on Wynn Resorts (WYNN) to $91.00 from $87.50, while reiterating its Buy rating.
Wedbush lowered the price target on Zillow Group (ZG) to $31.00 from $39.00, while reiterating its Neutral rating.
Stifel raised the price target on Six Flags Entertainment (SIX) to $30.00 from $28.00, while reiterating its Buy rating, noting that material attendance declines are priced in and 2023 should be a turning point.
By Davit Kirakosyan
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