This Analyst Cuts Price Target on Ford, General Motors; Also check out other major PT changes
JP Morgan cut the price target on Ford Motor Company F from $21 to $19. However, JP Morgan analyst Ryan Brinkman kept Ford overweight. Ford shares fell 0.6% to $12.77 in premarket trading. JP Morgan cut General Motors Company GM's target price from $64 to $61. However, JP Morgan analyst Ryan Brinkman maintained the stock with an overweight rating. GM shares fell 1.6% to $33.96 in premarket trading. Cowen & Co. cut Walmart Inc. WMT price target from $180 to $150. Shares of Walmart fell 9.3% to $119.80 in premarket trading. RBC Capital reduced the target price on F5, Inc. FFIV from $200 to $175. F5 shares rose 6.8% to $164.95 in premarket trading. Needham reduced the price target for Universal Display Corporation OLED from $165 to $140. Shares of Universal Display fell 0.9% to close at $112.86 on Monday. Goldman Sachs cut the price target on AMC Networks Inc. AMCX from $39 to $34. AMC Networks shares fell 4% to $31.00 in premarket trading.
Find This: Why Walmart Is Trading Down More Than 9%: Here Are 25 Stocks Moving before commercialization
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Find This: Why Walmart Is Trading Down More Than 9%: Here Are 25 Stocks Moving before commercialization
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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