I don’t give much weight or credence to the analysts’ upgrades and downgrades, as they are usually months behind the stock price, but I admit it is somewhat reassuring when 8 of them come out and ALL raise their stock price targets immediately following a great quarterly earnings release. And far be it from me to complain if others follow them and start jumping into the investment. Frankly, I believe there is a LOT more upside to this company’s stock price than their estimates, or else I would not be invested in it.
BTIG raises price target to $103 from $97
Jefferies raises target price to $100 from $95
JP Morgan raises target price to $91 from $83
Morgan Stanley raises target price to $88 from $81
Needham raises target price to $105 from $75
Piper Sandler raises target price to $94 from $84
RBC raises target price to $100 from $85
Wells Fargo raises target price to $105 from $70
