Apple To Rally 15%? Here Are 10 Other Analyst Forecasts For Wednesday

Morgan Stanley raised the price target for Align Technology, Inc. (NASDAQ: ALGN) from $314 to $383. Morgan Stanley analyst Erin Wright maintained an Overweight rating. Align Technology shares fell 0.9% to $345.00 in pre-market trading.
  • Morgan Stanley raised the price target for Align Technology, Inc. (NASDAQ:ALGN) from $314 to $383. Morgan Stanley analyst Erin Wright maintained an Overweight rating. Align Technology shares fell 0.9% to $345.00 in pre-market trading.
  • Goldman Sachs cut the price target for The Mosaic Company (NYSE:MOS) from $78 to $70. Goldman Sachs analyst Brian Lee maintained a Buy rating. Mosaic shares fell 1.3% to $45.65 in pre-market trading.
  • Wedbush raised the price target for Western Alliance Bancorporation (NYSE:WAL) from $38 to $50. Wedbush analyst David Chiaverini upgraded the stock from Neutral to Outperform. Western Alliance Bancorporation shares fell 0.9% to close at $32.51 on Tuesday.
  • Wells Fargo cut Lockheed Martin Corporation (NYSE:LMT) price target from $422 to $419. Wells Fargo analyst Sarah Akers maintained an Underweight rating. Lockheed Martin shares rose 2.4% to close at $501.41 on Tuesday.
  • Keefe, Bruyette & Woods increased Bank of America Corporation (NYSE:BAC) price target from $28 to $29. Keefe, Bruyette & Woods analyst David Konrad maintained an Underperform rating. Bank of America shares fell 1.7% to $30.03 in pre-market trading.
  • Truist Securities boosted the price target for Intuitive Surgical, Inc. (NASDAQ:ISRG) from $300 to $325. Truist Securities analyst Richard Newitter maintained a Buy rating. Intuitive Surgical shares rose 0.2% to close at $269.28 on Tuesday.
  • RBC Capital boosted The Goldman Sachs Group, Inc. (NYSE:GS) price target from $339 to $375. RBC Capital analyst Gerard Cassidy maintained a Sector Perform rating. Goldman Sachs shares fell 1.1% to $330.10 in pre-market trading.
  • Rosenblatt raised Netflix, Inc. (NASDAQ:NFLX) price target from $343 to $357. Rosenblatt analyst Barton Crockett maintained a Neutral rating. Netflix shares fell 3% to $323.62 in pre-market trading.
  • Baird boosted Watsco, Inc. (NYSE:WSO) price target from $350 to $355. Baird analyst David Manthey maintained an Outperform rating. Watsco shares gained 2.1% to close at $318.51 on Tuesday.
  • JP Morgan increased Apple Inc. (NASDAQ:AAPL) price target from $175 to $190. JP Morgan analyst Samik Chatterjee maintained an Overweight rating. Apple shares fell 0.7% to $165.37 in pre-market trading.
  • B of A Securities boosted Meta Platforms, Inc. (NASDAQ:META) price target from $230 to $250. B of A Securities analyst Justin Post maintained a Buy rating. Meta shares fell 1.9% to $213.85 in pre-market trading.

Check This Out: Top 5 Tech And Telecom Stocks That May Explode This Month

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Prgoress Sees FY23 Non-GAAP Revenue $675M-$685M Vs $630.23M Est; FY23 Non-GAAP EPS $4.09-$4.17 Vs $4.35 Est; Sees Q1 2023 Non-GAAP Revenue $157M-$161M Vs $151.71M; Q1 2023 Non-GAAP EPS $1.04-$1.08 Vs $1.05 Est

2023 Business Outlook Progress provides the following guidance for the fiscal year ending November 30, 2023 and the fiscal first quarter ending February 28, 2023, together with actual results for the same periods in the fiscal year ending November 30, 2022:

PRGS