Tesla To $303? Here Are 10 Top Analyst Forecasts For Wednesday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

  • Evercore ISI Group raised Mondelez International, Inc. MDLZ price target from $67 to $70. Evercore ISI Group analyst David Palmer maintained an Outperform rating. Mondelez shares closed at $68.29 on Tuesday. See how other analysts view this stock.
  • Barclays raised the price target for 3M Company MMM from $160 to $164. Barclays analyst Julian Mitchell maintained an Overweight rating. 3M shares closed at $136.33 on Tuesday. See how other analysts view this stock.
  • Jefferies cut Bristol-Myers Squibb Company BMY price target from $70 to $68. Jefferies analyst Akash Tewari maintained a Buy rating. Bristol-Myers Squibb shares closed at $49.82 on Tuesday. See how other analysts view this stock.
  • Canaccord Genuity cut the price target for Tesla, Inc. TSLA from $404 to $303. Canaccord Genuity analyst George Gianarikas maintained a Buy rating. Tesla shares closed at $237.97 on Tuesday. See how other analysts view this stock.
  • B of A Securities boosted the price target for FirstEnergy Corp. FE from $42 to $45. B of A Securities analyst Julien Dumoulin-Smith upgraded the stock from Underperform to Neutral. FirstEnergy shares closed at $42.71 on Tuesday. See how other analysts view this stock.
  • Baird cut Moody’s Corporation MCO price target from $575 to $525. Baird analyst Jeffrey Meuler maintained an Outperform rating. Moody’s shares settled at $429.87 on Tuesday. See how other analysts view this stock.
  • Redburn Atlantic slashed American Express Company AXP price target from $270 to $255. Redburn Atlantic analyst Harry Bartlett upgraded the stock from Sell to Neutral. American Express shares closed at $252.42 on Tuesday. See how other analysts view this stock.
  • Redburn Atlantic cut Chevron Corporation CVX price target from $156 to $124. Redburn Atlantic analyst Peter Low downgraded the stock from Neutral to Sell. Chevron shares closed at $137.30 on Tuesday.  See how other analysts view this stock.
  • Barclays cut the price target for Murphy Oil Corporation MUR from $32 to $24. Barclays analyst Betty Jiang downgraded the stock from Equal-Weight to Underweight. Murphy Oil shares settled at $21.39 on Tuesday. See how other analysts view this stock.
  • Telsey Advisory Group slashed Amazon.com, Inc. AMZN price target from $275 to $235. Telsey Advisory Group analyst Joseph Feldman maintained an Outperform rating. Amazon shares closed at $173.18 on Tuesday. See how other analysts view this stock.

Considering buying TSLA stock? Here’s what analysts think:

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Got Questions? Ask
Which consumer goods companies could benefit from MDLZ's growth?
How might 3M's price target increase impact suppliers?
What implications does Bristol-Myers Squibb face with a lowered price target?
Could Tesla's target cut affect EV competitors?
How will FirstEnergy's upgrade influence renewable energy stocks?
Which financial services might be affected by Moody's target cut?
How does American Express's downgrade impact consumer spending trends?
What could Chevron's downgrade mean for energy sector investments?
Are there alternative energy stocks to watch after Murphy Oil's downgrade?
What opportunities arise from Amazon's reduced price target?
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