Starbucks To Rally 11%? Here Are 10 Other Analyst Forecasts For Wednesday

• UBS cut Microsoft Corporation MSFT price target from $300 to $250. UBS analyst Karl Keirstead downgraded the stock from Buy to Neutral. Microsoft shares fell 2% to $234.73 in pre-market trading.
• Cowen & Co raised Starbucks Corporation SBUX price target from $104 to $112. Cowen & Co. analyst Andrew Charles maintained an Outperform rating on the stock. Starbucks gained 0.4% to $101.21 in pre-market trading.
• Wells Fargo cut Target Corporation TGT price target from $170 to $142. Wells Fargo analyst Edward Kelly downgraded the stock from Overweight to Equal-Weight. Target shares fell 1.4% to $149.58 in pre-market trading.
• Jefferies slashed the price target on The Boston Beer Company, Inc. SAM from $331 to $275. Jefferies analyst Kevin Grundy downgraded the stock from Hold to Underperform. Boston Beer shares fell 2.1% to close at $322.63 on Tuesday.
• Morgan Stanley raised NOV Inc. NOV price target from $21 to $24. Morgan Stanley analyst Connor Lynagh upgraded the stock from Equal-Weight to Overweight. NOV shares fell 5% to close at $19.85 on Tuesday.
• Goldman Sachs cut Northern Trust Corporation NTRS price target from $97 to $95. Goldman Sachs analyst Alexander Blostein downgraded the stock from Buy to Neutral. Northern Trust shares rose 1.5% to close at $89.78 on Tuesday.
• RBC Capital boosted Celanese Corporation CE price target from $98 to $125. RBC Capital analyst Arun Viswanathan upgraded the stock from Sector Perform to Outperform. Celanese shares rose 1.5% to $103.83 in pre-market trading.
• Keybanc raised Intuit Inc. INTU price target from $400 to $425. Keybanc analyst Josh Beck maintained an Overweight rating on the stock. Intuit shares rose 0.5% to close at $391.18 on Tuesday.
• HC Wainwright & Co. increased MediWound Ltd. MDWD price target from $5.5 to $23. HC Wainwright & Co. analyst Swayampakula Ramakanth maintained a Buy rating on the stock. MediWound shares fell 9% to $12.10 in pre-market trading.
• Jefferies increased Hayward Holdings, Inc. HAYW price target from $9.5 to $15. Jefferies analyst Saree Boroditsky upgraded the stock from Hold to Buy. Hayward Holdings shares rose 5.7% to close at $9.94 on Tuesday.
• Macquarie cut Warner Bros. Discovery, Inc. WBD price target from $18 to $16. Macquarie analyst Tim Nollen maintained an Outperform rating on the stock. Warner Bros. Discovery shares rose 1.1% to $9.64 in pre-market trading.

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