Amazon.com To Rally Over 16%? Here Are 10 Other Analyst Forecasts For Wednesday

• Deutsche Bank cut the price target for Walgreens Boots Alliance, Inc. WBA from $46 to $34. Deutsche Bank analyst George Hill downgraded the stock from Buy to Hold. Walgreens shares fell 0.2% to $28.59 in pre-market trading.
• Canaccord Genuity cut the price target for Regeneron Pharmaceuticals, Inc. REGN from $953 to $720. Canaccord Genuity analyst John Newman downgraded the stock from Buy to Hold. Regeneron Pharmaceuticals shares fell 1% to $709.07 in pre-market trading.
• Daiwa Capital raised the price target for Uber Technologies, Inc. UBER from $42 to $51. Daiwa Capital analyst Jairam Nathan downgraded the stock from Buy to Outperform. Uber shares fell 1.4% to $43.24 in pre-market trading.
• Morgan Stanley lifted Advanced Drainage Systems, Inc. WMS price target from $107 to $114. Needham analyst Laura Martin maintained the stock with a Buy rating. Advanced Drainage shares fell 2% to $113.18 in pre-market trading.
• Needham increased Amazon.com, Inc. AMZN price target from $120 to $150. HC Wainwright & Co. analyst Heiko Ihle maintained a Buy rating. Amazon shares rose 1.5% to close at $129.18 on Tuesday.
• National Bank Financial Inc boosted Rogers Communications Inc. RCI price target from $76 to $79. National Bank Financial Inc analyst Adam Shine maintained an Outperform rating. Rogers Communications shares rose 3% to $46.52 in pre-market trading.
• Wells Fargo slashed American States Water Company AWR price target from $94 to $89. Wells Fargo analyst Jonathan Reeder downgraded the stock from Equal-Weight to Underweight. American States Water shares fell 0.3% to $85.90 in pre-market trading.
• Piper Sandler raised the price target for Snowflake Inc. SNOW from $194 to $210. Piper Sandler analyst Brent Bracelin maintained an Overweight rating. Snowflake shares rose 2.6% to $181.60 in pre-market trading.
• B of A Securities increased Saia, Inc. SAIA price target from $311 to $388. B of A Securities analyst Ken Hoexter upgraded the stock from Neutral to Buy. Saia shares rose 0.3% to $343.97 in pre-market trading.
• Wells Fargo boosted Pinterest, Inc. PINS price target from $23 to $34. Wells Fargo analyst Ken Gawrelski upgraded the stock from Equal-Weight to Overweight. Pinterest shares rose 3.1% to close at $26.40 on Tuesday.
• Truist Securities cut Prologis, Inc. PLD price target from $140 to $135. Truist Securities analyst Ki Bin Kim maintained a Buy rating. Prologis shares rose 1.6% to close at $120.87 on Tuesday.

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