Alibaba To Rally Around 11%? Here Are 10 Top Analyst Forecasts For Friday

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.

• Piper Sandler raised the price target for Globant S.A. GLOB from $238 to $240. Piper Sandler analyst Arvind Ramnani reiterated an Overweight rating. Globant shares gained 1.7% to close at $194.37 on Thursday. See how other analysts view this stock.
• Daiwa Capital increased the price target for Illumina, Inc. ILMN from $120 to $154. Daiwa Capital analyst Narumi Nakagiri upgraded the stock from Neutral to Buy. Illumina shares gained 5.3% to close at $128.80 on Thursday. See how other analysts view this stock.
• Piper Sandler boosted Microchip Technology Incorporated MCHP price target from $90 to $100. Piper Sandler analyst Harsh Kumar upgraded the stock from Neutral to Overweight. Microchip shares rose 4.1% to close at $81.30 on Thursday. See how other analysts view this stock.
• Morgan Stanley cut the price target for The Charles Schwab Corporation SCHW from $71 to $70. Morgan Stanley analyst Michael Cyprys maintained an Equal-Weight rating. Charles Schwab shares fell 0.2% to close at $65.23 on Thursday. See how other analysts view this stock.
• Telsey Advisory Group boosted Walmart Inc. WMT price target from $75 to $82. Telsey Advisory Group analyst Joe Feldman maintained an Outperform rating. Walmart shares gained 6.6% to close at $73.18 on Thursday. See how other analysts view this stock.
• Baird increased Amcor plc AMCR price target from $10 to $11. Baird analyst Ghansham Panjabi maintained a Neutral rating. Amcor shares gained 1.8% to close at $10.85 on Thursday. See how other analysts view this stock.
• Baird increased the price target for Alibaba Group Holding Limited BABA from $85 to $88. Baird analyst Colin Sebastian maintained an Outperform rating. Alibaba shares rose 0.1% to close at $79.54 on Thursday. See how other analysts view this stock.
• B of A Securities raised Deere & Company DE price target from $400 to $410. B of A Securities analyst Ross Gilardi maintained a Neutral rating. Deere shares gained 6.3% to close at $373.26 on Thursday. See how other analysts view this stock.
• Wells Fargo boosted Fox Corporation FOXA price target from $29 to $46. Wells Fargo analyst Steven Cahall upgraded the stock from Underweight to Overweight. Fox shares fell 0.2% to close at $38.99 on Thursday. See how other analysts view this stock.
• Benchmark cut JD.com, Inc. JD price target from $55 to $47. Benchmark analyst Fawne Jiang maintained a Buy rating. JD.com shares gained 4.3% to close at $27.00 on Thursday. See how other analysts view this stock.

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