10 Biggest Price Target Changes For Wednesday

• Piper Sandler boosted the price target for Adobe Inc. ADBE from $600 to $670. Adobe shares fell 3.5% to $623.50 in pre-market trading.
• Keybanc reduced the price target on FedEx Corporation FDX from $350 to $325. FedEx shares dropped 5.9% to $237.30 in pre-market trading.
• Barclays cut Stitch Fix, Inc. SFIX price target from $59 to $37. Stitch Fix shares rose 15.1% to $40.80 in pre-market trading.
• Stephens & Co. raised AutoZone, Inc. AZO price target from $1,700 to $1,850. AutoZone shares rose 3.7% to close at $1,643.07 on Tuesday.
• BTIG raised the price target for Thermo Fisher Scientific Inc. TMO from $610 to $700. Thermo Fisher Scientific rose 0.5% to $600.00 in pre-market trading.
• HC Wainwright & Co. lowered Verrica Pharmaceuticals Inc. VRCA price target from $24 to $20. Verrica Pharmaceuticals shares fell 2.6% to $10.74 in pre-market trading.
• B of A Securities cut Vale S.A. VALE price target from $27 to $20. Vale shares rose 3% to $16.36 in pre-market trading.
• Susquehanna raised the price target on Coherent, Inc. COHR from $160 to $273. Coherent shares gained 0.7% to close at $252.38 on Tuesday.
• Keybanc lifted United Rentals, Inc. URI price target from $390 to $405. United Rentals shares gained 0.2% to close at $330.26 on Tuesday.
• Goldman Sachs reduced the price target on Axcella Health Inc. AXLA from $9 to $5. Axcella Health shares fell 1.9% to $3.09 in pre-market trading.

Check out other big price target changes here