NIO To Rally Around 65%? 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.

• Needham cut the price target for Planet Labs PBC PL from $7 to $5. Needham analyst Ryan Koontz maintained a Buy rating. Planet Labs PBC shares closed at $2.48 on Thursday. See how other analysts view this stock.
• Baird slashed the price target for Methode Electronics, Inc. MEI from $15 to $13. Baird analyst Luke Junk maintained a Neutral rating. Methode Electronics shares gained 2.8% to close at $10.34 on Thursday. See how other analysts view this stock.
• HC Wainwright & Co raised Travere Therapeutics, Inc. TVTX price target from $20 to $23. HC Wainwright & Co. analyst Ed Arce maintained a Buy rating. Travere Therapeutics shares fell 1.2% to close at $9.93 on Thursday. See how other analysts view this stock.
• B of A Securities raised Samsara Inc. IOT price target from $45 to $47. B of A Securities analyst Matt Bullock maintained a Buy rating. Samsara shares gained 0.2% to close at $38.75 on Thursday. See how other analysts view this stock.
• Deutsche Bank boosted the price target for Hubbell Incorporated HUBB from $431 to $441. Deutsche Bank analyst Nicole Deblase upgraded the stock from Hold to Buy. Hubbell shares fell 1.2% to close at $370.42 on Thursday. See how other analysts view this stock.
• Goldman Sachs slashed Core & Main, Inc. CNM price target from $57 to $50. Goldman Sachs analyst Joe Ritchie maintained a Neutral rating. Core & Main shares fell 3.6% to close at $38.00 on Thursday. See how other analysts view this stock.
• BMO Capital raised UiPath Inc. PATH price target from $14 to $15. BMO Capital analyst Keith Bachman maintained a Market Perform rating. UiPath shares rose 0.2% to close at $12.74 on Thursday. See how other analysts view this stock.
• Oppenheimer increased the price target for Guidewire Software, Inc. GWRE from $170 to $185. Oppenheimer analyst Ken Wong maintained an Outperform rating. Guidewire shares fell 2.1% to close at $143.93 on Thursday. See how other analysts view this stock.
• Jefferies cut Bloom Energy Corporation BE price target from $15 to $11. Jefferies analyst Lloyd Byrne downgraded the stock from Buy to Hold. Bloom Energy shares fell 1.3% to close at $11.03 on Thursday. See how other analysts view this stock.
• JP Morgan boosted NIO Inc. NIO price target from $5.3 to $8. JP Morgan analyst Nick Lai upgraded the stock from Neutral to Overweight. NIO shares gained 14.4% to close at $4.85 on Thursday. See how other analysts view this stock.

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