Welcome to Extreme Investor Network, where we provide you with the latest and most valuable insights into the world of investing. Today, we’re diving into some exciting analyst calls and Wall Street chatter that could have a big impact on your investment decisions.
Goldman Sachs recently raised its price target on Tesla, sparking conversation about the electric vehicle maker’s future. Despite the price target increase, the firm still sees a decline for Tesla in the near future. Similarly, Barclays has hiked its target for pharmaceutical giant Eli Lilly, suggesting a potential 10% upside.
But that’s not all. Needham has upgraded Carvana to a buy rating from hold, anticipating more than a 25% upside ahead. This online car seller has been making waves with impressive profits, hinting at significant value creation in the long run.
Moving on to retail, Jefferies has named Walmart as a top pick due to its advancements in artificial intelligence and automation. Analysts believe there is substantial growth potential for the retail giant as it continues to invest in cutting-edge technology.
On the other hand, Piper Sandler sees Target as a safe play for investors with a longer-term horizon. While the retailer boasts exceptionally strong merchandising capabilities, some analysts believe there may be missing upside drivers in the near term.
Looking ahead, Barclays is bullish on Eli Lilly as the drugmaker prepares to release its quarterly earnings. Analysts anticipate a strong performance from the company and expect shares to gain nearly 10% in the upcoming period.
Overall, these analyst calls and market chatter provide valuable insights into potential investment opportunities and risks. Stay tuned to Extreme Investor Network for more updates on the latest trends and developments in the investing world.