Analyst Firms Adjust Price Targets Across Diverse Sectors: Microsoft, Food Service, and Industrials See Key Revisions

By / / Breaking News
  • Jefferies has actively adjusted price targets across a range of companies, including increases for SEB AB (SEB) to SEK 163 from SEK 161, Hochtief AG (HOT) to EUR 163 from EUR 153, Performance Food Group (PFGC) to $116 from $102, US Foods Holding Corp (USFD) to $95 from $89, and Brinker International (EAT) to $175 from $145. Conversely, Jefferies lowered targets for Handelsbanken (SHB) to SEK 106 from SEK 110 and Jack in the Box (JACK) to $22 from $25.
  • In a significant move for the tech sector, TD Cowen raised its price target on Microsoft (MSFT) to $580 from $540, reflecting continued strong analyst confidence in the software giant's performance and future prospects.
  • RBC boosted its price target for AAR Corp (AIR) to $85 from $75, signaling an optimistic outlook for the aerospace and defense contractor. This adjustment comes amid broader market interest in industrial and defense sectors.
  • Shake Shack (SHAK) received a mixed update from Jefferies, with the firm downgrading the stock to Underperform from Hold but simultaneously lifting its price target to $120 from $100. This indicates a cautious stance on the rating while acknowledging potential upside in valuation.
  • The adjustments by Jefferies across multiple food service companies, including Performance Food Group, US Foods Holding Corp, Jack in the Box, and Brinker International, highlight active re-evaluation of the restaurant and food distribution segments. These revisions suggest a nuanced view of the sector's varying dynamics and individual company outlooks.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. We are not financial professionals. The authors and/or site operators may hold positions in the companies or assets mentioned. Always do your own research before making financial decisions.
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