Telsey lowered its price target on Nike (NKE) to $125.00 from $130.00, while restating its outperform rating. Analysts expect mixed results for the first quarter of 23 with strong overall consumer demand for Nike products, driven by continued momentum in DTC and improved flow of products to wholesale accounts after shortages in early 2022, offset by continued challenges in China due to the COVID-19 shutdown.
SVB Leerink raised its price target on Lava Therapeutics NV (LVTX) to $28.00 from $25.00, while restating its superior rating.
Citi raised its price target in Wynn Resorts (WYNN) to $91.00 from $87.50, while it reiterated the buy rating.
Wedbush lowered its price target on Zillow Group (ZG) to $31.00 from $39.00, while restating its neutral rating.
Stifel raised the price target on Six Flags Entertainment (SIX) to $30.00 from $28.00, while repeating the buy rating, noting that lower physical attendance was priced in and 2023 should be a turning point.
By Davit Kerakossian
