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Benzinga
Benzinga
Business
Lisa Levin

This Analyst Lowers Price Targets On Visa, Mastercard, American Express; Here's The Biggest Price Target Changes For Wednesday

American Express Mastercard Visa Moelis NYSE UBS Piper Sandler
  • UBS cut Moelis & Company (NYSE:MC) price target from $54 to $40. Moelis shares rose 3% to close at $40.84 on Tuesday.
  • DA Davidson raised Grocery Outlet Holding Corp. (NASDAQ:GO) price target from $36 to $43. Grocery Outlet shares fell 1% to $42.66 in pre-market trading.
  • Piper Sandler cut the price target on Mastercard Incorporated (NYSE:MA) from $357 to $298. Mastercard shares fell 0.3% to $318.37 in pre-market trading.
  • Piper Sandler cut the price target on Visa Inc. (NYSE:V) from $239 to $204. Visa shares dropped 0.4% to $199.83 in pre-market trading.
  • Barclays reduced SAP SE (NYSE:SAP) price target from $142 to $108. SAP shares rose 1.4% to $90.36 in pre-market trading.

Check out this: Markets Looking For Recession-Related Comments From Fed, Here's The Major Macro Issues For Wednesday

  • Stifel cut Kornit Digital Ltd. (NASDAQ:KRNT) price target from $100 to $50. Kornit Digital shares fell 24.3% to $23.89 in pre-market trading.
  • Baird cut Littelfuse, Inc. (NASDAQ:LFUS) price target from $289 to $269. Littelfuse shares rose 1% to close at $250.88 on Tuesday.
  • Raymond James reduced the price target for CME Group Inc. (NASDAQ:CME) from $254 to $235. CME Group shares rose 0.1% to close at $204.36 on Tuesday.
  • Piper Sandler lowered price target for American Express Company (NYSE:AXP) from $202 to $163. American Express shares fell 0.1% to $139.50 in pre-market trading.
  • Citigroup raised the price target on Helmerich & Payne, Inc. (NYSE:HP) from $44 to $49. Helmerich & Payne shares fell 7.5% to close at $40.25 on Tuesday.

Don’t forget to check out our premarket coverage here .

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