Several Companies See Changes to Price Targets from Analysts
Recent news has seen analysts revising price targets for several companies. UBS Group's target was lowered, while others such as EOG Resources and MongoDB saw increases. Additionally, price targets for companies including Seagate, SPX Technologies, and Everest Group were also impacted.
The past day has seen a series of revisions to analysts' price targets, affecting several companies. For UBS Group (UBS.US), UBS lowered its price target to $186, down from an unspecified previous level.
In a positive development, EOG Resources (EOG.US) saw its price target increase at Goldman Sachs to $139, maintaining a neutral rating. Additionally, Citi raised its price target for MongoDB (MDB) to $450.
Other firms did not fare as well. For example, Analysts at Evercore ISI raised Seagate's price target, citing growth expectations for the company's HAMR technology. Meanwhile, Goldman Sachs increased the price target for SPX Technologies to an unspecified figure.
Separately, Raymond James raised Everest Group's stock price target after positive sentiment on capital returns.
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