A group of people who study how much a company's stock is worth (called analysts) have different opinions on what the price should be. They look at many things, such as how well the company is doing and what other people think about it. Some of these people changed their minds and gave new prices for some companies you might have heard of, like Dell, Zscaler, Bath & Body Works, and Flywire. These changes are called "price target changes" or "PT Changes". Read from source...
- The title of the article is misleading and sensationalized. It implies that there will be a significant rally around 27% for Dell Technologies Inc., which is not supported by any evidence or analysis in the text. A more accurate title would be "Analysts' Forecasts for Friday: Mixed Results for Some Stocks" or something similar.
- The article does not provide any context or background information on why these forecasts are important, who are the analysts, and what are their track records. This makes it hard for readers to assess the credibility and relevance of the information presented.
1. Zscaler (ZS): Outperform and buy, price target of $260, 27% upside potential, strong growth in cloud security demand, cybersecurity spending to increase amid remote work and digital transformation, risk of increased competition and regulatory scrutiny.