Analysts raised price targets on these 5 stocks ahead of next month’s earnings reports Many Wall Street analysts are turning bullish on these 5 stocks ahead of their quarterly earnings reports. U.S.-listed stocks include Costco, Amazon, Robinhood, Deckers Outdoors and Synchrony Financial. CNBC Pro screened the MSCI World Index for Buy-rated stocks that have received price target upgrades from investment banks over the past seven days, with none lowering their estimates. The stocks will also report quarterly financial results in the coming weeks. Costco Shares of the retailer have risen more than 13% since early November, beating analysts’ price targets. Over the past seven days, 15 analysts have further raised their price targets, demonstrating their long-term bullishness on the company. However, some are wary of the recent stock performance, especially after the company is scheduled to report earnings Thursday night. “As we look at the upcoming print releases, we see limited upside potential on the street data,” Oppenheimer’s Rupesh Parikh said in a note to clients on Dec. 9. The investment bank has a price target of $1,075 for the next 12 months. up 8.2%. “Stocks were trading mixed on the quarterly report, so if profit-taking materializes, we’ll take advantage of it. In terms of catalysts, we still see the potential for a stock split going forward.” CNBC’s Jim Cramer also said , even though stocks have risen over the past few weeks, investors should “keep it going higher.” CMCSA 1Y Line Amazon’s shares of the big tech company have risen nearly 50% this year, but analysts believe the stock will rise further. Analysts from 13 investment banks, some of whom are optimistic about Amazon’s artificial intelligence future, have raised their price targets on Amazon stock over the past week. “As ROI begins to emerge and next-generation artificial intelligence capabilities move beyond proof-of-concept, we are increasingly confident in cloud demand. Additionally, we believe AWS is on track to expand its capabilities, driven by its leadership in network cloud infrastructure. At the cusp of the accelerated growth of artificial intelligence cloud.
