Analysts Raise Price Targets for Multiple Stocks

Citigroup has increased its price target for Adobe Inc. (ADBE) to $301 from $228, reflecting a positive outlook for the company. Other notable adjustments include HSBC raising its target for Aon plc (A) to $175 from $165 and for Danaher Corporation (DHR) to $250 from $230.

TD Cowen has also raised its price target for HubSpot Inc. (HUBS) to $285 from $220, while IQVIA Holdings Inc. (IQV) sees its target increased to $300 from $280 by HSBC. Additionally, JP Morgan has raised its target for ONEOK Inc. (OKE) to $106 from $95, and Scotiabank has adjusted its target for the same company to $95 from $89.

In contrast, several companies have experienced cuts to their price targets. Berenberg has lowered Autodesk Inc. (ADSK) to $333 from $335, and TD Cowen has reduced Oracle Corporation's (ORCL) target to $240 from $300. Coverage has also been initiated for various companies, with Truist Securities starting coverage on LPL Financial Holdings Inc. (LPLA) and Raymond James Financial Inc. (RJF) with a Hold rating.

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Source: KLEA News