Analysts Bullish on Tech and Consumer Stocks; Raise Price Targets for Alphabet, Accenture, Eaton, Netflix, Ulta Beauty, Nvidia and Meta
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Wells Fargo raised its price target for Alphabet (GOOGL) to $144 per share but kept its equal weight rating, citing its updated valuation assessment.
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Piper Sandler increased its price target for Accenture (ACN) to $394 per share but maintained a neutral rating, expecting second quarter results to meet expectations.
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BofA Securities reiterated a Buy rating for Eaton Corp (ETN) and lifted its price target to $325 per share, underscoring its confidence in Eaton's growth prospects.
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Loop Capital kept its Buy rating for Netflix (NFLX) while boosting its price target to $700 per share, reflecting its optimism in Netflix’s ability to innovate and gain streaming market share.
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Analysts see upside potential for stocks like Ulta Beauty (ULTA), Nvidia (NVDA), and Meta Platforms (META), buoyed by bullish recommendations.