TendieTensor TendieTensor
You’re browsing as
Guest
Free Preview
Sign in/sign up to unlock all features.

News  ›  Investing.com

Shares Down, Price Targets Up: 3 Stocks Upgraded After +10% Drops

Investing.com Logo Investing.com By Leo Miller
Shares Down, Price Targets Up: 3 Stocks Upgraded After +10% Drops

Three tech stocks (Allegro Microsystems, eBay, and Impinj) experienced significant stock price drops after earnings reports, but analysts remain bullish, raising price targets and suggesting potential investment opportunities.

Insights
BACpB   neutral

Mentioned as one of the sales agents and forward purchasers, playing a standard financial intermediary role


ALGM   neutral

Stock dropped 12% after earnings, but analysts raised price target by 16% to around $40, indicating potential undervaluation