Equities research analysts made significant adjustments to price targets for various stocks on November 18, highlighting notable shifts in market expectations. The revisions reflect changing outlooks on company performance and market conditions.
Analysts at Fundamental Research set a target price of C$13.00 for **Atrium Mortgage Investment** (TSE:AI), maintaining a buy rating on the stock. In contrast, **Alvotech** (NASDAQ:ALVO) saw its price target reduced by **UBS Group AG** from $13.00 to $10.00, while retaining a buy rating.
**Chimera Investment** (NYSE:CIM) experienced a similar adjustment, with UBS lowering its target price from $16.00 to $15.50. This change comes as the firm continues to hold a buy rating for the stock. Meanwhile, **Delek US** (NYSE:DK) benefitted from an increased target price from UBS, which rose from $31.00 to $42.00, although the firm has adopted a neutral stance on the stock.
Further adjustments were seen in **BRP** (TSE:DOO), where **National Bankshares, Inc.** raised its target price from C$101.00 to C$105.00. In the energy sector, **Enterprise Group** (TSE:E) received a target price of C$2.38 from analysts at Fundamental Research, who also rate the stock as a buy.
**Entergy** (NYSE:ETR) saw its target price increased from $91.00 to $106.00 by **Citigroup Inc.**, which currently holds a neutral rating on the stock. Conversely, **National Vision** (NASDAQ:EYE) had its target price lowered by UBS from $41.00 to $39.00, while maintaining a buy rating.
**Globant** (NYSE:GLOB) experienced a decrease in its target price as UBS reduced it from $75.00 to $70.00 while retaining a neutral rating. In the mining sector, **Hudbay Minerals** (TSE:HBM) saw its price target raised from C$23.00 to C$24.00 by **BMO Capital Markets**.
**Jazz Pharmaceuticals** (NASDAQ:JAZZ) received a substantial increase in its target price from **Wells Fargo & Company**, rising from $170.00 to $235.00, with the firm assigning an overweight rating. **Montage Gold** (CVE:MAU) also benefited from a target price increase from Canaccord Genuity Group Inc., which raised it from C$8.00 to C$9.00.
In contrast, **MFA Financial** (NYSE:MFA) had its target price trimmed from $10.50 to $10.25 by UBS, which maintains a buy rating. **MTY Food Group** (TSE:MTY) saw its price target boosted by **Scotiabank** from C$39.00 to C$41.00, reflecting a positive outlook.
**Energy Vault** (NYSE:NRGV) was assigned a target price of $5.19 by analysts at Fundamental Research, who rate the stock as a buy. In another significant move, **Natera** (NASDAQ:NTRA) had its target price increased from $218.00 to $280.00 by UBS, who currently holds a buy rating on the stock.
**Ovintiv** (NYSE:OVV) had mixed reviews, with Wells Fargo raising its target price from $38.00 to $42.00 while maintaining an equal weight rating. At the same time, Citigroup cut its forecast from $54.00 to $52.00, although they continue to rate the stock as a buy.
Finally, **Southern Silver Exploration** (CVE:SSV) was given a target price of C$0.87 by analysts at Fundamental Research, who also have a buy rating on the stock. These adjustments reflect the ongoing analysis and expectations of the market as firms respond to evolving economic conditions.
