Analysts revise ratings and price targets for Amazon, Caterpillar and Intel
AMZN•Wall Street analysts revised ratings and price targets for several U.S.-listed companies. HSBC raised Amazon’s target to $325 from $310, while analysts cut Caterpillar and Intel targets, including Jefferies’ reductions to $85 for Intel from $120 and JPMorgan’s cut to $1,000 for Caterpillar from $1,100.
1. Selected target changes
The research roundup listed multiple analyst actions across U.S.-listed companies. Amazon received mixed target changes: HSBC raised its target to $325 from $310, while Oppenheimer cut its target to $285 from $320 and TD Cowen cut to $340 from $350.
2. Caterpillar and Intel
Four firms cut Caterpillar’s target, with JPMorgan lowering it to $1,000 from $1,100. Four firms also cut Intel targets: Jefferies to $85 from $120, JPMorgan to $80 from $85, Piper Sandler to $90 from $110 and TD Cowen to $75 from $95.
