Analysts have become more bullish on six stocks from around the world this week, raising their price targets. The list of upgraded stocks includes four U.S.-listed companies — Shift4 Payments , Semtech , Formula One Group , MacroGenics — as well as South Korean automaker Hyundai Motor and French retail technology giant Vusion . The price target changes come ahead of the next earnings season covering the first quarter of this year.
Pro screened for global stocks that have received price target upgrades from five or more analysts in the past seven days and have a potential upside of over 25%. MacroGenics Investment banks raised their price target for the biopharmaceutical firm MacroGenics this week, giving the stock upside potential of 83% over the next 12 months. The Rockville, Maryland-headquartered company, founded in 2000, researches and develops antibody-based therapeutics for cancer treatment.
line Meanwhile, investment firm Leerlink Partners, which specializes in healthcare and life science stocks, told clients that shares of MacroGenics could more than double over the next 12 months – the most bullish price target of all analysts polled by FactSet.
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