Analysts have hiked price targets on these 5 stocks ahead of earnings next month

Analysts have hiked price targets on these 5 stocks ahead of earnings next month A large number of Wall Street analysts have turned bullish on five stocks ahead of their quarterly earnings reports. The U.S.-listed stocks are Costco , Amazon , Robinhood , Deckers Outdoors and Synchrony Financial .

Pro screened for Buy-rated stocks in the MSCI World Index that have received share price target upgrades from investment banks over the past seven days, with none lowering their expectations. These stocks are also due to report quarterly financial results over the next few weeks. Costco Since early November the retailer's share price has risen by more than 13%, blowing past analyst price targets.

's Jim Cramer also said that despite the stocks rally over the past few weeks, investors should "let it ride" high. line Amazon The Big Tech company's share price has risen nearly 50% this year and yet analysts believe the stock is set to rise further. Analysts from 13 investment banks — some with a bullish view on the future of artificial intelligence at Amazon — raised their price targets for Amazon shares in the past week. "We are incrementally confident in Cloud demand as Gen AI capabilities graduate beyond proof-of-concept as the ROI comes into view.

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