News Formal

Too far, too fast: These stocks may be due for a pullback after exceeding analyst price targets

  • 📰 CNBC
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Our CNBC Pro screen found S&P 500 stocks with an implied downside of at least 3%.

Investors beware — a number of stocks have overshot analysts' price targets, and could be due for a pullback, according to CNBC Pro. In spite of multiple hurdles this year, stocks are still broadly higher. The S & P 500 has advanced 9.5%, while the tech-heavy Nasdaq Composite has surged 24%. The Dow Jones Industrial Average is an exception, down a fraction this year. Even so, there could be trouble ahead for a host of stocks.

In fact, Citi analyst Christopher Allen initiated coverage of the investment management firm this week with a sell rating, saying there's 9% downside, according to StreetAccount. Meanwhile, Advanced Micro Devices also turned up on this list, with 10% downside risk, according to consensus expectations of its price target. Slightly more than half, or 57%, of analysts have a buy rating on the stock.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 12. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

These are the cheapest tech stocks in the S&P 500CNBC Pro screened for companies with the lowest forward P/E ratios relative to the average in the S&P 500 tech sector.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »