Today's most important price target changes

Cowen lowered the price target on Paychex (NASDAQ: PAYX) to $130.00 from $132.00 while maintaining an Outperform rating following the Q2 earnings announcement.

Cantor Fitzgerald lowered the price target on PagSeguro (NYSE: PAGS) to $14.00 from $20.00 while maintaining an Overweight rating.

Citi lowered the price target on Splunk (NASDAQ: SPLK) to $105.00 from $118.00 while maintaining a Neutral rating.

Wells Fargo raised the price target on Under Armour, Inc. (NYSE: UAA) to $20.00 from $14.00 while maintaining an Overweight rating after the company announced the appointment of Stephanie Linnartz as President, CEO, and member of the board, effective February 27, 2023.

Morgan Stanley lowered the price target on Micron Technology (NASDAQ: MU) to $46.00 from $49.00 while maintaining an Underweight rating.

Baird lowered the price target on Shopify (NYSE: SHOP) to $45.00 from $50.00 while maintaining an Outperform rating.

By Davit Kirakosyan

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