From Alphastreet - Earnings Decoded. Market Intelligence Delivered · AlphaStreet Newsdesk · · 50s
Exponent Shares Jump After Wall Street Upgrades
Exponent stock surges 6.8% following UBS and JP Morgan price target increases.
In brief
Exponent stock surges 6.8% following UBS and JP Morgan price target increases. Exponent, Inc. shares rose 6.8% to $85.69 after UBS raised its target from $72 to $82 and JP Morgan increased its target from $90 to $100. Originally reported by Alphastreet - Earnings Decoded. Market Intelligence Delivered.
Exponent Shares Surge
Exponent, Inc. surged 6.8% on Monday, closing at $85.69 after Wall Street upgrades.
UBS and JP Morgan Upgrades
UBS raised target from $72 to $82 while maintaining Neutral; JP Morgan increased target from $90 to $100 and kept Overweight.
Market Reaction
Volume hit 307,991 shares as market cap reached $4.1 billion.
What to Watch
Investors should monitor if additional analysts follow suit and if Exponent delivers operational results.
The main idea
Exponent, Inc. shares rose 6.8% to $85.69 after UBS raised its target from $72 to $82 and JP Morgan increased its target from $90 to $100.
