Benzinga | Jan 3, 2022 08:20AM EST

10 Biggest Price Target Changes For Monday

* Wells Fargo cut the price target on Ross Stores, Inc. (NASDAQ:ROST) from $135 to $120. Ross Stores shares fell 0.4% to $113.80 in pre-market trading.

* Piper Sandler lifted McDonald's Corporation (NYSE:MCD) price target from $232 to $282. McDonald's shares rose 1.1% to $271.00 in pre-market trading.

* Barclays raised the price target on The PNC Financial Services Group, Inc. (NYSE:PNC) from $220 to $250. PNC Financial shares dropped 1.8% to $196.87 in pre-market trading.

* Deutsche Bank raised AvalonBay Communities, Inc. (NYSE:AVB) price target from $225 to $285. AvalonBay Communities shares rose 0.6% to $254.00 in pre-market trading.

* BMO Capital cut the price target on PayPal Holdings, Inc. (NASDAQ:PYPL) from $278 to $224. PayPal shares rose 2% to $192.30 in pre-market trading.

* HC Wainwright & Co. reduced Arcadia Biosciences, Inc. (NASDAQ:RKDA) price target from $7 to $6. Arcadia Biosciences shares gained 5.8% to $1.10 in pre-market trading.

* Piper Sandler reduced The Cheesecake Factory Incorporated (NASDAQ:CAKE) price target from $65 to $44. Cheesecake Factory shares fell 1.5% to close at $39.15 on Friday.

* JPMorgan raised the price target for Tesla, Inc. (NASDAQ:TSLA) from $250 to $295. Tesla shares gained 7% to $1,131.02 in pre-market trading.

* Mizuho raised the price target for Exelon Corporation (NASDAQ:EXC) from $55 to $57. Exelon shares rose 0.7% to close at $57.76 on Friday.

* Goldman Sachs cut Kingsoft Cloud Holdings Limited (NASDAQ:KC) price target from $37 to $18. Kingsoft Cloud shares fell 1.6% to $15.50 in pre-market trading.

Check out other big price target changes here