Market selloff delivers upcoming price targets for 3 stocks

Pay attention to the following stocks approaching critical price targets: Janus Henderson Group plc, Williams-Sonoma, Inc., Carlisle Companies Incorporated are the ones to watch.

A quick recap of where the last trading session ended: Leading equity indices in the US declined as Dow Jones closed at 31,862, a 1.19% change. S&P 500 lost 1.1% and ended the session at 3,916.64.

What is a Price Target?

A "price target" is an estimate of the future price of a stock based on earnings forecasts and assumed valuation multiples. Price targets are typically generated by respected market analysts who believe a stock to be fairly valued relative to its projected and historical earnings. Target prices are used to evaluate stocks and can help investors evaluate the potential risk/reward profile of a stock. Check out this rundown of stocks and their price targets.

Janus Henderson Group plc's bearish run has lasted 16 days so far (-$3.29). Friday's session continued down the same path: during Friday's session, Janus Henderson toiled and struggled for upward momentum before closing at $25.11. By the close, the the multinational asset management firm suffered a 67 cents or 2.6% loss. Daily trading volume (4 million shares) was above the current multiday average of 1.17 million.

Having fallen $4.71 in 5 days, Friday's session continued the recent downtrend: during Friday's session, Williams-Sonoma toiled and struggled for upward momentum before closing at $116.86. By the close, the the consumer retail company suffered a $3.09 or 2.58% loss. Daily trading volume (3.70 million shares) was above the current multiday average of 953,391.

Carlisle Companies's bearish run has lasted 7 days so far (-$41.12). more of the same from Friday's session: during Friday's session, Carlisle Companies toiled and struggled for upward momentum before closing at $218.21. By the close, the the US manufacturing company suffered a $6.11 or 2.72% loss. Daily trading volume (1.40 million shares) increased, making up 411% of the 21-day average (341,160).