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Analyst Ratings

AVGO

CIEN

DG

Several analyst forecasts were released on Friday, with price target changes for multiple companies. Notable changes include Needham raising the price target for Ciena Corporation from $50 to $60, Telsey Advisory Group cutting Dollar General Corporation's price target from $185 to $145, and Keybanc boosting the price target for Broadcom Inc. from $940 to $1000. Other companies affected include AppFolio, Kanzhun Limited, Lululemon Athletica, Aramark, PagerDuty, Papa John's International, Dell Technologies, and SentinelOne.

Portfolio Pulse from Lisa Levin

September 01, 2023 | 11:57 am

VRAX

Virax Biolabs Group Limited (NASDAQ:VRAX) has appointed Dr. Nigel McCracken as its new Chief Operating Officer (COO). Dr. McCracken, who has over 10 years of experience in diagnostics and has held operational roles at multinational healthcare companies including Abbott Laboratories, will succeed Mr. Cameron Shaw. Shaw is moving to Virax's Advisory Board. Dr. McCracken will lead the company's growth initiatives, including the expected near-term research-use-only launch of ViraxImmune™. Mark Ternouth, Virax's current Chief Technology Officer, will be joining the company's Board of Directors.

Portfolio Pulse from Happy Mohamed

September 01, 2023 | 11:48 am

S

Raymond James analyst Adam Tindle maintains a Strong Buy rating on SentinelOne (NYSE:S) and raises the price target from $20 to $22.

Portfolio Pulse from Benzinga Newsdesk

September 01, 2023 | 11:23 am

DELL

Raymond James analyst Simon Leopold has maintained an 'Outperform' rating on Dell Technologies (NYSE:DELL) and raised the price target from $50 to $68.

Portfolio Pulse from Benzinga Newsdesk

September 01, 2023 | 11:23 am

LULU

Raymond James analyst Rick Patel has maintained a Strong Buy rating on Lululemon Athletica (NASDAQ:LULU) and raised the price target from $438 to $440.

Portfolio Pulse from Benzinga Newsdesk

September 01, 2023 | 11:22 am

FERG

Raymond James analyst Sam Darkatsh has initiated coverage on Ferguson (NYSE:FERG) with an Outperform rating and a price target of $175.

Portfolio Pulse from Benzinga Newsdesk

September 01, 2023 | 11:21 am

AMD

NVDA

SSNLF

Nvidia Corp (NVDA) is expected to get relief from supply chain pressure as Samsung Electronics Co (SSNLF) has reportedly won the contract to supply advanced memory chips to Nvidia. This development could lead to improved cost-efficiency, enhanced performance, and a more consistent supply chain for Nvidia. Citigroup analysts have raised their price target for Samsung, reflecting the positive outlook on Samsung's trajectory as a critical supplier for Nvidia's memory requirements.

Portfolio Pulse from Anusuya Lahiri

September 01, 2023 | 11:19 am

AVGO

Rosenblatt analyst Hans Mosesmann maintains a 'Buy' rating on Broadcom (NASDAQ:AVGO) and raises the price target from $900 to $1000.

Portfolio Pulse from Benzinga Newsdesk

September 01, 2023 | 11:07 am

ESTC

Rosenblatt analyst Blair Abernethy has reiterated a 'Buy' rating on Elastic (NYSE:ESTC) and maintained a price target of $80.

Portfolio Pulse from Benzinga Newsdesk

September 01, 2023 | 11:05 am

CIEN

Rosenblatt analyst Mike Genovese has maintained a 'Buy' rating on Ciena (NYSE:CIEN) and raised the price target from $57 to $65.

Portfolio Pulse from Benzinga Newsdesk

September 01, 2023 | 11:04 am