Streetbeat News

Analyst Ratings

ADBE

Adobe, Inc (NASDAQ:ABDE) is set to release its Q2 financial results, with analysts expecting EPS of $3.79 on revenues of $4.43 billion. JPMorgan analyst Sterling Auty maintained a Neutral rating on Adobe and raised the price target from $380 to $450. Three other analysts have also increased their price targets to between $470 and $530.

Portfolio Pulse from Melanie Schaffer

June 15, 2023 | 7:16 pm

FTNT

In the last quarter, analysts have provided mostly bullish ratings for Fortinet (NASDAQ:FTNT), with an average 12-month price target of $76.33, up 11.2% from the previous average of $68.64.

Portfolio Pulse from Benzinga Insights

June 15, 2023 | 7:02 pm

KALU

In the last 3 months, 4 analysts have provided 12-month price targets for Kaiser Aluminum (NASDAQ:KALU), with an average target of $74.75, representing a 14.08% decrease from the previous average of $87.00.

Portfolio Pulse from Benzinga Insights

June 15, 2023 | 7:02 pm

HIMS

Hims & Hers Health (NYSE:HIMS) has received 3 bullish and 4 indifferent analyst ratings in the last quarter. The average 12-month price target for the stock is $13.0, with a high of $18.00 and a low of $10.00. The average price target has increased by 6.12% over the past month.

Portfolio Pulse from Benzinga Insights

June 15, 2023 | 7:01 pm

MS

Over the past 3 months, 10 analysts have published their opinion on Morgan Stanley (NYSE:MS) stock, with an average 12-month price target of $97.8. The current average has decreased by 4.59% from the previous average price target of $102.50.

Portfolio Pulse from Benzinga Insights

June 15, 2023 | 7:01 pm

MSFT

In the last 3 months, 49 analysts have offered 12-month price targets for Microsoft, with an average price target of $339.82, a high of $420.00, and a low of $290.00. The average price target has increased by 9.06% over the past month.

Portfolio Pulse from Benzinga Insights

June 15, 2023 | 7:00 pm

BILL

Oppenheimer analyst Ken Wong reiterated an Outperform rating on BILL Holdings, Inc. (NYSE:BILL), citing upmarket demand and international growth as key drivers. The company has made progress in Canada and the UK with Payment and is working on combining the BILL and Divvy platforms into a single UI for businesses.

Portfolio Pulse from Nabaparna Bhattacharya

June 15, 2023 | 6:48 pm

ACN

Accenture's stock is trading higher following an upgrade from Piper Sandler, which changed its rating from Underweight to Neutral and increased its price target from $250 to $316.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 6:44 pm

CFLT

Guggenheim Securities analyst Howard Ma downgraded Confluent Inc (NASDAQ:CFLT) to Neutral from Buy and removed its price target post-investor day. The analyst is bearish on the management's lowered mid-term revenue growth target and believes the near-term upside from Flink and AI use cases are likely already priced into shares.

Portfolio Pulse from Lekha Gupta

June 15, 2023 | 6:44 pm

CGEM

Cullinan Oncology shares are trading higher after TD Cowen initiated coverage on the stock with an Outperform rating.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 6:40 pm