Streetbeat News

Analyst Ratings

CLVT

Oppenheimer analyst Owen Lau initiates coverage on Clarivate Plc (NYSE:CLVT) with an Outperform rating and a price target of $11. Lau believes the stock is oversold and has turnaround potential due to a new experienced management team and a resilient business model. The company expects organic growth to accelerate and revenue to reach $3 billion by 2025.

Portfolio Pulse from Nabaparna Bhattacharya

June 13, 2023 | 6:34 pm

NDAQ

Oppenheimer analyst Owen Lau reiterated an Outperform rating on Nasdaq, Inc. (NDAQ) with a price target of $65, following the acquisition of Adenza. Lau expects the deal to increase Nasdaq's recurring revenue, margin, and organic growth, and sees the recent sell-off as a buying opportunity for long-term investors.

Portfolio Pulse from Nabaparna Bhattacharya

June 13, 2023 | 6:31 pm

DG

EL

TGT

Target, Dollar General, and Estée Lauder hit new 52-week lows on Monday, while the S&P 500 continued to surge. Target faced downgrades and a social media boycott, Dollar General reported disappointing Q1 results and cut its outlook, and Estée Lauder experienced mixed Q3 results and slashed price targets.

Portfolio Pulse from Chris Katje

June 13, 2023 | 6:25 pm

ERJ

Analysts have provided ratings for Embraer (NYSE:ERJ) within the last quarter, with 2 bullish, 2 indifferent, and no bearish ratings. The average price target is $19.38, implying an upside from the current price of $16.51.

Portfolio Pulse from Benzinga Insights

June 13, 2023 | 6:02 pm

CPA

In the last quarter, Copa Holdings (NYSE:CPA) received 4 bullish and 1 somewhat bullish analyst ratings. The company's average 12-month price target is $140.8, up 11.39% from the previous average of $126.40.

Portfolio Pulse from Benzinga Insights

June 13, 2023 | 6:02 pm

BSM

Black Stone Minerals (NYSE:BSM) has received 1 somewhat bullish and 3 indifferent analyst ratings in the last quarter, with an average 12-month price target of $16.5, a 1.49% decrease from the previous average price target of $16.75.

Portfolio Pulse from Benzinga Insights

June 13, 2023 | 6:01 pm

NXPI

In the last quarter, analysts have provided 3 bullish and 5 indifferent ratings for NXP Semiconductors (NASDAQ:NXPI). The average 12-month price target is $196.88, with a high of $250.00 and a low of $165.00, increasing by 3.44% over the past month.

Portfolio Pulse from Benzinga Insights

June 13, 2023 | 6:01 pm

CPRI

In the last 3 months, 18 analysts have offered 12-month price targets for Capri Holdings (NYSE:CPRI), with an average price target of $51.11, a 13.59% decrease from the previous average price target of $59.15. The ratings include 6 bullish, 3 somewhat bullish, and 9 indifferent.

Portfolio Pulse from Benzinga Insights

June 13, 2023 | 6:01 pm

HES

In the last 3 months, 12 analysts have provided 12-month price targets for Hess Corporation (NYSE:HES), with an average target of $160.58, up 1.22% from the previous average of $158.64. The ratings include 1 bullish, 8 somewhat bullish, and 3 indifferent.

Portfolio Pulse from Benzinga Insights

June 13, 2023 | 6:00 pm

SMPL

Needham analyst Matt McGinley reiterated a Buy rating on Simply Good Foods Co (NASDAQ:SMPL) with a price target of $42. The analyst expects FY23 revenue and EBITDA growth to be weighted to 2H and sees potential for M&A due to the company's low leverage ratio.

Portfolio Pulse from Shivani Kumaresan

June 13, 2023 | 5:53 pm