Streetbeat News

Analyst Ratings

CSX

UBS analyst Thomas Wadewitz upgrades CSX (NASDAQ:CSX) from Neutral to Buy and raises the price target from $33 to $37.

Portfolio Pulse from richadhand@benzinga.com

June 01, 2023 | 12:47 pm

INTC

Intel Corporation (NASDAQ:INTC) shares moved higher on Wednesday amid the company's presentation at TD Cowen's 51st Annual Technology, Media & Telecom Conference. Intel saw a lot of option trading volume with four times more calls than puts. Traders expect Intel's shares to move higher by June expiration.

Portfolio Pulse from Priya Nigam

June 01, 2023 | 12:42 pm

CRM

Northland Capital Markets analyst Nehal Chokshi maintains a Market Perform rating on Salesforce (NYSE:CRM) and raises the price target from $181 to $210.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 12:42 pm

NTAP

Northland Capital Markets analyst Nehal Chokshi maintains an Outperform rating on NetApp (NASDAQ:NTAP) and raises the price target from $86 to $89.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 12:42 pm

CRM

Wedbush analyst Daniel Ives maintains an Outperform rating on Salesforce (NYSE:CRM) and raises the price target from $230 to $240.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 12:39 pm

CRM

Salesforce reported strong Q1 results with an 11% YoY increase in revenue to $8.25 billion, beating consensus estimates of $8.18 billion. Earnings per share were $1.69, surpassing estimates of $1.61. Despite the positive results, Salesforce's stock is trading lower. Several analysts have raised their price targets on the stock.

Portfolio Pulse from Adam Eckert

June 01, 2023 | 12:38 pm

PSTG

Wedbush analyst Matt Bryson maintains an Outperform rating on Pure Storage (NYSE:PSTG) and raises the price target from $34 to $39.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 12:37 pm

CRM

Loop Capital analyst Yun Kim maintains a Hold rating on Salesforce (NYSE:CRM) and raises the price target from $190 to $215.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 12:36 pm

NTAP

Wedbush analyst Matt Bryson maintains a Neutral rating on NetApp (NASDAQ:NTAP) and raises the price target from $70 to $75.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 12:33 pm

AAP

Wedbush analyst Seth Basham maintains a Neutral rating on Advance Auto Parts (NYSE:AAP) and lowers the price target from $115 to $80.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 12:33 pm