Streetbeat News

Analyst Ratings

TXT

Goldman Sachs analyst Noah Poponak has reaffirmed a Buy rating on Textron (NYSE:TXT) and maintained a price target of $98. Additionally, Textron has been added to Goldman Sachs' Conviction List, indicating a strong belief in the stock's potential.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 2:49 pm

PH

Goldman Sachs analyst Joe Ritchie has reaffirmed a Buy rating on Parker Hannifin (NYSE:PH) and maintained the price target of $551. Additionally, Parker Hannifin has been added to Goldman Sachs' Conviction List, indicating a strong belief in the stock's potential.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 2:45 pm

BA

Boeing Co (NASDAQ:BA) stock is trading lower after being removed from Goldman Sachs' Conviction List. Goldman Sachs also cut Bath & Body Works, Shift4 Payments, and AIG from the list, adding Parker Hannifan and Textron instead. The specific reason for Boeing's removal was not provided, but it could be due to a variety of factors such as lack of analyst conviction, price realization, played out catalysts, or better investment opportunities elsewhere. Despite the removal, Boeing still has 23 positive analyst ratings and an average price target of $218.63. Boeing's stock price was down 1.41% at $257.01 at the time of the article's publication.

Portfolio Pulse from Adam Eckert

January 02, 2024 | 2:45 pm

HUBS

Piper Sandler analyst Brent Bracelin has maintained an Overweight rating on HubSpot (NYSE:HUBS) and increased the price target from $610 to $630.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 2:44 pm

GLBE

Piper Sandler analyst Brent Bracelin has maintained an Overweight rating on Global E Online (NASDAQ: GLBE) and increased the price target from $45 to $50.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 2:42 pm

FRSH

Piper Sandler analyst Brent Bracelin has maintained an Overweight rating on Freshworks (NASDAQ:FRSH) and increased the price target from $24 to $28. This adjustment reflects a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 2:41 pm

EXFY

Piper Sandler analyst Brent Bracelin has maintained a Neutral rating on Expensify (NASDAQ:EXFY) and increased the price target from $2 to $3.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 2:39 pm

CRM

Piper Sandler analyst Brent Bracelin has maintained a Neutral rating on Salesforce (NYSE:CRM) but increased the price target from $266 to $285. This adjustment reflects a more optimistic valuation of Salesforce's stock, suggesting potential for moderate growth or stability.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 2:37 pm

ARM

DRI

ENFN

MU

TBBK

Wall Street's most accurate analysts have made new stock picks for 2023. Sumeet Mody of Piper Sandler sees a 3% increase in Enfusion, Inc. (ENFN) with a price target of $10. Ross Seymore of Deutsche Bank predicts a 7% downside for Arm Holdings plc (ARM) despite raising the price target to $70. Brian Bittner of Oppenheimer forecasts a 13% upside for Darden Restaurants, Inc. (DRI) with a $185 price target. Frank Schiraldi of Piper Sandler expects a 27% surge in The Bancorp, Inc. (TBBK) with a new price target of $51. Aaron Rakers of Wells Fargo sees an 11% upside in Micron Technology, Inc. (MU) with a price target of $95.

Portfolio Pulse from Avi Kapoor

January 02, 2024 | 2:35 pm

AYX

Piper Sandler analyst Brent Bracelin has maintained a Neutral rating on Alteryx (NYSE:AYX) and reduced the price target from $50 to $48.25.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 2:35 pm