Streetbeat News

Price Targets

RL

Ralph Lauren Corp (NYSE:RL) received an upgrade from Goldman Sachs, moving from 'neutral' to 'buy', with a price target increase from $280 to $286, due to its limited tariff exposure.

Portfolio Pulse from

March 18, 2025 | 2:45 pm

DVN

Siebert Williams Shank has lowered its price target for Devon Energy from $58 to $50 but still maintains a buy rating, implying a 42% upside for the stock.

Portfolio Pulse from

March 18, 2025 | 2:15 pm

STNDUSD

Standard Chartered has significantly reduced its year-end price target for Ether from $10,000 to $4,000, citing a continued structural decline in its value.

Portfolio Pulse from

March 18, 2025 | 1:30 pm

MU

Micron Technology's stock rating was downgraded from a strong buy to a buy due to disappointing guidance. However, long-term growth prospects remain strong, with potential EPS of $11-13 by fiscal 2026. Analysts suggest a 30-50% upside by 2025 and a potential price of $300-350 by 2030.

Portfolio Pulse from

March 18, 2025 | 1:30 pm

RIO

JP Morgan has resumed coverage of Rio Tinto with an 'overweight' rating and a price target implying a 20% upside, highlighting it as a top pick among EMEA diversified miners due to strong growth prospects and attractive valuation.

Portfolio Pulse from

March 18, 2025 | 12:30 pm

PDD

PDD Holdings' Q4 earnings preview highlights the growth driven by its Temu division, despite margin contraction. The company is investing in marketing and discounts to sustain growth, which may lead to further margin slippage. PDD is considered undervalued with a PE ratio of 10x and has significant upside potential with market consensus price targets of $147 for 2025 and $207 for 2026.

Portfolio Pulse from

March 18, 2025 | 12:15 pm

TSLA

RBC Capital Markets has reduced Tesla's price target from $440 to $320 due to lower expectations for its robotaxi and self-driving software. Despite this cut, the new target still suggests a 39% upside for Tesla's stock.

Portfolio Pulse from

March 18, 2025 | 12:00 pm

BAC

Germany's decision to set up a €500 billion infrastructure fund and a special defense fund has led to revised forecasts for the euro. Bank of America now predicts the EUR/USD will reach $1.15 by the end of 2025 and $1.20 by the end of 2026.

Portfolio Pulse from

March 18, 2025 | 11:30 am