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AMZN

EBAY

ETSY

META

Oppenheimer analyst Jason Helfstein maintains Meta Platforms Inc (NASDAQ:META) with an Outperform rating, raising the price target from $285 to $350. Helfstein believes META's AI investments will drive higher pricing and engagement. META's AI tools could also compete more directly with marketplaces like eBay, Etsy, and Amazon, offering a $1.2 trillion revenue opportunity.

Portfolio Pulse from Anusuya Lahiri

June 05, 2023 | 7:04 pm

IMAB

In the last 3 months, 5 analysts have offered 12-month price targets for I-MAB (NASDAQ: IMAB), with an average price target of $24.4, a decrease of 32.22% from the previous average of $36.00.

Portfolio Pulse from Benzinga Insights

June 05, 2023 | 7:03 pm

DG

Loop Capital Markets analyst Anthony Chukumba has reiterated a Buy rating on Dollar General Corporation (NYSE:DG) but lowered the price target to $200 from $250. The company faces macroeconomic challenges such as high inflation, reduced US income tax refunds, and lower SNAP benefits. Dollar General recently reported worse-than-expected Q1 results and cut its FY23 sales growth outlook.

Portfolio Pulse from Nabaparna Bhattacharya

June 05, 2023 | 7:02 pm

CI

Whales have taken a bearish stance on Cigna Group (NYSE:CI), with 66% of detected trades being bearish. The price target for Cigna Group ranges from $170 to $300, and the stock is currently up 1.8% at $261.66. Wells Fargo, RBC Capital, Raymond James, and Deutsche Bank have maintained their ratings on the company.

Portfolio Pulse from Benzinga Insights

June 05, 2023 | 6:46 pm

ZS

Wells Fargo has raised its price target on Zscaler stock from $156 to $175, resulting in the shares trading higher.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2023 | 6:39 pm

EPAM

Needham analyst Mayank Tandon reiterated a Buy rating on EPAM Systems, Inc. (NYSE:EPAM) but lowered the price target to $275 from $325 due to sluggish demand. EPAM has slashed its Q2 and FY23 financial outlook, with clients becoming cautious about digital transformation spending. However, Tandon believes EPAM can return to 20%+ organic revenue growth by mid to late FY24 if economic conditions improve.

Portfolio Pulse from Nabaparna Bhattacharya

June 05, 2023 | 6:16 pm

CHRW

In the last 3 months, 7 analysts have offered 12-month price targets for C.H. Robinson Worldwide (NASDAQ:CHRW), with an average price target of $86.0, up 0.47% from the previous average of $85.60. The company has received 3 indifferent and 4 somewhat bearish ratings.

Portfolio Pulse from Benzinga Insights

June 05, 2023 | 6:02 pm

GDDY

RBC Capital Markets analyst Brad Erickson initiated coverage on GoDaddy Inc (NYSE:GDDY) with a Sector Perform rating and a price target of $80. Erickson is bullish on GDDY's core business, citing its buyback program as positive. However, he sees GDDY's lower-quality GUI and lack of scalability as concerns.

Portfolio Pulse from Lekha Gupta

June 05, 2023 | 6:02 pm

LEN

A whale investor has taken a bearish stance on Lennar (NYSE:LEN), with 70% of detected trades being bearish. Whales have been targeting a price range of $110 to $115 for Lennar over the last 3 months. Deutsche Bank downgraded Lennar to Sell with a price target of $105, while Barclays maintained their Overweight rating with a price target of $135.

Portfolio Pulse from Benzinga Insights

June 05, 2023 | 6:01 pm

RJF

In the last quarter, Raymond James Finl (NYSE:RJF) received 1 bullish, 1 somewhat bullish, and 4 indifferent analyst ratings. The average 12-month price target for RJF is $107.0, down 9.32% from the previous average of $118.00.

Portfolio Pulse from Benzinga Insights

June 05, 2023 | 6:00 pm