Streetbeat News

Price Targets

CTAS

In the last 3 months, 8 analysts have offered 12-month price targets for Cintas (NASDAQ:CTAS), with an average price target of $510.12, a high of $550.00, and a low of $419.00. The average price target has increased by 5.94% over the past month.

Portfolio Pulse from Benzinga Insights

June 01, 2023 | 8:00 pm

HRL

Hormel Foods Corporation (HRL) reported Q2 earnings per share of 40 cents, down from 48 cents YoY, and quarterly sales of $2.98 billion, below the analyst consensus estimate of $3.05 billion. The company reaffirmed its fiscal year 2023 guidance, and Barclays analyst Benjamin Theurer maintained an Equal-Weight rating, lowering the price target from $45 to $42.

Portfolio Pulse from Ryan Gustafson

June 01, 2023 | 7:51 pm

LULU

Lululemon Athletica (NASDAQ:LULU) is set to release its Q1 financial results after the market closes on Thursday. Analysts estimate earnings of $1.98 per share on revenues of $1.92 billion. Telsey Advisory Group analyst Dana Telsey reiterated an Outperform rating and maintained a $425 price target on Lululemon, suggesting a 30% upside.

Portfolio Pulse from Melanie Schaffer

June 01, 2023 | 7:08 pm

VSCO

Victoria's Secret & Co. (NYSE:VSCO) stock is trading lower after reporting lower Q1 earnings per share and worse-than-expected sales results. Multiple analysts have also lowered their price targets for the company.

Portfolio Pulse from Ryan Gustafson

June 01, 2023 | 6:47 pm

SMTC

Susquehanna analyst Christopher Rolland has reiterated a Neutral rating on Semtech Corporation (NASDAQ: SMTC) and lowered the price target to $25 from $30 ahead of Q1 earnings. The analyst expects inline results and softer guidance, with a more muted recovery in the Protection and Sensing segment and pricing pressure on LoRa products.

Portfolio Pulse from Nabaparna Bhattacharya

June 01, 2023 | 6:36 pm

DRI

Wedbush analyst Nick Setyan reiterated an Outperform rating on Darden Restaurants Inc (NYSE:DRI) and raised the price target from $165 to $175. FQ4 Olive Garden checks indicate same-store-sales growth of at least 4.7%, with improved guest counts, off-premise sales, and staffing levels. The analyst also raised LongHorn same-store sales growth estimate to 5% from 4%.

Portfolio Pulse from Shivani Kumaresan

June 01, 2023 | 6:20 pm

AI

In the last quarter, C3.ai (NYSE:AI) received 1 bullish, 4 somewhat bullish, 5 indifferent, and 3 somewhat bearish analyst ratings. The average 12-month price target is $27.54, up 27.68% from the previous average of $21.57.

Portfolio Pulse from Benzinga Insights

June 01, 2023 | 6:02 pm

MYNZ

Over the past 3 months, 4 analysts have published their opinion on Mainz Biomed (NASDAQ:MYNZ) stock, with an average 12-month price target of $14.25, down 28.75% from the previous average of $20.00. The company has received 3 bullish and 1 somewhat bullish ratings.

Portfolio Pulse from Benzinga Insights

June 01, 2023 | 6:01 pm

FSLR

In the last quarter, First Solar (NASDAQ:FSLR) received 5 somewhat bullish, 8 indifferent, 1 somewhat bearish, and 1 bearish analyst ratings. The average 12-month price target for the company is $214.1, with a high of $260 and a low of $157.56, increasing by 15.49% over the past month.

Portfolio Pulse from Benzinga Insights

June 01, 2023 | 6:00 pm

CRDO

MSFT

Mizuho analyst Vijay Rakesh reiterated a Buy rating on Credo Technology Group Holding Ltd (NASDAQ:CRDO) and raised the price target to $18 from $16. Credo's advanced SerDes analog design positions it well against competitors, and it could see multi-year adoption starting with Microsoft Corporation (NASDAQ:MSFT). Q4 earnings aligned with estimates, while sales surpassed expectations.

Portfolio Pulse from Nabaparna Bhattacharya

June 01, 2023 | 5:39 pm