Streetbeat News

Price Targets

CRDO

Credo Technology Group reported better-than-expected Q4 revenue results and issued Q1 revenue guidance above estimates, leading to multiple analysts raising their price targets on the stock.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 4:54 pm

GWLIF

National Bank Financial Inc analyst Gabriel Dechaine maintains a Sector Perform rating on Great-West Lifeco (OTC:GWLIF) and raises the price target from C$38 to C$39.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 4:48 pm

PSTG

Pure Storage (NYSE:PSTG) reported better-than-expected Q1 financial results and issued Q2 revenue guidance of $680 million, beating the consensus of $656.13 million. Multiple analysts raised price targets following the company's quarterly results.

Portfolio Pulse from Erica Kollmann

June 01, 2023 | 4:48 pm

NTIOF

TD Securities analyst Mario Mendonca maintains a Hold rating on National Bank of Canada (OTC:NTIOF) and raises the price target from C$100 to C$105.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 4:45 pm

KLAC

A whale investor has taken a bullish stance on KLA Corporation (NASDAQ:KLAC), with options history showing 50% bullish and 50% bearish trades. Whales have targeted a price range of $290 to $530 for KLA over the last 3 months. UBS maintains a Neutral rating with a price target of $475.

Portfolio Pulse from Benzinga Insights

June 01, 2023 | 4:33 pm

CRM

Societe Generale analyst Richard Nguyen downgraded Salesforce (NYSE:CRM) from Buy to Hold and raised the price target from $227 to $230.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 4:22 pm

TGTX

HC Wainwright & Co. analyst Edward White reiterates a Buy rating on TG Therapeutics (NASDAQ:TGTX) and maintains a $34 price target.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 4:13 pm

PGR

Citigroup analyst Michael Ward reiterated a Sell rating on Progressive (NYSE:PGR) and raised the price target from $121 to $123.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 4:05 pm

PRU

Citigroup analyst Michael Ward has reiterated a Neutral rating on Prudential Financial (NYSE:PRU) and lowered the price target from $95 to $84.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 4:04 pm

DELL

A whale has taken a bearish stance on Dell Technologies (NYSE:DELL) with 54% of detected unusual options trades being bearish. The price target range for Dell Technologies over the last 3 months is $42.5 to $50.0. Evercore ISI Group and Morgan Stanley maintain their positive ratings with a price target of $55.

Portfolio Pulse from Benzinga Insights

June 01, 2023 | 4:04 pm