Streetbeat News

Price Targets

HOTH

EF Hutton initiated coverage on Hoth Therapeutics with a Buy rating and a $14 price target.

Portfolio Pulse from Bill Haddad

May 31, 2023 | 8:37 pm

SOVO

Over the past 3 months, 11 analysts have published their opinions on Sovos Brands (NASDAQ:SOVO) stock, with 4 bullish and 7 somewhat bullish ratings. The average 12-month price target is $20.14, with a high of $24.00 and a low of $17.00. The average price target has increased by 10.36% over the past month.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 8:03 pm

ZBH

In the last 3 months, 16 analysts have offered 12-month price targets for Zimmer Biomet Holdings (NYSE:ZBH), with an average price target of $147.94, up 7.93% from the previous average of $137.07.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 8:01 pm

KLAC

In the last 3 months, 6 analysts have provided 12-month price targets for KLA Corporation (NASDAQ:KLAC), with an average target of $447.5, up 3.23% from the previous average of $433.50. The ratings include 3 bullish, 3 indifferent, and no bearish ratings.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 8:00 pm

AKBA

Akebia Therapeutics' stock has been upgraded from Neutral to Overweight by Piper Sandler, with the price target raised from $2 to $4.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 7:36 pm

AMBA

Ambarella (AMBA) reported better-than-expected Q1 earnings with an adjusted loss of 15 cents per share and revenue of $62.14 million. However, the company projected lower Q2 revenue of $60-64 million compared to estimates of $67.17 million. Several analysts lowered price targets, ranging from $70 to $100.

Portfolio Pulse from Ryan Gustafson

May 31, 2023 | 7:23 pm

TMUS

Recent unusual options activity shows a bearish stance on T-Mobile US (NASDAQ:TMUS), with 72% of investors having bearish expectations. Whales have been targeting a price range of $60 to $175 for T-Mobile US over the last 3 months. Tigress Financial and Deutsche Bank maintain their Buy ratings with price targets of $204 and $185, respectively.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 7:16 pm

ESTC

In the last 3 months, 6 analysts have offered 12-month price targets for Elastic (NYSE:ESTC), with an average price target of $74.5, up 3.11% from the previous average of $72.25.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 7:02 pm

AMD

NVDA

Citi analyst Atif Malik maintained a Buy rating on Nvidia with a price target of $420, highlighting the company's recent announcements at Computex 2023. Nvidia's new products and AI accelerator dominance could potentially tap into a $1 trillion+ accelerated computing TAM. Mercury data for 1Q23 shows Nvidia's significant gains in the client and data center markets compared to AMD.

Portfolio Pulse from Anusuya Lahiri

May 31, 2023 | 6:49 pm

USB

Unusual options activity has been observed in U.S. Bancorp (NYSE:USB), with 10 uncommon trades spotted, split between 30% bullish and 70% bearish sentiment. Whales have been targeting a price range of $22.5 to $32.5 for the stock over the last 3 months. Goldman Sachs maintains a Neutral rating on U.S. Bancorp with a price target of $32.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 6:46 pm