Streetbeat News

Price Targets

PDD

PDD Holdings shares are trading higher after multiple firms raised their respective price target on the stock following its Q1 results last week.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 12:19 pm

TSX:SFC

RBC Capital analyst Darko Mihelic maintains an Outperform rating on Sagicor Financial (TSX:SFC) but lowers the price target from C$8 to C$6.

Portfolio Pulse from richadhand@benzinga.com

May 30, 2023 | 12:17 pm

AAIC

JonesTrading analyst Jason Stewart reiterates a Buy rating on Arlington Asset Inv (NYSE:AAIC) and maintains a $5.5 price target.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 12:13 pm

MRVL

Marvell Technology's stock is trading higher after Goldman Sachs maintained a Buy rating and raised its price target from $46 to $60.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 12:13 pm

VRTX

Cantor Fitzgerald analyst Olivia Brayer reiterated an Overweight rating on Vertex Pharmaceuticals (NASDAQ:VRTX) and maintained a $365 price target.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 12:08 pm

MRK

Cantor Fitzgerald analyst Louise Chen has reiterated an Overweight rating on Merck & Co (NYSE:MRK) and maintained a $135 price target.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 12:06 pm

IAC

Over the past 3 months, 10 analysts have published their opinion on IAC (NASDAQ:IAC) stock, with an average 12-month price target of $79.8, up 7.84% from the previous average of $74. The ratings include 4 bullish, 5 somewhat bullish, and 1 indifferent.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 12:05 pm

PDD

Benchmark analyst Fawne Jiang maintains a Buy rating on PDD Holdings (NASDAQ:PDD) and raises the price target from $106 to $25.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 12:01 pm