Streetbeat News

Price Targets

PANW

Over the past 3 months, 11 analysts have published their opinion on Palo Alto Networks (NASDAQ:PANW) stock, with an average 12-month price target of $234.27. The current average has increased by 6.73% from the previous average price target of $219.50.

Portfolio Pulse from Benzinga Insights

May 23, 2023 | 7:06 pm

CELH

In the last 3 months, 11 analysts have provided 12-month price targets for Celsius Holdings (NASDAQ:CELH), with an average price target of $125.36, up 8.77% from the previous average of $115.25. The company has received 5 bullish and 6 somewhat bullish ratings.

Portfolio Pulse from Benzinga Insights

May 23, 2023 | 7:05 pm

DKS

In the last 3 months, 20 analysts have offered 12-month price targets for Dick's Sporting Goods (NYSE:DKS), with an average price target of $161.8, a high of $200, and a low of $135. The average price target has increased by 12.99% over the past month.

Portfolio Pulse from Benzinga Insights

May 23, 2023 | 7:03 pm

SPOT

In the last quarter, Spotify Technology (NYSE:SPOT) received 8 bullish, 5 somewhat bullish, and 6 indifferent analyst ratings. The average 12-month price target for the company is $153.42, up 12.67% from the previous average of $136.17.

Portfolio Pulse from Benzinga Insights

May 23, 2023 | 7:01 pm

ICPT

Canaccord Genuity has lowered the price target for Intercept Pharmaceutical Inc (NASDAQ:ICPT) from $26 to $12 with a Hold rating, amid concerns over drug-induced liver injury (DILI) related to Ocaliva. The FDA has expressed concerns about the potential fatality of DILI. Needham also downgraded the stock from Buy to Hold.

Portfolio Pulse from Vandana Singh

May 23, 2023 | 6:53 pm

COIN

GBTC

Ark Invest CEO Cathie Wood predicts Bitcoin could reach $1 million by 2030, with the company's Big Ideas report forecasting a range of $258,500 to $1.48 million. Ark Invest has increased its holdings in ETFs like ARKW, ARKF, and ARKK, which have top holdings in Coinbase Global (NASDAQ:COIN) and Grayscale Bitcoin Trust (OTC:GBTC).

Portfolio Pulse from Chris Katje

May 23, 2023 | 6:50 pm

HIBB

Telsey Advisory Group analyst Cristina Fernández reiterated an Outperform rating on Hibbett, Inc. (NASDAQ:HIBB) but lowered the price target to $70 from $80. The analyst expects weakening demand for athletic footwear to hurt the company's 1Q earnings, but also notes that Hibbett faces less competition in many markets and has improved product allocations.

Portfolio Pulse from Nabaparna Bhattacharya

May 23, 2023 | 6:45 pm

BABA

Susquehanna analyst Shyam Patil maintains a Positive rating on Alibaba Group Holding Ltd (NYSE:BABA) but lowers the price target from $175 to $160. Alibaba faces pressure from macro and pandemic impacts, but cost discipline continues to pay off. The company's restructuring is seen as a potential long-term value driver.

Portfolio Pulse from Anusuya Lahiri

May 23, 2023 | 6:33 pm

MDT

A whale investor has taken a bearish stance on Medtronic (NYSE:MDT), with 72% of detected trades having bearish expectations. Whales have been targeting a price range of $83.0 to $97.5 for Medtronic over the last 3 months. Wells Fargo and Barclays have upgraded their ratings to Overweight with price targets of $100 and $104, respectively, while Truist Securities maintains a Hold rating with a $93 price target.

Portfolio Pulse from Benzinga Insights

May 23, 2023 | 6:31 pm

VQS

Zacks Small-Cap Research has set a $3 price valuation for VIQ Solutions, a technology company specializing in AI-driven transcription services.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 6:06 pm