Streetbeat News

Price Targets

AMZN

BABA

BIDU

TCEHY

Alibaba plans to fully spin out its $12 billion cloud business, which analysts value at over $30 billion. The cloud division has been losing market share to rivals amid China's tech sector crackdown. Analysts have mixed opinions on the move, with some lowering their price targets for Alibaba stock.

Portfolio Pulse from Anusuya Lahiri

May 19, 2023 | 1:29 pm

PRFT

Barrington Research analyst Vincent Colicchio reiterated an Outperform rating on Perficient (NASDAQ:PRFT) and maintained an $85 price target.

Portfolio Pulse from richadhand@benzinga.com

May 19, 2023 | 1:27 pm

COUR

In the last 3 months, 10 analysts have provided 12-month price targets for Coursera (NYSE:COUR), with an average price target of $17.5, up 3.67% from the previous average of $16.88. The ratings include 3 bullish, 5 somewhat bullish, and 2 indifferent.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 1:06 pm

MXL

Exane BNP Paribas analyst Karl Ackerman has upgraded MaxLinear (NASDAQ:MXL) from Underperform to Neutral and announced a $30 price target.

Portfolio Pulse from richadhand@benzinga.com

May 19, 2023 | 1:04 pm

WEN

Argus Research analyst John Staszak has upgraded Wendy's (NASDAQ:WEN) from Hold to Buy, setting a new price target of $26.

Portfolio Pulse from richadhand@benzinga.com

May 19, 2023 | 1:02 pm

FCF

Stephens & Co. analyst Matt Breese upgrades First Commonwealth (NYSE:FCF) from Equal-Weight to Overweight and announces a $14 price target.

Portfolio Pulse from richadhand@benzinga.com

May 19, 2023 | 12:59 pm

WMT

RBC Capital analyst Steven Shemesh maintains an Outperform rating on Walmart (NYSE:WMT) and raises the price target from $160 to $164.

Portfolio Pulse from richadhand@benzinga.com

May 19, 2023 | 12:57 pm

MSFT

RBC Capital analyst Rishi Jaluria reiterates an Outperform rating on Microsoft (NASDAQ:MSFT) and maintains a $350 price target.

Portfolio Pulse from richadhand@benzinga.com

May 19, 2023 | 12:56 pm

EHTH

RBC Capital analyst Ben Hendrix reiterated a Sector Perform rating on eHealth (NASDAQ:EHTH) and maintained a $13 price target.

Portfolio Pulse from richadhand@benzinga.com

May 19, 2023 | 12:55 pm

LEGN

RBC Capital analyst Leonid Timashev maintains an Outperform rating on Legend Biotech (NASDAQ:LEGN) and raises the price target from $74 to $83.

Portfolio Pulse from richadhand@benzinga.com

May 19, 2023 | 12:55 pm