Streetbeat News

Price Targets

MSFT

An analyst has revised the stock price target for Microsoft (NASDAQ: MSFT), indicating a potential change in market expectations for the tech giant.

Portfolio Pulse from

November 11, 2024 | 2:00 pm

NET

Cloudflare's Q3 FY24 earnings report shows strong growth, with a 28% YoY revenue increase and 49% YoY non-GAAP income growth. The company is focusing on product innovation and sales capacity to reach its $5 billion revenue target, despite a decline in Net Dollar Retention.

Portfolio Pulse from

November 11, 2024 | 1:30 pm

CTVA

Corteva is expected to benefit from lower commodity and raw material costs, leading to potential margin expansion. Despite weak growth in Latin America, the company is projected to enhance margins by FY25. A 'Buy' rating is reiterated with a target price of $68 per share.

Portfolio Pulse from

November 11, 2024 | 12:15 am

BOMBF

Bombardier's Q3 revenues grew by 12% due to better pricing and service revenue, despite supply chain issues. The company focuses on larger jets and has strong order activity for the Challenger 3500, supporting growth. The price target for Bombardier has been increased to $85 for 2025 and $97 for 2026.

Portfolio Pulse from

November 10, 2024 | 10:30 am

BR

Broadridge Financial Solutions is expected to continue its high single-digit earnings growth, supported by its strong market position and resources for expansion. A Buy rating is maintained with a one-year price target of $247.53, indicating a potential 10% rise in share price.

Portfolio Pulse from

November 10, 2024 | 9:45 am

MSFT

PLTR

Wall Street analysts predict divergent paths for Palantir and Microsoft stocks, with only one expected to rise. Analysts' price targets suggest significant moves in opposite directions for these AI-focused companies.

Portfolio Pulse from

November 09, 2024 | 3:30 pm

AB

AllianceBernstein is rated a buy due to strong earnings, solid EPS trends, and a favorable technical setup, despite a high valuation. AB reported robust Q3 results, with a 108% surge in operating income and a 21% increase in assets under management. Key risks include potential market weakness and high-interest rates impacting inflows, but AB's technicals and fundamentals remain strong.

Portfolio Pulse from

November 09, 2024 | 9:45 am

JXN

Jackson Financial's shares have surged 175% over the past year due to strong sales and a favorable market environment. However, the stock is now above the $102 price target, leading to a rating downgrade. Q3 results showed mixed performance with EPS missing estimates but operating earnings rising. The company is diversifying into lower-risk products.

Portfolio Pulse from

November 09, 2024 | 6:30 am

AETUF

Arc Resources' Attachie project is enhancing production with premium-priced condensates, potentially doubling its free cash flow by 2025. Despite a recent share price increase, ARC is still considered undervalued with a price target of C$30-35, offering a 30% upside. LNG contracts are expected to further boost free cash flow.

Portfolio Pulse from

November 08, 2024 | 6:45 pm

QURE

Wall Street analysts have set an average price target for uniQure (QURE) that suggests a potential upside of 169.2%. Despite some skepticism about the reliability of this metric, positive trends in earnings estimate revisions could lead to a stock price increase.

Portfolio Pulse from

November 08, 2024 | 4:00 pm