Streetbeat News

Price Targets

BMBL

Bumble Inc (NASDAQ:BMBL) shares plummeted by 32.01% following mixed Q2 results and a significant downgrade in its 2024 outlook. Analysts from JPMorgan, Piper Sandler, and RBC Capital Markets have downgraded their ratings and slashed price targets, citing a strategic reset and misexecution in user growth and monetization efforts.

Portfolio Pulse from Adam Eckert

August 08, 2024 | 4:08 pm

BAM

JP Morgan analyst Kenneth Worthington maintains a Neutral rating on Brookfield Asset Management (NYSE:BAM) but lowers the price target from $42 to $41.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 4:07 pm

EHTH

Craig-Hallum analyst George Sutton maintains a Hold rating on eHealth (NASDAQ:EHTH) but lowers the price target from $6 to $5.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 4:07 pm

GH

Craig-Hallum analyst Alex Nowark maintains a Buy rating on Guardant Health (NASDAQ:GH) and raises the price target from $28 to $37.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 4:06 pm

FSLY

Craig-Hallum analyst Jeff Van Rhee maintains a Hold rating on Fastly (NYSE:FSLY) but lowers the price target from $10 to $6.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 4:05 pm

EMKR

Craig-Hallum analyst Richard Shannon maintains a Hold rating on EMCORE (NASDAQ:EMKR) but lowers the price target from $2 to $1.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 4:04 pm

ADNT

JP Morgan analyst Ryan Brinkman maintains a Neutral rating on Adient (NYSE:ADNT) but lowers the price target from $31 to $27.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 4:03 pm

KLIC

Craig-Hallum analyst Christian Schwab maintains a Buy rating on Kulicke & Soffa Industries (NASDAQ:KLIC) but lowers the price target from $55 to $50.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 4:03 pm

RXO

JP Morgan analyst Brian Ossenbeck maintains an Underweight rating on RXO (NYSE:RXO) and raises the price target from $25 to $26.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 4:02 pm