Streetbeat News

Price Targets

CRM

Bernstein analyst Mark Moerdler maintains an Outperform rating on Salesforce and raises the price target from $234 to $236.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 5:36 pm

NTAP

NetApp, Inc. (NASDAQ:NTAP) reported better-than-expected earnings for its first quarter, with earnings per share of $1.56 and sales of $1.541 billion, both surpassing analyst estimates. Despite strong results, NetApp shares fell 8% to $121.40. Analysts have adjusted their price targets, with some maintaining neutral or underperform ratings.

Portfolio Pulse from Avi Kapoor

August 29, 2024 | 5:35 pm

NVDA

Bernstein analyst Stacy Rasgon maintains an Outperform rating on NVIDIA and raises the price target from $130 to $155.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 5:35 pm

CHWY

Chewy Inc. (NYSE:CHWY) reported better-than-expected Q2 2024 results, with sales of $2.86 billion and an adjusted EPS of $0.24. Analysts have raised the price target to $32, though they note the valuation is stretched. The stock rose 1.71% to $29.21.

Portfolio Pulse from Vandana Singh

August 29, 2024 | 5:29 pm

SJM

JM Smucker reported better-than-expected Q1 earnings but lowered its annual outlook, leading analysts to cut their price targets. Despite the earnings beat, the company's revised guidance caused a 1.4% drop in its stock price.

Portfolio Pulse from Avi Kapoor

August 29, 2024 | 5:25 pm

PSTG

Lake Street analyst Eric Martinuzzi maintains a Buy rating on Pure Storage (NYSE:PSTG) but lowers the price target from $70 to $68.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 5:07 pm

PG

DZ Bank has upgraded Procter & Gamble (NYSE:PG) from Hold to Buy, setting a price target of $190.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 5:05 pm

SEZL

Northland Capital Markets has reiterated an Outperform rating on Sezzle and increased its price target from $119 to $150, indicating confidence in the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 5:02 pm

PVH

Telsey Advisory Group has maintained an 'Outperform' rating on PVH Corp but has lowered its price target from $140 to $130.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 5:00 pm

PSTG

Northland Capital Markets has reiterated a Market Perform rating for Pure Storage (NYSE:PSTG) while lowering the price target from $68 to $59.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 5:00 pm