Streetbeat News

Price Targets

DM

Cantor Fitzgerald has downgraded Desktop Metal (NYSE:DM) from Overweight to Neutral and lowered the price target from $12.5 to $5.5.

Portfolio Pulse from Benzinga Newsdesk

July 08, 2024 | 9:46 am

EMR

Redburn Atlantic has initiated coverage on Emerson Electric (NYSE:EMR) with a Buy rating and set a price target of $135.

Portfolio Pulse from Benzinga Newsdesk

July 08, 2024 | 9:39 am

ROK

Redburn Atlantic has initiated coverage on Rockwell Automation (NYSE:ROK) with a Neutral rating and set a price target of $256.

Portfolio Pulse from Benzinga Newsdesk

July 08, 2024 | 9:37 am

RNAC

Needham analyst Gil Blum has reiterated a Buy rating on Cartesian Therapeutics (NASDAQ:RNAC) and maintained a $42 price target.

Portfolio Pulse from Benzinga Newsdesk

July 08, 2024 | 9:37 am

GILD

Raymond James analyst Steven Seedhouse has upgraded Gilead Sciences (NASDAQ:GILD) from Market Perform to Outperform and set a price target of $93.

Portfolio Pulse from Benzinga Newsdesk

July 08, 2024 | 9:33 am

NSC

Morgan Stanley analyst Ravi Shanker has reinstated an Underweight rating on Norfolk Southern (NYSE:NSC) and announced a price target of $175.

Portfolio Pulse from Benzinga Newsdesk

July 08, 2024 | 9:30 am

CWAN

Oppenheimer analyst Brian Schwartz has upgraded Clearwater Analytics Holdings (NYSE:CWAN) from Perform to Outperform and set a price target of $25.

Portfolio Pulse from Benzinga Newsdesk

July 08, 2024 | 9:13 am

AAPL

AMZN

BTDR

GOOG

META

MSFT

NVDA

TSLA

Tesla is on an 8-day winning streak with a 36% increase, outperforming the Nasdaq 100's 4% rise. Gary Black predicts the streak could extend to 9 days. Other 'Magnificent 7' stocks like Apple, Amazon, Meta, Alphabet, Microsoft, and Nvidia also saw gains. Analysts may revise Tesla's earnings estimates and price targets positively. Despite bullish sentiment, some analysts remain skeptical about Tesla's valuation.

Portfolio Pulse from Benzinga Neuro

July 08, 2024 | 2:17 am

KLAC

Deep-pocketed investors are showing a bullish sentiment towards KLA (NASDAQ:KLAC) with significant options activity. Benzinga's options scanner highlighted 9 extraordinary options activities, with 55% of the sentiment being bullish. The projected price targets for KLAC range from $710 to $980. Analysts have given positive ratings with target prices averaging $912.5.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 8:17 pm

TBLA

Needham analyst Laura Martin maintained a Buy rating on Taboola.com Ltd (NASDAQ:TBLA) but lowered the price target from $6 to $5. Despite strong Q2 projections, Martin reduced her revenue and earnings estimates for the second half of fiscal 2024 and fiscal 2025 due to integration delays with Yahoo's demand side. TBLA shares are trading lower by 4.18% at $3.33.

Portfolio Pulse from Anusuya Lahiri

July 05, 2024 | 6:16 pm