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Price Targets

WMB

Wolfe Research analyst Keith Stanley downgraded Williams Companies (WMB) from Peer Perform to Underperform with a new price target of $34.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 9:37 am

ZS

Keybanc analyst Eric Heath upgrades Zscaler (NASDAQ:ZS) from Sector Weight to Overweight and sets a new price target of $220.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 9:33 am

BTCUSD

ETHUSD

Cryptocurrency analyst Ali Martinez warns that Bitcoin could correct to $56,200 if it breaches the critical $61,000 level. A rebound could see it rise to $66,500, with the first sign being a 4-hour candlestick close above $62,300. This comes amid significant market volatility and concerns over potential major price corrections due to inflation and geopolitical tensions. Despite challenges, the approval of Bitcoin and Ethereum ETFs in Hong Kong signals a positive long-term outlook.

Portfolio Pulse from Benzinga Neuro

April 18, 2024 | 7:52 am

TSLA

Tesla, Inc. (TSLA) has experienced a decline in stock price following each of the past four earnings reports, with drops ranging from -9.30% to -12.12%. The declines were attributed to various factors including year-over-year revenue and EPS declines, price cuts, falling margins, and Cybertruck launch uncertainty. Barclays analyst Dan Levy lowered Tesla's price target from $225 to $180, citing expected soft margins and a potential first-quarter miss. Fund manager Gary Black suggests Tesla management should focus on explaining future improvements rather than making grand promises.

Portfolio Pulse from Shanthi Rexaline

April 18, 2024 | 6:52 am

BTCUSD

ETHUSD

MARA

Crypto analyst IncomeSharks predicts Bitcoin (BTC) could fall below $60,000 before a 'hate halving rally' occurs, coinciding with the upcoming Bitcoin halving event. This prediction is based on the need to eliminate panic sellers. The halving, which introduces anti-deflationary features to Bitcoin, historically leads to a price surge. Other analysts have identified critical support and potential bullish triggers for Bitcoin's price. Jim Cramer advised against investing in Marathon Digital Holdings Inc (MARA), suggesting Bitcoin or Ethereum (ETH) as better alternatives. Bitcoin is currently trading at $61,562, showing a slight increase and a significant year-to-date gain.

Portfolio Pulse from Benzinga Neuro

April 18, 2024 | 3:36 am

NVDA

Evercore ISI has initiated Nvidia (NASDAQ:NVDA) with an 'Outperform' rating and a price target of $1,160, indicating a 36% potential upside from current levels. In a bullish scenario, Nvidia's stock could see an 81% increase to $1,540. The firm highlights Nvidia's leading role in the AI ecosystem, which is expected to drive significant efficiency gains. Nvidia's strategic moves, including launching new AI chips for China, are seen as positive steps towards capturing a dominant share of the parallel processing market, potentially worth over $350 billion by 2030.

Portfolio Pulse from Benzinga Neuro

April 18, 2024 | 3:29 am

DOGEUSD

ETHUSD

Social media influencer Topdoge speculated that Dogecoin (DOGE) could reach a $500B market cap, matching Ethereum's (ETH) previous bull run, potentially elevating DOGE's value to around $4.20.

Portfolio Pulse from Benzinga Neuro

April 18, 2024 | 2:48 am

FR

First Industrial Realty (NYSE:FR) has received mixed ratings from analysts, with recent evaluations ranging from bullish to bearish. The average 12-month price target for FR is $57.8, reflecting a slight increase from the previous target. Analysts from firms like Mizuho, Barclays, JP Morgan, Truist Securities, and RBC Capital have adjusted their ratings and price targets, indicating a dynamic perception of the company's value. First Industrial Realty, a REIT focusing on industrial real estate, has shown strong financial performance with notable revenue growth, high net margin, and effective debt management.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 9:01 pm

NUE

Financial analysts have observed a mix of bullish and bearish options trading activity on Nucor (NYSE:NUE), with an equal split between bullish and bearish sentiments among traders. Significant trading activity has set a price target range for Nucor between $150.0 and $225.0 over the next three months. The analysis includes details on specific trades, including both puts and calls, with varying sentiments and strike prices. Nucor, a steel and steel products manufacturer, has seen its stock price slightly increase by 0.35% to $192.78, with neutral RSI indicators. An analyst from JP Morgan has set a target price of $195.0, maintaining a Neutral rating on Nucor.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 8:31 pm

VLTO

Analyst ratings for Veralto (NYSE:VLTO) show varied sentiments, with recent adjustments reflecting a bullish outlook. The average 12-month price target is $95.43, marking an 11.61% increase from the previous target. Analyst actions include ratings upgrades and new price targets, indicating positive expectations for Veralto's performance. The company's financials demonstrate strong market position, revenue growth, and efficient cost management, despite a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 8:01 pm