Streetbeat News

Price Targets

CRAI

Barrington Research analyst Kevin Steinke has maintained an Outperform rating on CRA International (CRAI) and increased the price target from $117 to $151.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 7:02 pm

PLTR

Recent analysis of Palantir Technologies (NYSE:PLTR) by 9 experts shows a mix of opinions, with an updated average 12-month price target of $20.22, up from $18.25. Ratings range from bullish to bearish, with recent adjustments reflecting a generally positive outlook. Palantir's financial performance indicates strong revenue growth but challenges in profitability and asset utilization. The company's market positioning and analyst expectations suggest potential for future growth despite current operational challenges.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 7:01 pm

JWN

Nordstrom (NYSE:JWN) received mixed ratings from 9 analysts, with a consensus 12-month price target of $17.78, reflecting a 10.37% increase from the previous target. The ratings range from 'Hold' to 'Underweight', with adjustments made by analysts from firms like Jefferies, Goldman Sachs, and Citigroup. Despite a -6.37% revenue decline and a high debt-to-equity ratio, Nordstrom's net margin and ROE outperform industry benchmarks, indicating efficient cost management and strong financial health.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 7:00 pm

SUP

Barrington Research analyst Kevin Steinke has maintained an Outperform rating on Superior Industries Intl (NYSE:SUP) and increased the price target from $10 to $11.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 6:59 pm

PPBT

Chardan Capital analyst Daniil Gataulin maintains a Buy rating on Purple Biotech (NASDAQ:PPBT) with an $11 price target.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 6:56 pm

LVLU

Jefferies analyst Randal Konik maintains a Hold rating on Lulus Fashion Lounge (LVLU) and lowers the price target from $1.95 to $1.75.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 6:43 pm

INFN

Jefferies analyst George Notter maintains a Hold rating on Infinera (NASDAQ:INFN) and raises the price target from $4 to $4.5.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 6:38 pm

DIA

IWM

NVDA

NVO

QQQ

SPY

VSCO

NVIDIA's stock continues to rise after Mizuho raised its price target. Novo Nordisk's stock gains on positive weight loss data. Victoria's Secret's stock falls following Q4 results. Major indexes, including DIA, IWM, QQQ, and SPY, gain after Powell's testimony.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 6:25 pm

AMD

ARM

AVGO

BOTZ

NVDA

SMH

Mizuho analyst Vijay Rakesh has reiterated a Buy rating on Nvidia, AMD, Broadcom, and Arm Holdings, raising their price targets due to multiple expansion and catalysts ahead. Rakesh highlights Arm's leadership in the mobile CPU space and its accelerating custom silicon roadmap. Nvidia is seen as the biggest near-term AI winner, with AMD and Broadcom also benefiting significantly from the AI boom. Investors can gain exposure to Nvidia through the VanEck Semiconductor ETF (SMH) and the Global X Robotics & Artificial Intelligence ETF (BOTZ). NVDA shares saw a 3.49% increase.

Portfolio Pulse from Anusuya Lahiri

March 07, 2024 | 6:22 pm

Stifel analyst Brian Chin upgraded Micron Technology Inc (NASDAQ:MU) from a Hold to a Buy rating and increased the price target from $80 to $120. Chin anticipates Micron to outperform Street estimates by 2025 due to a recovery in DRAM supply, improved gross margins, and increased demand from generative AI. Despite current consensus estimates predicting a loss, Chin expects Micron's DRAM business to drive significant revenue and profitability growth, particularly by 2025, due to tight DRAM supply and increased AI demand.

Portfolio Pulse from Adam Eckert

March 07, 2024 | 5:59 pm