Streetbeat News

Price Targets

COR

Mizuho analyst Omotayo Okusanya maintains a Neutral rating on Cencora (NYSE:COR) and raises the price target from $192 to $224 as of 2 February 2024.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 5:53 pm

PCOR

JMP Securities analyst Joe Goodwin has maintained a Market Outperform rating on Procore Technologies (PCOR) and increased the price target from $69 to $81.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 5:52 pm

NTNX

JMP Securities analyst Erik Suppiger has maintained a Market Outperform rating on Nutanix (NTNX) and increased the price target from $50 to $70.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 5:50 pm

FDMT

BMO Capital analyst Kostas Biliouris maintains an Outperform rating on 4D Molecular Therapeutics (NASDAQ:FDMT) and raises the price target from $50 to $70.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 5:41 pm

CI

Cigna Group (NYSE:CI) shares rose after reporting Q4 results, with analysts upgrading ratings and raising price targets following the company's 2024 guidance. The guidance suggests Evernorth revenues will exceed consensus estimates by $10 billion. Analysts highlight Cigna's strong earnings growth visibility, supported by share repurchases and solid operating conditions. Cigna is named a 'Top Pick for 2024' by Mizuho Securities, citing solid EPS visibility and reduced legislative risk.

Portfolio Pulse from Priya Nigam

February 05, 2024 | 5:39 pm

EVBG

Canaccord Genuity analyst Michael Walkley downgraded Everbridge (NASDAQ:EVBG) from Buy to Hold and set a price target of $28.6.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 5:30 pm

TSLA

Piper Sandler analyst Alexander Potter maintained an Overweight rating on Tesla, Inc. (NASDAQ:TSLA) but reduced the price target from $295 to $225, citing a lowered 2024 volume estimate from 2.18 million units to 1.93 million units. The reduction is attributed to Tesla's aging product lineup and the prioritization of the Cybertruck over a cheaper, more broadly appealing vehicle. Despite near-term skepticism, Potter remains bullish on Tesla's long-term prospects, highlighting the potential in non-automotive segments like Tesla Energy.

Portfolio Pulse from Shanthi Rexaline

February 05, 2024 | 5:22 pm

JKS

Daiwa Capital analyst Dennis Ip downgraded JinkoSolar Holding Co (NYSE:JKS) from Outperform to Neutral and set a price target of $25. This adjustment reflects a change in the firm's outlook on JinkoSolar's stock.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 5:19 pm

CFLT

UBS analyst Karl Keirstead has maintained a Neutral rating on Confluent (NASDAQ:CFLT) and raised the price target from $21 to $26.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 5:14 pm

CB

UBS analyst Brian Meredith has maintained a Neutral rating on Chubb (NYSE:CB) and increased the price target from $245 to $256.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 5:08 pm