Streetbeat News

Price Targets

TCEHY

Barclays analyst Jiong Shao has maintained an Overweight rating on Tencent Holdings (OTC:TCEHY) but reduced the price target from $50 to $46.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 4:19 pm

FFIV

Barclays analyst Tim Long has maintained an Equal-Weight rating on F5 Networks, Inc. (NASDAQ: FFIV) and increased the price target from $163 to $206.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 4:13 pm

T

Barclays analyst Kannan Venkateshwar has maintained an Equal-Weight rating on AT&T (NYSE:T) and increased the price target from $17 to $20.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 4:11 pm

VRTX

Goldman Sachs analyst Salveen Richter has reaffirmed a Buy rating on Vertex Pharmaceuticals (NASDAQ:VRTX) and increased the price target from $442 to $559. This adjustment reflects a positive outlook on the company's stock, suggesting potential upside from the previous target.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 4:09 pm

UNM

Goldman Sachs analyst Alex Scott has maintained a Neutral rating on Unum Group (NYSE:UNM) and increased the price target from $47 to $52.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 4:08 pm

ETHUSD

GBTC

Standard Chartered predicts the SEC will approve Ethereum ETFs by May 23 and forecasts a $4k price target for Ether. The report suggests Ethereum will face less post-approval selling pressure than Bitcoin due to the Grayscale Ethereum Trust's smaller market cap proportion. The 'Dencun' upgrade, aimed at reducing transaction costs, is also expected to boost Ethereum's value.

Portfolio Pulse from Murtuza Merchant

January 31, 2024 | 4:07 pm

COCO

Goldman Sachs analyst Bonnie Herzog has maintained a Buy rating on Vita Coco (NASDAQ:COCO) but reduced the price target from $32 to $28.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 4:07 pm

OSK

Goldman Sachs analyst Jerry Revich has maintained a Neutral rating on Oshkosh (NYSE:OSK) and increased the price target from $104 to $116.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 4:05 pm

OLN

Goldman Sachs analyst Duffy Fischer has maintained a Neutral rating on Olin Corporation (NYSE:OLN) and increased the price target from $55 to $61.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 4:04 pm

ADP

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PLUG

POWL

SYK

Boeing reported a Q4 revenue increase of 10% to $22.02 billion, surpassing estimates and an adjusted loss per share of 47 cents, beating expectations. Shares rose 4.7%. Other stocks also moved higher: Powell Industries surged 49% post strong results and dividend raise; Plug Power jumped 17.8% after an upgrade; DocGo rose 15.8% on a buyback program; Ashland gained 14.5% on mixed results and guidance; and Stryker increased 5.8% after beating Q4 expectations. Various companies like Automatic Data Processing, LendingClub, and Teva Pharmaceutical also saw gains following positive earnings reports or guidance.

Portfolio Pulse from Avi Kapoor

January 31, 2024 | 4:02 pm