Streetbeat News

Price Targets

RBLX

Over the past quarter, 16 analysts have provided diverse opinions on Roblox (NYSE:RBLX), ranging from bullish to bearish. The average 12-month price target for RBLX has been raised to $44.62, reflecting a 26.4% increase from the previous target of $35.30. Analysts from firms like Wedbush, Benchmark, Goldman Sachs, BMO Capital, Wells Fargo, Piper Sandler, JP Morgan, Raymond James, and Needham have maintained or raised their ratings and price targets, indicating a generally positive outlook on the company's performance. Roblox's financials show strong revenue growth and net margin but below-average ROE and ROA, and a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 3:00 pm

SNDX

Scotiabank analyst George Farmer has downgraded Syndax Pharmaceuticals (NASDAQ:SNDX) from Sector Outperform to Sector Perform and reduced the price target from $36 to $23.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 2:58 pm

PLUG

Roth MKM analyst Craig Irwin upgraded Plug Power (NASDAQ:PLUG) from Neutral to Buy and increased the price target from $4.5 to $9, signaling a positive outlook for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 2:54 pm

SYK

Canaccord Genuity analyst Kyle Rose has upgraded Stryker (NYSE:SYK) from Hold to Buy and set a price target of $360.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 2:50 pm

VXRT

B. Riley Securities analyst Mayank Mamtani has upgraded Vaxart (NASDAQ:VXRT) from Neutral to Buy and set a price target of $2.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 2:48 pm

AMD

Northland Capital Markets analyst Gus Richard upgraded Advanced Micro Devices (AMD) from Market Perform to Outperform and set a price target of $195.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 2:44 pm

SYK

Wells Fargo analyst Larry Biegelsen has maintained an Overweight rating on Stryker (NYSE:SYK) and increased the price target from $336 to $364.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 2:41 pm

RBLX

Wedbush analyst Nick McKay has reiterated an Outperform rating on Roblox Corporation (NYSE:RBLX) and maintained a price target of $53.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 2:40 pm

TRNS

HC Wainwright & Co. analyst Scott Buck has reaffirmed a Buy rating on Transcat (NASDAQ:TRNS) and increased the price target from $108 to $124, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 2:34 pm

EA

Wedbush analyst Nick McKay has reiterated an Outperform rating on Electronic Arts (NASDAQ:EA) and maintained a price target of $162. This suggests continued confidence in the company's performance and potential for stock price growth.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 2:34 pm