Streetbeat News

Price Targets

MSFT

Wedbush analyst Daniel Ives has maintained an Outperform rating on Microsoft (NASDAQ:MSFT) and increased the price target from $450 to $475.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 2:31 pm

GM

Wedbush analyst Daniel Ives has maintained an Outperform rating on General Motors (NYSE:GM) and increased the price target from $40 to $45.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 2:16 pm

TSLA

Wedbush analyst Daniel Ives has reiterated an Outperform rating on Tesla (NASDAQ:TSLA) and maintained a price target of $315.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 2:15 pm

AMD

Wedbush analyst Matt Bryson has reiterated an Outperform rating on Advanced Micro Devices (NASDAQ:AMD) and maintained a price target of $200.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 2:11 pm

VFC

Wedbush analyst Tom Nikic has maintained a Neutral rating on VF Corporation (NYSE:VFC) and increased the price target from $15 to $16.5.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 2:08 pm

AX

Axos Financial, Inc. (NYSE:AX) exceeded market expectations with its second-quarter results, posting adjusted earnings of $1.60 per share against estimates of $1.38 and sales of $352.74 million versus the expected $247.50 million. The net interest margin rose to 4.55%, and net loans for investment increased to $18.3 billion. The company's shares saw a 1% pre-market gain to $57.35. Following the earnings report, Raymond James raised its price target from $45 to $62 with an Outperform rating, and Wedbush increased its target from $59 to $62 while maintaining a Neutral rating.

Portfolio Pulse from Avi Kapoor

January 31, 2024 | 2:05 pm

GOOGL

Wedbush analyst Scott Devitt has reiterated an Outperform rating on Alphabet Inc. (NASDAQ:GOOGL) and maintained a price target of $160. The reaffirmation of the positive outlook suggests confidence in Alphabet's future performance.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 2:02 pm

ARE

Four analysts have recently updated their ratings on Alexandria Real Estate Equities Inc (NYSE:ARE), with two maintaining a bullish stance and two somewhat bullish. The average 12-month price target is now $143.5, down from $152.50, with a high estimate of $154.00 and a low of $140.00. Analysts from Wedbush, Deutsche Bank, Mizuho, and JMP Securities have provided their latest evaluations and price targets. Alexandria Real Estate, an urban office REIT, has shown strong financial performance with a revenue growth rate of 15.81% as of December 31, 2023, and a net margin of -11.7%. The company's debt-to-equity ratio is 0.63, below the industry average.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 2:00 pm

MANH

Manhattan Associates, Inc. (NASDAQ:MANH) exceeded Q4 earnings and revenue expectations, with adjusted earnings of $1.03 per share against estimates of 80 cents, and sales of $238.25 million versus expected $223.97 million. The company's shares surged 10.8% in pre-market trading. Analysts at Rosenblatt and Raymond James raised their price targets for MANH, maintaining a Neutral and an Outperform rating respectively.

Portfolio Pulse from Avi Kapoor

January 31, 2024 | 1:59 pm

HOPE

Wedbush analyst David Chiaverini has maintained a Neutral rating on Hope Bancorp (NASDAQ:HOPE) but has lowered the price target from $13 to $12.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 1:58 pm