Streetbeat News

Price Targets

DX

JonesTrading analyst Jason Stewart has reiterated a Buy rating on Dynex Cap (NYSE:DX) and increased the price target from $13 to $14.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 10:19 am

SBCF

Raymond James analyst David Feaster has maintained an Outperform rating on Seacoast Banking (NASDAQ:SBCF) and increased the price target from $23 to $27.5.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 10:17 am

HTBI

Raymond James analyst Daniel Tamayo has maintained an Outperform rating on HomeTrust Bancshares (NASDAQ:HTBI) and increased the price target from $30 to $33.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 10:10 am

VFC

Telsey Advisory Group analyst Dana Telsey has reiterated an Outperform rating on VF Corporation (NYSE:VFC) and maintained a price target of $22.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 10:07 am

META

Keybanc analyst Justin Patterson has maintained an Overweight rating on Meta Platforms (NASDAQ:META) and increased the price target from $380 to $465.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 10:04 am

CYBR

Keybanc analyst Michael Turits has maintained an Overweight rating on CyberArk Software (NASDAQ:CYBR) and increased the price target from $265 to $274.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 10:01 am

APPF

Keybanc analyst Jason Celino has maintained an Overweight rating on AppFolio (NASDAQ:APPF) and increased the price target from $240 to $254.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 9:59 am

GM

General Motors Company (NYSE:GM) is anticipated to report Q4 earnings of $1.16 per share, down from $2.12 per share a year ago, with projected revenue of $38.97 billion, a decrease from $43.11 billion. Cadillac is increasing production of the Lyriq EV. GM's stock closed up 0.3% at $35.28. Analysts have recently adjusted GM's price targets, with the most accurate analysts giving ratings ranging from Buy to Outperform and price targets between $40 and $60.

Portfolio Pulse from Avi Kapoor

January 30, 2024 | 6:56 am

BTCO

Invesco and Galaxy Asset Management have reduced the fee of their Invesco Galaxy Bitcoin ETF (BTCO) from 0.39% to 0.25% to attract more investors and compete with other issuers. Invesco also offers a fee waiver for the first six months or until the ETF reaches $5 billion in assets. Despite this, BTCO has seen modest inflows compared to similar ETFs from BlackRock and Fidelity. Franklin Templeton's Bitcoin ETF currently has the lowest fee at 0.19% with a fee waiver until August 2 or until it reaches $10 billion in assets.

Portfolio Pulse from Mehab Qureshi

January 30, 2024 | 3:45 am

BTCUSD

A Deutsche Bank survey found that 39% of retail investors expect Bitcoin's price to drop below $20,000 by the end of 2024, despite its recent rise to $43,000. Technical analysts, on the other hand, are bullish, with predictions of a run to $48,000-$50,000. Retail sentiment is bearish, with 42% expecting Bitcoin to disappear, and two-thirds having little understanding of digital assets. Technical analysts like Pentoshi and Michaël van de Poppe maintain a bullish outlook, citing crypto's past performance and social impact. Google's new policy on Bitcoin ETF ads could increase retail exposure to cryptocurrencies.

Portfolio Pulse from Khyathi Dalal

January 29, 2024 | 11:31 pm