Streetbeat News

Price Targets

CALC

HC Wainwright & Co. analyst Joseph Pantginis has initiated coverage on CalciMedica (NASDAQ:CALC) with a Buy rating and set a price target of $20 for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 11:28 am

PWP

Keefe, Bruyette & Woods analyst Michael Brown has reinstated coverage on Perella Weinberg (NASDAQ:PWP) with an Outperform rating and set a price target of $16.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 11:18 am

AXP

Barclays analyst Mark Devries has maintained an Overweight rating on American Express (NYSE:AXP) and increased the price target from $216 to $220.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 11:17 am

LAZ

Keefe, Bruyette & Woods analyst Michael Brown has reinstated Lazard (NYSE:LAZ) with an Outperform rating and set a price target of $51.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 11:16 am

ZIM

ZIM Integrated Shipping Services' stock is trading higher following an upgrade from Hold to Buy by Jefferies, which also increased the price target from $14 to $20.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 11:09 am

ABNB

Barclays analyst Mario Lu has maintained an Underweight rating on Airbnb (NASDAQ:ABNB) but increased the price target from $100 to $110.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 11:09 am

WBD

Warner Bros. Discovery's stock (WBD) trades lower following a downgrade by Wells Fargo from Overweight to Equal-Weight and a reduction in the price target from $16 to $12.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 11:08 am

VIR

JP Morgan analyst Eric Joseph has downgraded Vir Biotechnology (NASDAQ:VIR) from Overweight to Neutral and reduced the price target from $23 to $9.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 11:06 am

BTCUSD

Veteran trader Peter Brandt has cautioned new cryptocurrency investors about Bitcoin's (BTC) cyclical market patterns, which he calls 'Hump with a Slump then a Pump and a Dump' (HSPD). He suggests that inexperienced investors often buy during the 'pump' phase and suffer losses in the 'dump' phase. Bitcoin's price was around $41,800 over the weekend but managed a 5% gain the day before. Analyst Markus Thielen predicts BTC could climb above $43,000 and recommends re-entering long positions once it passes this threshold.

Portfolio Pulse from Mehab Qureshi

January 29, 2024 | 11:05 am

NSC

Morgan Stanley analyst Ravi Shanker downgraded Norfolk Southern (NYSE:NSC) from Equal-Weight to Underweight and reduced the price target from $185 to $175.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 11:02 am