Streetbeat News

Price Targets

VIRT

Citigroup has reaffirmed its Buy rating on Virtu Financial Inc (NASDAQ:VIRT) but reduced its price target from $22.00 to $21.00. Virtu Financial's shares have risen 1.6% in the last 24 hours to $17.74. The new price target suggests an 18.38% upside potential. Virtu Financial is a market maker and liquidity provider, with the majority of its revenue coming from the United States.

Portfolio Pulse from Benzinga Insights

January 26, 2024 | 5:00 pm

NEP

JP Morgan has maintained a Neutral rating for NextEra Energy Partners (NEP) but raised its price target from $24.00 to $26.00. NEP shares are currently trading down at $28.84, which is above the new target. The company, which focuses on contracted clean energy projects and natural gas infrastructure, would see a 9.83% decline in share price if it reached the new target of $26.00.

Portfolio Pulse from Benzinga Insights

January 26, 2024 | 5:00 pm

TCBK

Keefe, Bruyette & Woods has maintained its Market Perform rating for TriCo Bancshares (NASDAQ:TCBK) but lowered its price target from $44.00 to $42.00. TriCo's shares are currently trading at $38.27, and the new price target suggests a potential upside of 9.75%. TriCo Bancshares operates as a bank holding company for Tri Counties Bank, offering various banking services primarily in California.

Portfolio Pulse from Benzinga Insights

January 26, 2024 | 5:00 pm

EXPI

DA Davidson has downgraded eXp World Holdings (NASDAQ:EXPI) from a previous rating to Neutral and reduced the price target from $20.00 to $15.00. Following the downgrade, EXPI shares have fallen 3.12% to $13.03. The new price target suggests a potential upside of 15.12% from the current price. eXp World Holdings is a cloud-based residential real estate company with operations in various countries.

Portfolio Pulse from Benzinga Insights

January 26, 2024 | 5:00 pm

BPOP

RBC Capital has reaffirmed its Outperform rating on Popular Inc (NASDAQ:BPOP) and increased its price target from $80.00 to $90.00. Popular's shares are currently trading at $85.83, and the new price target suggests a potential upside of 4.86%. Popular Inc is a financial holding company with significant operations in Puerto Rico and the continental United States.

Portfolio Pulse from Benzinga Insights

January 26, 2024 | 5:00 pm

LEVI

Levi Strauss & Co (NYSE:LEVI) reported Q4 earnings with revenue of $1.64 billion, slightly missing estimates, but earnings per share of 44 cents beat estimates by 1 cent. The company forecasts 1-3% revenue growth for FY 2024 with adjusted earnings below analyst expectations. Shares dropped 1.4% following the report. Telsey Advisory Group raised their price target, while Wells Fargo and JP Morgan lowered theirs.

Portfolio Pulse from Avi Kapoor

January 26, 2024 | 4:58 pm

UNP

Union Pacific Corporation (NYSE:UNP) reported Q4 FY23 results surpassing consensus estimates with operating revenue of $6.159 billion and EPS of $2.71. Despite better results, the company faces a muted volume outlook for 2024 due to loss in international intermodal business, lower coal demand, and soft economic conditions. Union Pacific plans a $3.4 billion capital investment for 2024. Following the report, analysts at BMO Capital, RBC Capital, and JP Morgan revised their price targets for UNP, with BMO Capital increasing it to $275, RBC Capital decreasing it to $272, and JP Morgan lowering it to $237. UNP shares dropped 1% to $239.20.

Portfolio Pulse from Avi Kapoor

January 26, 2024 | 4:52 pm

INTC

Rosenblatt analyst Hans Mosesmann has reiterated a Sell rating on Intel Corporation (NASDAQ:INTC) and maintained a price target of $17.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 4:42 pm

CATX

B. Riley Securities analyst Yuan Zhi has initiated coverage on Perspective Therapeutics (AMEX:CATX) with a Buy rating and set a price target of $1.2.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 4:39 pm

UNP

JP Morgan analyst Brian Ossenbeck has maintained a Neutral rating on Union Pacific (NYSE:UNP) but has lowered the price target from $239 to $237.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 4:16 pm