Streetbeat News

Price Targets

TSLA

Tesla Inc (NASDAQ: TSLA) reported Q4 results, missing revenue and EPS estimates. Analysts from RBC Capital, Roth Capital, Truist, and Needham have provided their insights, with RBC Capital and Truist lowering their price targets to $297 and $193 respectively, while Roth maintains a $85 target and Needham does not set a target. Analysts cite concerns over vague delivery guidance, declining gross margins, and the pressure from upcoming EV competition. Tesla's stock price dropped 10% following the report.

Portfolio Pulse from Chris Katje

January 25, 2024 | 4:34 pm

FCX

RBC Capital analyst Sam Crittenden has reiterated a 'Sector Perform' rating on Freeport-McMoRan (NYSE:FCX) and maintained a price target of $55.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 4:33 pm

GD

RBC Capital analyst Ken Herbert has reiterated an Outperform rating on General Dynamics (NYSE:GD), maintaining a price target of $300.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 4:31 pm

EWBC

Citigroup analyst Ben Gerlinger has maintained a Buy rating on East West Bancorp (NASDAQ:EWBC) but has reduced the price target from $89 to $85.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 4:30 pm

IBM

RBC Capital analyst Matthew Swanson has maintained an Outperform rating on IBM and increased the price target from $179 to $200.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 4:30 pm

JACK

RBC Capital analyst Christopher Carril has maintained an Outperform rating on Jack In The Box (NASDAQ:JACK) and increased the price target from $78 to $82.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 4:27 pm

ABT

Citigroup analyst Joanne Wuensch has reaffirmed a Buy rating on Abbott Laboratories (NYSE:ABT) and increased the price target from $123 to $126, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 4:27 pm

KMB

RBC Capital analyst Nik Modi has maintained a 'Sector Perform' rating on Kimberly-Clark (NYSE:KMB) but has lowered the price target from $125 to $123.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 4:26 pm

PB

RBC Capital analyst Jon Arfstrom has reiterated a 'Sector Perform' rating on Prosperity Bancshares (NYSE:PB) and maintained a price target of $70.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 4:24 pm

IFRX

HC Wainwright & Co. analyst Edward White has maintained a Buy rating on InflaRx (NASDAQ:IFRX) but has reduced the price target from $9 to $8.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 4:24 pm