Streetbeat News

Price Targets

AMZN

Telsey Advisory Group analyst Joseph Feldman has maintained an Outperform rating on Amazon.com (NASDAQ:AMZN) and increased the price target from $165 to $185.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 10:07 am

KARO

Raymond James analyst Brian Peterson has maintained an Outperform rating on Karooooo (NASDAQ:KARO) and increased the price target from $26 to $29.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 10:02 am

WBS

Raymond James analyst Daniel Tamayo has maintained an Outperform rating on Webster Financial Corporation (NYSE:WBS) and increased the price target from $57 to $60.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 10:01 am

NFLX

Keybanc analyst Justin Patterson has maintained an Overweight rating on Netflix (NASDAQ:NFLX) and increased the price target from $545 to $580.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 9:53 am

VZ

Keybanc analyst Brandon Nispel has maintained an Overweight rating on Verizon Communications (NYSE:VZ) and increased the price target from $45 to $46.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 9:40 am

VEEV

Keybanc analyst Scott Schoenhaus has maintained an Overweight rating on Veeva Systems (VEEV) and increased the price target from $210 to $232.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 9:38 am

TXN

Keybanc analyst John Vinh has maintained an Overweight rating on Texas Instruments (NASDAQ:TXN) and increased the price target from $180 to $200.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 9:36 am

PSTG

Keybanc analyst Thomas Blakey has maintained an Overweight rating on Pure Storage (NYSE:PSTG) and increased the price target from $43 to $47.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 9:34 am

PRPL

Keybanc analyst Bradley Thomas has maintained an Overweight rating on Purple Innovation (NASDAQ:PRPL) but reduced the price target from $6 to $5. This adjustment reflects a more conservative valuation of the company's future prospects.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 9:30 am

NFLX

Netflix Inc. (NASDAQ:NFLX) has indicated potential price hikes in the future to reflect improvements in the service, as mentioned in their shareholder letter post Q4 results. The company reported Q4 revenue of $8.83 billion and added 13.12 million net paying subscribers. Netflix has ended new subscriptions for its 'Basic' ad-free plan and is phasing it out in the UK and Canada. Co-CEO Ted Sarandos expressed satisfaction with the crackdown on password sharing and sees gaming as a significant opportunity, highlighted by the success of the Grand Theft Auto trilogy. Netflix will also add World Wrestling Entertainment to its platform in 2025.

Portfolio Pulse from Rounak Jain

January 24, 2024 | 8:49 am