Streetbeat News

Price Targets

CL

JP Morgan analyst Andrea Teixeira maintains an Overweight rating on Colgate-Palmolive (NYSE:CL) and has increased the price target from $88 to $90.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 7:30 pm

PNFP

Truist Securities analyst Jennifer Demba maintains a Buy rating on Pinnacle Financial Partners (PNFP) but reduces the price target from $100 to $93.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 7:29 pm

CLX

JP Morgan analyst Andrea Teixeira has maintained a Neutral rating on Clorox (NYSE:CLX) and increased the price target from $145 to $152.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 7:29 pm

CHD

JP Morgan analyst Andrea Teixeira has maintained an Underweight rating on Church & Dwight Co (NYSE:CHD) but increased the price target from $87 to $95.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 7:28 pm

AA

JP Morgan analyst Bill Peterson has maintained a Neutral rating on Alcoa (NYSE:AA) and increased the price target from $30 to $32.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 7:26 pm

IVZ

RBC Capital analyst Kenneth Lee has maintained a 'Sector Perform' rating on Invesco (NYSE:IVZ) and increased the price target from $14 to $16.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 7:24 pm

DFS

HTZ

KEY

NVCR

TLT

TSLA

USO

U.S. stocks showed mixed performance with tech leading due to AI optimism. Labor data indicated a strong job market. Fed's Bostic suggested rate cuts could start in Q3 if inflation slows. The dollar and Treasury yields rose, while bonds and Bitcoin fell. Oil prices increased after the IEA raised its demand forecast. Major indices and ETFs had varied results, with tech and semiconductors gaining, while utilities and real estate declined. Notable stock movements included NovoCure, Hertz, Tesla, and various chipmakers, while Discover Financial and KeyCorp dropped after earnings misses.

Portfolio Pulse from Piero Cingari

January 18, 2024 | 7:22 pm

DV

Baird analyst Vikram Kesavabhotla has maintained an Outperform rating on DoubleVerify Holdings (DV) and increased the price target from $38 to $44. This adjustment reflects Baird's positive outlook on DV's performance.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 7:20 pm

IQV

Baird analyst Eric Coldwell has maintained a Neutral rating on IQVIA Holdings (IQV) and increased the price target from $221 to $226.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 7:17 pm

GS

BMO Capital Markets analyst James Fotheringham maintained a Market Perform rating on Goldman Sachs Group, Inc. (NYSE:GS) and raised the price target from $357 to $360. The adjustment follows a Q4 earnings beat and a 2% increase in estimates for 2024 and 2025 EPS, reflecting higher Global Banking & Markets (GB&M) revenues. Fotheringham noted robust discussions with corporate clients and solid year-to-date activity in North America and Europe. However, he expressed concern over the volatility of GB&M revenues. Goldman Sachs' stock was trading slightly lower at $376.70.

Portfolio Pulse from Nabaparna Bhattacharya

January 18, 2024 | 7:17 pm