Streetbeat News

Price Targets

CVX

Scotiabank analyst Paul Cheng downgraded Chevron (NYSE:CVX) from Sector Outperform to Sector Perform and set a price target of $170.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 7:56 pm

APA

Scotiabank analyst Paul Cheng downgraded APA Corporation from Sector Outperform to Sector Perform and reduced the price target from $43 to $37.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 7:50 pm

NAMS

Piper Sandler initiated coverage on NewAmsterdam Pharma Co. NV (NASDAQ:NAMS) with an Overweight rating and a price target of $37. The company's lead asset, obicetrapib, is a novel CETP inhibitor targeting the cardiovascular market, with potential to be a blockbuster due to the large patient population requiring lipid-lowering treatments. NewAmsterdam is poised for three Phase 3 trial readouts over the next 18 months, with significant growth expected in the non-statin treatment market.

Portfolio Pulse from Vandana Singh

January 16, 2024 | 7:48 pm

UMC

Goldman Sachs analyst Bruce Lu has downgraded United Microelectronics (UMC) from Buy to Neutral and set a price target of $8.9.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 7:41 pm

AMAM

Baird analyst Joel Beatty has downgraded Ambrx Biopharma (NASDAQ:AMAM) from Outperform to Neutral and set a price target of $28. This change reflects a revised outlook on the company's stock performance.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 7:39 pm

OGE

Ladenburg Thalmann analyst Paul Fremont has downgraded OGE Energy (NYSE:OGE) from Buy to Neutral and set a price target of $34.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 7:35 pm

AA

Alcoa Corp's stock (AA) is trading lower following UBS's initiation of coverage with a Sell rating and a price target of $29.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 7:23 pm

ZS

Truist Securities analyst Ki Bin Kim has reaffirmed a Buy rating on Zscaler (NASDAQ:ZS) and increased the price target from $205 to $230.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 7:22 pm

SNOW

Truist Securities analyst Ki Bin Kim has reaffirmed a Buy rating on Snowflake (NYSE:SNOW) and increased the price target from $210 to $230.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 7:21 pm

SPG

Truist Securities analyst Ki Bin Kim has maintained a Hold rating on Simon Property Group (NYSE:SPG) and increased the price target from $128 to $139.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 7:19 pm