Streetbeat News

Price Targets

NET

Truist Securities analyst Ki Bin Kim has reaffirmed a Buy rating on Cloudflare (NYSE:NET) and increased the price target from $80 to $90.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 6:53 pm

CHKP

Truist Securities analyst Joel Fishbein has reaffirmed a Buy rating on Check Point Software (NASDAQ:CHKP) and increased the price target from $140 to $170.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 6:50 pm

RENT

Rent The Runway's stock (RENT) is trading lower following a downgrade by Wells Fargo from Overweight to Equal-Weight, with a new price target set at $0.6.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 6:49 pm

CPT

Truist Securities analyst Michael Lewis has maintained a Buy rating on Camden Property Trust (NYSE:CPT) but has lowered the price target from $122 to $121.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 6:48 pm

BNL

Truist Securities analyst Ki Bin Kim has maintained a Hold rating on Broadstone Net Lease (NYSE:BNL) and increased the price target from $17 to $18.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 6:44 pm

BXP

Truist Securities analyst Barry Jonas has maintained a Hold rating on Boston Properties (NYSE:BXP) but reduced the price target from $79 to $77.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 6:43 pm

TEAM

Truist Securities analyst Joel Fishbein has maintained a Hold rating on Atlassian (NASDAQ:TEAM) and increased the price target from $180 to $220.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 6:38 pm

ADC

Truist Securities analyst Ki Bin Kim has reaffirmed a Buy rating on Agree Realty (NYSE:ADC) and increased the price target from $62 to $70.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 6:36 pm

HD

LOW

Wedbush analysts upgraded Home Depot Inc (HD) from Neutral to Overweight, raising the price target from $311 to $400. Analyst Peter Keith predicts Home Depot will outperform the market and its rival Lowe's Companies Inc (LOW), citing higher home equity extraction activity and the company's focus on professional customers and complex capabilities. Keith expects strong comparable store growth for Home Depot in the second half of 2024, accelerating in 2025 as large remodel spending rebounds.

Portfolio Pulse from Priya Nigam

January 16, 2024 | 6:19 pm

CHT

Chunghwa Telecom Inc. (NYSE:CHT) saw a 1.50% decrease in its share price to $38.07 in the current market session. Over the past month, the stock had a marginal increase of 0.05%, but it experienced a slight decline of 0.34% over the past year. The company's P/E ratio is lower than the industry average, which could indicate either potential undervaluation or a lack of shareholder confidence in future growth. Investors are advised to consider the P/E ratio alongside other financial metrics and qualitative factors.

Portfolio Pulse from Benzinga Insights

January 16, 2024 | 6:15 pm