Streetbeat News

Price Targets

NVRO

RBC Capital analyst Shagun Singh has downgraded Nevro Corp (NYSE:NVRO) from Outperform to Sector Perform and reduced the price target from $23 to $20.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 11:13 am

LSPD

Barclays analyst Raimo Lenschow has maintained an Overweight rating on Lightspeed Commerce (NYSE:LSPD) and increased the price target from $20 to $23, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 11:10 am

ICL

Barclays analyst Benjamin Theurer has downgraded ICL Group (NYSE:ICL) from Overweight to Underweight and reduced the price target from $6.5 to $4.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 11:09 am

KVYO

Barclays analyst Raimo Lenschow has maintained an Equal-Weight rating on Klaviyo (NYSE:KVYO) but reduced the price target from $37 to $32.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 11:05 am

TSLA

Tesla, Inc. (NASDAQ:TSLA) faces potential stock price decline as it announces further price cuts for its Model 3 vehicles in China, despite investor hopes for an end to such reductions. Gary Black of Future Fund predicts a decrease in Tesla's 2024 earnings estimates by $1 billion or 25-30 cents per share and has lowered his own estimate by 7%. He does not expect increased sales from the price cuts and anticipates other Chinese automakers to follow suit. Tesla's stock is set to open at a 2-month low, with a 3% drop in early trading to $220.40, after closing at $227.22 on Thursday.

Portfolio Pulse from Shanthi Rexaline

January 12, 2024 | 11:01 am

MHK

RBC Capital analyst Michael Dahl has upgraded Mohawk Industries (NYSE:MHK) from Underperform to Sector Perform and increased the price target from $80 to $101.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 10:49 am

TMHC

RBC Capital analyst Mike Dahl has upgraded Taylor Morrison Home (NYSE:TMHC) from Sector Perform to Outperform and increased the price target from $43 to $57.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 10:44 am

IFF

Jefferies analyst Laurence Alexander has upgraded Intl Flavors & Fragrances (IFF) from Hold to Buy and increased the price target from $73 to $112.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 10:42 am

CF

Barclays analyst Benjamin Theurer has upgraded CF Industries Holdings (NYSE:CF) from Underweight to Equal-Weight and set a price target of $85. This upgrade reflects a change in Barclays' view of the stock's valuation and future performance prospects.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 10:38 am

PRO

Keybanc analyst Jason Celino upgraded Pros Holdings (NYSE:PRO) from Sector Weight to Overweight and set a price target of $43.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 10:36 am