Streetbeat News

Price Targets

NVDA

PLTR

NVIDIA Corp (NVDA) and Palantir Technologies Inc (PLTR) are both AI-focused stocks that have seen significant gains in 2023, with NVDA up 245% and PLTR up 168%. NVDA is currently trading around $490 with a consensus price target of $600, indicating a potential upside of over 20%. Analyst Vivek Arya from BofA Securities is optimistic about NVDA's future due to strong free cash flow and a shift to recurring revenue. PLTR, trading around $16, has a consensus price target of $13.21, suggesting a potential downside. Jefferies analyst Brent Hill downgraded PLTR due to concerns over AI hype and unclear monetization strategy. Analyst consensus and a forward P/E ratio comparison suggest NVDA may offer more upside potential in 2024, while PLTR is considered riskier with a trailing P/E of 228.29.

Portfolio Pulse from Surbhi Jain

January 08, 2024 | 4:33 pm

ZI

RBC Capital analyst Rishi Jaluria has downgraded ZoomInfo Technologies (ZI) from Sector Perform to Underperform and reduced the price target from $16 to $14. This reflects a more bearish outlook on the company's stock performance.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 4:28 pm

WRB

RBC Capital analyst Scott Heleniak has downgraded WR Berkley (NYSE:WRB) from Outperform to Sector Perform and set a price target of $73.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 4:25 pm

MKL

RBC Capital analyst Scott Heleniak has downgraded Markel Group (NYSE:MKL) from Outperform to Sector Perform and set a price target of $1475.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 4:23 pm

PHM

Citigroup analyst Anthony Pettinari has downgraded PulteGroup (NYSE:PHM) from Buy to Neutral, while also raising the price target for the company's stock from $87 to $113.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 4:19 pm

VRSK

B of A Securities analyst Heather Balsky downgraded Verisk Analytics (NASDAQ:VRSK) from Buy to Neutral and reduced the price target from $270 to $260.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 4:17 pm

FN

JP Morgan analyst Samik Chatterjee has downgraded Fabrinet (NYSE:FN) from Overweight to Neutral, while also raising the company's price target from $185 to $210.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 4:15 pm

GRMN

JP Morgan analyst Samik Chatterjee downgraded Garmin Ltd. (GRMN) from Overweight to Neutral and set a price target of $135.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 4:12 pm

NTAP

JP Morgan analyst Samik Chatterjee has downgraded NetApp (NASDAQ:NTAP) from Neutral to Underweight and set a price target of $87.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 4:09 pm

ST

JP Morgan analyst Samik Chatterjee has downgraded Sensata Technologies (NYSE:ST) from Neutral to Underweight and set a price target of $34.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 4:07 pm