Streetbeat News

Price Targets

GPN

Keybanc analyst Alex Markgraff has maintained an Overweight rating on Global Payments (NYSE:GPN) and increased the price target from $135 to $155.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 9:33 am

ALKT

Keybanc analyst Josh Beck has maintained an Overweight rating on Alkami Technology (NASDAQ:ALKT) and increased the price target from $21 to $26. This adjustment reflects a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 9:26 am

FISV

Keybanc analyst Alex Markgraff has upgraded Fiserv (incorrectly referred to as FI in the article, but correctly traded as FISV on the NYSE) from Sector Weight to Overweight and set a price target of $160.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 9:21 am

DZSI

Needham analyst Ryan Koontz has reiterated a Buy rating on DZS Inc. (NASDAQ:DZSI) and maintained a $9 price target for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 9:16 am

SIMO

Needham analyst Quinn Bolton has reiterated a Buy rating on Silicon Motion Technology (NASDAQ:SIMO) and maintained a $75 price target for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 9:13 am

MBLY

Raymond James analyst Brian Gesuale has maintained an Outperform rating on Mobileye Global (NASDAQ:MBLY) but has reduced the price target from $48 to $40.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 9:11 am

CMC

Commercial Metals Company (NYSE:CMC) is expected to report Q1 fiscal 2024 earnings of $1.45 per share, down from $2.24 the previous year, with revenue estimated at $1.89 billion. The company has declared a quarterly dividend of $0.16 per share. CMC's stock price slightly declined by 0.1% to $48.22 recently. Analysts from Citigroup, Keybanc, and Goldman Sachs have provided ratings and price target changes, with Citigroup and Keybanc being less optimistic and Goldman Sachs increasing its price target.

Portfolio Pulse from Avi Kapoor

January 08, 2024 | 8:28 am

ETHUSD

SOLUSD

Solana's native token, SOL, has dropped by 12% in the past 24 hours, interrupting its recent rally. The decline follows a peak in price and transaction volume due to airdrops of new tokens like JITO and BONK, which also led to the sell-out of Solana's Saga phone. However, post-airdrop, tokens JITO, WIF, and BONK saw significant price drops. Solana's TVL in SOL also decreased by 17%. Max Keiser commented on the situation, suggesting a 'rug pull' has begun, while analyst Pentoshi expects SOL could drop to the $70s but remains optimistic about holding ecosystem coins.

Portfolio Pulse from Mehab Qureshi

January 08, 2024 | 6:06 am

ETHUSD

Crypto analyst CrediBULL Crypto predicts Ethereum (ETH) could reach $10,000 to $20,000 in 2024, representing a 343% to 786% increase from its current price of $2,244.18. The prediction is supported by data from Santiment showing significant accumulation of ETH by whale investors, with the top 150 self-custody wallets holding a record 56.25 million ETH. Exchange wallets hold 9.46 million ETH, the lowest since June 2018, indicating a preference for self-custody among large holders.

Portfolio Pulse from Bibhu Pattnaik

January 06, 2024 | 3:16 pm

MBLY

Needham analyst Quinn Bolton maintained a Buy rating on Mobileye Global Inc (NASDAQ:MBLY) but lowered the price target from $43 to $36 due to challenges in the auto industry, inventory corrections, and geopolitical factors. Preliminary 4Q23 results showed better operating income than expected, but FY24 guidance was below expectations. MBLY has built up significant EyeQ inventory, which may see digestion in 1Q24. The company's market share remains unchanged, but key customers may have lost share to competitors. The ongoing Israel-Hamas war could impact operating expenses. Bolton's CY25 revenue and EPS estimates were reduced, reflecting in the price target cut. MBLY shares dropped 1.77% to $30.50.

Portfolio Pulse from Anusuya Lahiri

January 05, 2024 | 8:59 pm