Streetbeat News

Price Targets

ABT

Raymond James analyst Jayson Bedford has maintained an Outperform rating on Abbott Laboratories (NYSE:ABT) and increased the price target from $110 to $124.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 4:24 pm

BLMN

Raymond James analyst Brian Vaccaro has maintained an Outperform rating on Bloomin' Brands (NASDAQ:BLMN) and increased the price target from $28 to $30.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 4:23 pm

APTV

Aptiv's stock (APTV) trades lower following a downgrade by Baird from Outperform to Neutral, with a reduced price target from $105 to $96.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 4:18 pm

APGE

Guggenheim analyst Seamus Fernandez has reaffirmed a Buy rating on Apogee Therapeutics (NASDAQ:APGE) and increased the price target from $29 to $44.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 4:17 pm

JMIA

Jumia Technologies' stock (JMIA) is trading higher following an upgrade by Morgan Stanley from Underweight to Equal-Weight and an increase in the price target from $3 to $3.6.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 4:14 pm

SCWO

Maxim Group analyst Tate Sullivan has initiated coverage on 374Water (NASDAQ:SCWO) with a Buy rating and set a price target of $3. This new coverage could influence investor sentiment and potentially impact the stock's performance in the short term.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 4:14 pm

RKT

Rocket Companies' stock (RKT) trades lower following downgrades by Keefe, Bruyette & Woods and Wells Fargo. Keefe, Bruyette & Woods downgraded RKT from Market Perform to Underperform with a $10.75 price target, while Wells Fargo shifted from Overweight to Equal-Weight.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 4:13 pm

PCT

Craig-Hallum analyst Eric Stine has downgraded PureCycle Technologies (NASDAQ:PCT) from Buy to Hold and set a new price target of $4. The downgrade reflects a more cautious stance on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 4:10 pm

GOTU

Gaotu Techedu's stock (GOTU) is trading higher following an upgrade from Citigroup, changing its rating from Sell to Buy and increasing the price target from $2.48 to $4.5.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 4:03 pm

CPE

Callon Petroleum (NYSE:CPE) has been analyzed by 4 financial analysts, showing a shift towards a more bearish sentiment with a decrease in the average price target by 14.13% to $41.5. The company faces challenges in revenue growth, profitability, and returns, with a recent revenue decline of -25.91% and below-average net margin, ROE, and ROA. Despite this, Callon maintains a balanced debt approach with a debt-to-equity ratio of 0.5. Analysts' ratings range from 'Neutral' to 'Outperform' with price targets between $40.00 and $44.00.

Portfolio Pulse from Benzinga Insights

January 03, 2024 | 4:01 pm