Streetbeat News

Price Targets

INVH

Morgan Stanley analyst Adam Kramer has maintained an Overweight rating on Invitation Homes (NYSE:INVH) but reduced the price target from $38 to $37.

Portfolio Pulse from Benzinga Newsdesk

December 26, 2023 | 3:45 pm

GRCL

HC Wainwright & Co. analyst Emily Bodnar has downgraded Gracell Biotechnologies (GRCL) from Buy to Neutral and reduced the price target from $13 to $10.

Portfolio Pulse from Benzinga Newsdesk

December 26, 2023 | 3:29 pm

DSKE

Northland Capital Markets analyst Greg Gibas downgraded Daseke (NASDAQ:DSKE) from Outperform to Market Perform and set a price target of $8.3.

Portfolio Pulse from Benzinga Newsdesk

December 26, 2023 | 2:40 pm

WGO

DA Davidson analyst Brandon Rolle has maintained a Neutral rating on Winnebago Industries (NYSE:WGO) and increased the price target from $60 to $64.

Portfolio Pulse from Benzinga Newsdesk

December 26, 2023 | 2:29 pm

SNPS

Synopsys Inc. (NASDAQ:SNPS) saw a 1.61% increase in its share price to $532.89 in the current market session. Despite a 1.99% drop over the past month, the stock has risen by 69.01% over the past year. The P/E ratio is a key focus, with Synopsys having a lower P/E than the Software industry average, suggesting it could be undervalued or expected to perform worse than its peers. Investors are advised to consider the P/E ratio alongside other financial metrics and qualitative analysis for investment decisions.

Portfolio Pulse from Benzinga Insights

December 26, 2023 | 2:15 pm

ETH-USD

SOL-USD

Cryptocurrency analyst Altcoin Sherpa has increased his holdings in Solana (SOL), despite acknowledging it might not be the best time to buy. He believes SOL will continue its upward trend into 2024, citing its affordability and accessibility for new crypto users. Google search volume for 'Solana' has surged 250% in two months. Solana's price is currently at $122.64, up 7.73% in the last 24 hours, and has increased over 1,000% since the start of the year.

Portfolio Pulse from Mehab Qureshi

December 26, 2023 | 1:54 pm

SCCO

Southern Copper Inc. (NYSE:SCCO) stock has seen a 22.49% increase over the past month and a 44.12% increase over the past year, currently trading at $88.00. The company's P/E ratio is lower than the Metals & Mining industry average, which could indicate that the stock is undervalued or that investors have lower growth expectations. Investors are advised to consider the P/E ratio alongside other financial metrics and qualitative analysis for a comprehensive investment decision.

Portfolio Pulse from Benzinga Insights

December 26, 2023 | 1:45 pm

LGF

LGF/B

Rosenblatt analyst Barton Crockett has maintained a Buy rating on Lions Gate Entertainment (NYSE:LGF) and increased the price target from $17 to $20.

Portfolio Pulse from Benzinga Newsdesk

December 26, 2023 | 1:09 pm

ALVR

CMS

CTSH

EQ

FPI

HBAN

KRTX

MOD

OHI

PAYX

Wall Street analysts have updated their price targets and ratings for several companies. Karuna Therapeutics' target was raised but downgraded to Neutral. AlloVir's target was cut significantly and downgraded to Underperform. Farmland Partners, Huntington Bancshares, Cognizant Technology Solutions, Modine Manufacturing, and CMS Energy had their targets raised with positive ratings. Paychex and Omega Healthcare Investors had their targets cut with neutral and hold ratings, respectively. Equillium's target was slashed but maintained a Buy rating.

Portfolio Pulse from Avi Kapoor

December 26, 2023 | 1:03 pm