Streetbeat News

Price Targets

FPI

Raymond James analyst Buck Horne has maintained an Outperform rating on Farmland Partners (NYSE:FPI) and increased the price target from $14 to $15.

Portfolio Pulse from Benzinga Newsdesk

December 26, 2023 | 12:19 pm

DKNG

DraftKings (NASDAQ:DKNG) has been the subject of 18 analyst ratings in the past three months, with a consensus leaning towards bullish. The average 12-month price target is $44.78, up from $39.36, with a high estimate of $50.00 and a low of $36.00. Analysts from firms like Needham, Argus Research, Craig-Hallum, Guggenheim, Benchmark, Susquehanna, UBS, Truist Securities, and Morgan Stanley have provided updates, with most maintaining or raising their price targets. DraftKings operates in online sports and casino gambling, and has shown a revenue growth rate of 57.38% as of September 30, 2023, but struggles with profitability and efficiency, as indicated by its net margin and ROE/ROA figures.

Portfolio Pulse from Benzinga Insights

December 26, 2023 | 12:00 pm

ALVR

B of A Securities analyst Jason Zemansky has downgraded AlloVir (NASDAQ:ALVR) from Buy to Underperform and significantly reduced the price target from $17 to $1, indicating a bearish outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

December 26, 2023 | 11:56 am

ARM

DRI

GE

MU

SEIC

Wall Street analysts with high accuracy rates have made new stock picks, with Piper Sandler's Sumeet Mody maintaining a Neutral rating on SEI Investments Company (SEIC) with a price target increase, Deutsche Bank's Ross Seymore downgrading Arm Holdings plc (ARM) with a price target increase, Oppenheimer's Brian Bittner reiterating an Outperform rating on Darden Restaurants, Inc. (DRI) with a significant upside, Wells Fargo's Aaron Rakers maintaining an Overweight rating on Micron Technology, Inc. (MU) with a notable upside, and JP Morgan's Seth Seifman maintaining a Neutral rating on General Electric Company (GE) with a raised price target.

Portfolio Pulse from Avi Kapoor

December 26, 2023 | 11:49 am

PAYX

Citigroup analyst Peter Christiansen has maintained a Neutral rating on Paychex (NASDAQ:PAYX) but has reduced the price target from $130 to $125.

Portfolio Pulse from Benzinga Newsdesk

December 26, 2023 | 11:39 am

EQ

HC Wainwright & Co. analyst Raghuram Selvaraju has maintained a Buy rating on Equillium (NASDAQ:EQ) but reduced the price target from $4.5 to $4.

Portfolio Pulse from Benzinga Newsdesk

December 26, 2023 | 11:22 am

AXSM

HC Wainwright & Co. analyst Raghuram Selvaraju has reiterated a Buy rating on Axsome Therapeutics (NASDAQ:AXSM) and maintained a price target of $180.

Portfolio Pulse from Benzinga Newsdesk

December 26, 2023 | 11:22 am

TYRA

HC Wainwright & Co. analyst Mitchell Kapoor has reiterated a Buy rating on Tyra Biosciences (NASDAQ:TYRA) and maintained a $19 price target on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

December 26, 2023 | 11:20 am

DKNG

Needham analyst Bernie McTernan has reiterated a Buy rating on DraftKings (NASDAQ:DKNG) and maintained a $50 price target for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

December 26, 2023 | 11:18 am

RVPH

HC Wainwright & Co. analyst Raghuram Selvaraju has reiterated a Buy rating on Reviva Pharmaceuticals (NASDAQ:RVPH) and maintained a $20 price target on the stock.

Portfolio Pulse from Benzinga Newsdesk

December 26, 2023 | 11:17 am