Streetbeat News

Price Targets

WBA

HSBC analyst Daniela Bretthauer has initiated coverage on Walgreens Boots Alliance (WBA) with a Hold rating and set a price target of $27.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 10:55 am

CVS

HSBC analyst Daniela Bretthauer has initiated coverage on CVS Health (NYSE:CVS) with a Buy rating and set a price target of $94 for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 10:50 am

PAYX

Barclays analyst Ramsey El-Assal has maintained an Equal-Weight rating on Paychex (NASDAQ:PAYX) but reduced the price target from $126 to $120.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 10:49 am

CCL

Barclays analyst Brandt Montour has maintained an Overweight rating on Carnival Corporation (NYSE:CCL) and increased the price target from $22 to $24.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 10:47 am

KDP

HSBC analyst Carlos Laboy has initiated coverage on Keurig Dr Pepper (NASDAQ:KDP) with a Hold rating and set a price target of $37 for the stock.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 10:47 am

NKE

TD Cowen analyst John Kernan downgraded Nike (NYSE:NKE) from Outperform to Market Perform and reduced the price target from $129 to $104, indicating a more cautious view on the stock's near-term performance.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 10:35 am

AVDX

Barclays analyst Ramsey El-Assal has maintained an Overweight rating on AvidXchange Holdings (NASDAQ:AVDX) and increased the price target from $13 to $14.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 10:33 am

AAPL

AMZN

GOOGL

META

MSFT

NVDA

TSLA

Tesla, Inc. (TSLA) has been the most shorted mega-cap stock and has caused the largest losses to short sellers in 2023, amounting to $12.6 billion. The broader S&P 500 Index's strong performance contributed to short sellers' total losses of $178 billion. Other companies like Nvidia (NVDA), Apple (AAPL), Meta Platforms (META), Microsoft (MSFT), and Alphabet (GOOGL/GOOG) also saw significant short seller losses. Analysts are split on Tesla's future, with some expecting challenges and others seeing growth opportunities. Wedbush analyst Daniel Ives raised Tesla's price target to $350, suggesting a 38% upside.

Portfolio Pulse from Shanthi Rexaline

December 22, 2023 | 10:32 am

LIAN

Jefferies analyst Michael Yee has downgraded LianBio (NASDAQ:LIAN) from Buy to Hold and reduced the price target from $7 to $4.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 10:32 am

CERE

Jefferies analyst Michael Yee has downgraded Cerevel Therapeutics Holdings (CERE) from 'Buy' to 'Hold' but increased the price target from $40 to $45.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 10:24 am