Streetbeat News

Price Targets

STLC

JP Morgan analyst Michael Glick has maintained an Overweight rating on Stelco Holdings and increased the price target from C$52 to C$60.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 8:24 pm

RGEN

JP Morgan analyst Tycho Peterson has maintained an Overweight rating on Repligen (NASDAQ:RGEN) and increased the price target from $170 to $210. This adjustment reflects a positive outlook on the company's stock performance.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 8:19 pm

QGEN

JP Morgan analyst Tycho Peterson has reaffirmed an Overweight rating on Qiagen (NYSE:QGEN) and increased the price target from $45 to $50.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 8:17 pm

AFRM

WMT

Affirm Holdings Inc (NASDAQ:AFRM) shares have risen following the extension of its partnership with Walmart Inc (NYSE:WMT). Mizuho Securities analyst Dan Dolev maintains a bullish stance on Affirm, predicting its evolution into a comprehensive financial services firm. Dolev maintains a Buy rating and raises the price target from $30 to $65, anticipating a significant increase in GMV by fiscal 2026 due to the Affirm Card and higher GMV per user for direct deposit users. Despite the positive outlook, Affirm's shares were down 6.15% at the time of the report.

Portfolio Pulse from Priya Nigam

December 20, 2023 | 8:17 pm

PEN

JP Morgan analyst Robbie Marcus has maintained an Overweight rating on Penumbra (NYSE:PEN) and increased the price target from $240 to $284.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 8:15 pm

AAPL

Wedbush analyst Daniel Ives predicts Apple Inc (AAPL) will reach a $4 trillion market cap by the end of 2024, maintaining an Outperform rating with a $250 price target. Ives highlights strong iPhone demand, potential for an AI app store, and robust services revenue growth as key drivers. Despite concerns over China, Ives sees a strong holiday season and iPhone 15 growth exceeding estimates, with 100 million iPhones in China poised for upgrades. Apple shares are currently trading at $195.84, up over 57% year-to-date.

Portfolio Pulse from Chris Katje

December 20, 2023 | 8:13 pm

ICLR

JP Morgan analyst Tycho Peterson has maintained an Overweight rating on Icon (NASDAQ:ICLR) and increased the price target from $295 to $330.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 8:12 pm

HWM

JP Morgan analyst Seth Seifman has maintained an Overweight rating on Howmet Aerospace (NYSE:HWM) and increased the price target from $54 to $55. This adjustment reflects a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 8:11 pm

ACN

Morgan Stanley analyst James Faucette has maintained a Buy rating on Accenture Plc (NYSE:ACN) with a raised price target of $369 from $355. Faucette favors ACN for its consistent M&A execution and ability to adapt to new technologies. Despite a conservative 2Q outlook, he expects a strong back-half ramp supported by M&A revenue. He also notes ACN's disciplined spending on M&A and strength in bookings, with Managed Services growing by 20% Y/Y and Consulting by 6% Y/Y. Faucette is confident in ACN's potential for organic growth through strategic acquisitions, even in a challenging macro environment.

Portfolio Pulse from Anusuya Lahiri

December 20, 2023 | 8:11 pm

GE

JP Morgan analyst Seth Seifman has maintained a Neutral rating on General Electric (NYSE:GE) and increased the price target from $124 to $136.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 8:09 pm