Streetbeat News

Price Targets

BFH

Bread Finl Hldgs (NYSE:BFH) has received 4 indifferent, 2 somewhat bearish, and 2 bearish analyst ratings within the last quarter. The average 12-month price target for BFH is $30.88, with a high of $36.00 and a low of $24.00. This target has decreased by 19.58% from the previous average of $38.40. Analysts rate stocks based on research and company financials, and these ratings can influence investor decisions.

Portfolio Pulse from Benzinga Insights

December 13, 2023 | 6:00 pm

WCN

Over the past 3 months, 8 Wall Street analysts have provided ratings for Waste Connections (NYSE:WCN), with 1 bullish and 7 somewhat bullish, and none bearish. The average 12-month price target for WCN is $160.75, with a high of $175.00 and a low of $146.00. This target has increased by 1.74% over the past month. Analyst ratings are opinions on stock performance based on research and are updated typically once a quarter.

Portfolio Pulse from Benzinga Insights

December 13, 2023 | 6:00 pm

KRYS

Krystal Biotech (NASDAQ:KRYS) received 5 analyst ratings in the last quarter, with 2 bullish and 3 somewhat bullish, and none bearish. The 12-month average price target is $164.0, a 2.5% increase from the previous $160.00 target. Ratings are based on financial analysis and are subject to human error.

Portfolio Pulse from Benzinga Insights

December 13, 2023 | 6:00 pm

PERI

Perion Network Ltd (NASDAQ:PERI) stock rose on Wednesday after Oppenheimer analyst Jason Helfstein reiterated an Outperform rating and a price target of $45, naming it a top small-cap pick. The positive outlook follows PERI's acquisition of Hivestack, a digital out-of-home (DOOH) platform, for $125 million. The acquisition is expected to provide revenue and EBITDA growth through geographic cross-selling and operational leverage. Helfstein projects Q4 revenue and EPS for Perion at $231.12 million and $0.76, respectively. PERI shares were up 5.88% at $31.49.

Portfolio Pulse from Anusuya Lahiri

December 13, 2023 | 5:34 pm

RBLX

Roblox Corp (NYSE:RBLX) stock rose after Wells Fargo analyst Ken Gawrelski initiated coverage with an Overweight rating and a price target of $49, citing advertising upside and a strong free cash flow projection. The company's engagement with pop culture, demonstrated by Nicki Minaj's collaboration, and its Investor Day highlights, including advertising strategies and bookings growth, support the positive outlook. RBLX shares were up 1.71% at $42.76.

Portfolio Pulse from Anusuya Lahiri

December 13, 2023 | 5:23 pm

AUTL

Autolus Therapeutics' stock (AUTL) is trading higher following Goldman Sachs' decision to maintain a Neutral rating but increase the price target from $3.2 to $4.8.

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 5:09 pm

SPY

LPL Research predicts a U.S. recession in 2024 due to consumer debt burdens but suggests a shallow recession could lead to Federal Reserve interest rate cuts, potentially boosting risk appetite. They anticipate the S&P 500, as tracked by SPDR S&P 500 ETF Trust (SPY), to approach 4,850 to 4,950 by the end of 2024, with a chance of exceeding 5,000. LPL recommends U.S. equities, favoring Energy and Communication Services sectors.

Portfolio Pulse from Piero Cingari

December 13, 2023 | 5:04 pm

OPRA

Opera shares have risen following Goldman Sachs' initiation of coverage with a Buy rating and a $16.5 price target.

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 5:01 pm

AZO

Over the past 3 months, 16 Wall Street analysts have published their opinions on AutoZone (NYSE:AZO), with 6 giving a bullish rating, 8 somewhat bullish, and 2 indifferent. There were no bearish or somewhat bearish ratings. The average 12-month price target for AutoZone is $2869.44, with a high of $3100.00 and a low of $2500.00, marking a 1.48% increase from the previous target of $2827.57. Analysts typically review stocks quarterly or after major company updates, using financial predictions and company performance to provide guidance.

Portfolio Pulse from Benzinga Insights

December 13, 2023 | 5:00 pm

NEM

Analysts have provided ratings for Newmont (NYSE:NEM) with 2 somewhat bullish and 2 indifferent ratings in the last quarter. The average price target is $45.25, representing an upside from the current price of $37.33. This target has increased by 5.23% from the previous target of $43.00. Analysts typically review stocks quarterly or after major company updates, considering financials, company calls, and insider communications.

Portfolio Pulse from Benzinga Insights

December 13, 2023 | 5:00 pm