Streetbeat News

Price Targets

BRP

BRP Group's stock is trading higher following an upgrade by Raymond James from Outperform to Strong Buy, with a new price target set at $30.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 5:29 pm

HUBS

HubSpot's stock (HUBS) is trading higher following an upgrade from Piper Sandler, which changed its rating from Neutral to Overweight and increased the price target from $515 to $610.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 5:17 pm

CROX

BofA Securities analyst Christopher Nardone initiated coverage of Crocs, Inc. (NASDAQ:CROX) with a Buy rating and a $128 price target. Crocs has seen a 25% annual sales growth since 2019, popular among Gen Z, and is expected to maintain strong momentum. Growth drivers include new products, collaborations, gains in the sandals segment, a solid kid's business, and expansion in Asia-Pacific. The company is also addressing strategic issues from the HD brand post-acquisition in February 2022.

Portfolio Pulse from Priya Nigam

December 12, 2023 | 5:10 pm

KRTX

Karuna Therapeutics (NASDAQ:KRTX) has received 8 analyst ratings in the last quarter, all of which are bullish or somewhat bullish. The average price target is $271.5, representing an upside from the current price of $203.71. This is a slight decrease from the previous average price target of $272.33. Analysts rate stocks to provide investment guidance, but their advice may be subject to error.

Portfolio Pulse from Benzinga Insights

December 12, 2023 | 5:01 pm

SQM

Over the past 3 months, 5 analysts have provided their opinions on Sociedad Quimica Y Minera (NYSE:SQM), with 4 being somewhat bullish and 1 somewhat bearish. The average 12-month price target for SQM is $71.4, with a high of $84.00 and a low of $59.00. This target has decreased by 13.63% from the previous target of $82.67. Analyst ratings are based on company data, financial statements, and insider information.

Portfolio Pulse from Benzinga Insights

December 12, 2023 | 5:00 pm

BKNG

Over the past 3 months, 12 Wall Street analysts have provided ratings for Booking Holdings (NASDAQ:BKNG), with an average price target of $3552.25, representing an upside from the current price of $3385. The distribution of ratings is 4 bullish, 6 somewhat bullish, and 2 indifferent, with no bearish ratings. The current average price target has increased by 5.3% from the previous target of $3373.38.

Portfolio Pulse from Benzinga Insights

December 12, 2023 | 5:00 pm

TXG

B of A Securities upgraded 10x Genomics (NASDAQ:TXG) to Neutral with a new price target of $54.00, up from the previous target of $36.00. TXG shares are currently trading up 2.26% at $49.23, and the new target suggests a potential upside of 9.69%. 10x Genomics is a life science technology company that generates most of its revenue from consumables.

Portfolio Pulse from Benzinga Insights

December 12, 2023 | 5:00 pm

NEP

Mizuho has maintained its Buy rating for NextEra Energy Partners (NEP) but reduced its price target from $40.00 to $33.00. NEP's shares are currently trading at $26.80, down 0.04% over the last 24 hours. The new price target suggests a potential upside of 23.13% from the current price. NextEra Energy Partners focuses on owning and managing contracted clean energy projects and natural gas infrastructure assets in North America.

Portfolio Pulse from Benzinga Insights

December 12, 2023 | 5:00 pm

DRI

Darden Restaurants (NYSE:DRI) has received 20 analyst ratings in the last quarter, with an average price target of $171.15, representing an upside from the current price of $161.2. The ratings include 3 bullish, 14 somewhat bullish, and 3 indifferent, with no bearish ratings. The new average price target is a 1.96% decrease from the previous target of $174.58. Analysts rate stocks based on research and provide guidance to investors, though their predictions are opinions and subject to human error.

Portfolio Pulse from Benzinga Insights

December 12, 2023 | 5:00 pm

GOGO

Roth MKM has maintained its Buy rating on Gogo Inc (NASDAQ:GOGO) but reduced its price target from $18.75 to $17.50. Gogo's shares are currently trading at $10.21, and the new price target suggests a potential upside of 71.4%. Gogo provides in-flight connectivity and entertainment services to the aviation industry.

Portfolio Pulse from Benzinga Insights

December 12, 2023 | 5:00 pm