Streetbeat News

Price Targets

ADBE

Adobe Inc. (NASDAQ:ADBE) is expected to report Q4 earnings of $4.14 per share, up from $3.60 per share a year ago, with revenue estimated at $5.03 billion, up from $4.53 billion. The company faces an EU antitrust complaint over its $20 billion Figma acquisition. Shares rose 0.3% to $627.11. Analysts have recently adjusted price targets, with the most accurate analysts maintaining positive ratings and raising targets.

Portfolio Pulse from Avi Kapoor

December 12, 2023 | 3:32 pm

DRI

Evercore ISI Group analyst David Palmer has maintained an In-Line rating on Darden Restaurants (NYSE:DRI) and increased the price target from $160 to $170.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 3:31 pm

CI

Deutsche Bank analyst George Hill has maintained a Hold rating on Cigna Group (NYSE:CI) and increased the price target from $351 to $355.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 3:28 pm

PEN

Truist Securities analyst David Rescott has reaffirmed a Buy rating on Penumbra (NYSE:PEN) and increased the price target from $240 to $265, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 3:26 pm

AVTR

Deutsche Bank analyst Justin Bowers has maintained a Hold rating on Avantor (NYSE:AVTR) and increased the price target from $20 to $22.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 3:25 pm

AA

B. Riley Securities analyst Lucas Pipes has maintained a Neutral rating on Alcoa (NYSE:AA) and reduced the price target from $26 to $25.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 3:19 pm

AMKR

B. Riley Securities analyst Craig Ellis has reaffirmed a Buy rating on Amkor Technology (NASDAQ:AMKR) and increased the price target from $35 to $40.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 3:15 pm

EDIT

Truist Securities analyst Joon Lee has reaffirmed a Buy rating on Editas Medicine (NASDAQ:EDIT) and increased the price target from $15 to $20.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 3:13 pm

ISRG

Truist Securities analyst Richard Newitter has maintained a Buy rating on Intuitive Surgical (NASDAQ:ISRG) and increased the price target from $320 to $375.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 3:06 pm

MCD

Truist Securities analyst Jake Bartlett has reaffirmed a Buy rating on McDonald's (NYSE:MCD) and increased the price target from $335 to $340, signaling confidence in the company's stock performance.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 3:02 pm