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Price Targets

FWRD

Forward Air Corporation (NASDAQ:FWRD) announced a 5.9% general rate increase for shipments starting February 5, 2024. This adjustment is to support continued investment in customer support, safety, and service enhancements amid rising operating costs in the freight transportation industry, including real estate, equipment, cost per mile, and inflation. Forward Air is known for its expedited less-than-truckload (LTL) services, on-time performance, speed, and low damage rates.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 2:28 pm

ITCI

TD Cowen analyst Joseph Thome has initiated coverage on Intra-Cellular Therapies (NASDAQ:ITCI) with an Outperform rating and set a price target of $75 for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 2:25 pm

MU

UBS analyst Timothy Arcuri has reaffirmed a Buy rating on Micron Technology (NASDAQ:MU) and increased the price target from $76 to $90, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 2:22 pm

PARA

Loop Capital analyst Alan Gould has downgraded Paramount Global (NASDAQ:PARA) from Hold to Sell and set a new price target of $12.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 2:19 pm

MGY

Citigroup analyst Paul Diamond has downgraded Magnolia Oil & Gas (NYSE:MGY) from Neutral to Sell and reduced the price target from $24 to $18.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 2:17 pm

SNOW

TD Cowen analyst J. Derrick Wood has maintained an Outperform rating on Snowflake (NYSE:SNOW) and increased the price target from $215 to $230.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 2:14 pm

SE

DBS Bank analyst Sachin Mittal downgraded Sea (NYSE:SE) from Buy to Hold and set a price target of $42.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 2:07 pm

SMCI

Susquehanna analyst Mehdi Hosseini downgraded Super Micro Computer (NASDAQ:SMCI) from Neutral to Negative and set a price target of $160.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 2:05 pm

ALGN

Over the past 3 months, 7 Wall Street analysts have provided ratings for Align Technology, Inc. (NASDAQ:ALGN), with 2 being bullish, 3 somewhat bullish, 1 indifferent, and 1 bearish. The average price target is now $285.0, down 27.85% from the previous target of $395.00, suggesting an upside from the current price of $216.77. The ratings indicate a mixed outlook from analysts on ALGN stock.

Portfolio Pulse from Benzinga Insights

December 11, 2023 | 2:00 pm

PINS

Pinterest stock (PINS) has seen an increase in its trading price following an upgrade from RBC Capital, which changed its rating from Sector Perform to Outperform and increased the price target from $32 to $46.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 2:00 pm