Streetbeat News

Price Targets

HSY

Hershey (NYSE:HSY) has received a mix of analyst ratings in the last quarter, with 2 bullish, 3 somewhat bullish, and 6 indifferent. No bearish ratings were reported. The average 12-month price target for Hershey is $220.45, with a high of $250.00 and a low of $180.00. This average has decreased by 12.0% from the previous average price target of $250.50. Analysts use various methods and metrics to determine their ratings and predictions for stocks like Hershey.

Portfolio Pulse from Benzinga Insights

December 08, 2023 | 7:00 pm

OC

Over the last quarter, Owens-Corning (NYSE:OC) received 2 somewhat bullish and 1 indifferent rating from analysts. The average 12-month price target for OC is $141.00, with a high of $155.00 and a low of $115.00. This target is a 13.32% decrease from the previous target of $162.67. Analysts provide ratings and forecasts based on financial statements, meetings, and insider information, but their predictions are not infallible.

Portfolio Pulse from Benzinga Insights

December 08, 2023 | 7:00 pm

DG

JP Morgan analyst Matthew Boss has maintained an Underweight rating on Dollar General (NYSE:DG) but increased the price target from $107 to $108.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 6:55 pm

DOCU

JP Morgan analyst Mark Murphy has maintained an Underweight rating on DocuSign (NASDAQ:DOCU) and reduced the price target from $50 to $45, indicating a bearish outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 6:53 pm

DPZ

JP Morgan analyst John Ivankoe has maintained an Overweight rating on Domino's Pizza (NYSE:DPZ) and increased the price target from $410 to $420.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 6:48 pm

DPZ

UBER

Morgan Stanley analyst Brian Harbour has reiterated an Overweight rating on Domino's Pizza Inc (DPZ) and increased the price target from $435 to $455, citing a strong long-term outlook. The analyst highlighted DPZ's strategic details, financial goals, and positive near-term indicators from its first investor day in years. DPZ is expected to continue gaining market share and aims for over $3 billion in incremental sales over the next 5 years. The partnership with Uber Technologies Inc (UBER) is also seen as a positive contributor to sales. DPZ's new long-term algorithm through 2028 includes a 7%+ global retail sales growth, 3%+ same-store sales growth, and 1,100+ annual net unit growth. The company targets $400 million incremental operating income by 2028, driven by top-line growth, disciplined investments, and moderate margin expansion post-2024. Internationally, DPZ aims for over $4 billion incremental sales through FY28, with significant growth expected from China and India. Technological advancements, including automation and AI, are seen as potential boosts for customer and store operations. Despite the positive outlook, DPZ shares were trading down by 1.94% at $394.22.

Portfolio Pulse from Shivani Kumaresan

December 08, 2023 | 6:45 pm

KROS

Wells Fargo analyst Tiago Fauth has initiated coverage on Keros Therapeutics with an Overweight rating and set a price target of $60. The Overweight rating suggests that the analyst believes KROS has a higher potential to outperform the average total return of the stocks in the analyst's coverage universe.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 6:35 pm

LULU

Lululemon Athletica Inc (NASDAQ:LULU) received increased price targets from several analysts after a strong Q3 earnings beat and announcing a $1 billion buyback. The company reported a 19% Y/Y revenue increase to $2.2 billion, surpassing estimates, and adjusted earnings of $2.53 per share, also above expectations. LULU's Q4 revenue forecast is slightly below estimates, but full-year 2023 revenue and earnings are expected to be strong. Analysts from Needham, Telsey Advisory Group, Goldman Sachs, Morgan Stanley, Barclays, JPMorgan, Keybanc, UBS, and Bernstein have all raised their price targets for LULU, with varying ratings from Buy to Market Perform.

Portfolio Pulse from Lekha Gupta

December 08, 2023 | 6:26 pm

STEM

Seven Wall Street analysts have provided their opinions on Stem, Inc. (NYSE:STEM) over the past three months, all indicating an indifferent stance with no bullish or bearish ratings. The average 12-month price target for STEM is $4.63, with a high forecast of $7.00 and a low of $3.70. This average price target reflects a 26.86% decrease from the previous average of $6.33. Analyst ratings are based on company data, financial statements, and insider information, and are intended to predict stock performance over the upcoming year.

Portfolio Pulse from Benzinga Insights

December 08, 2023 | 6:01 pm

GWRE

Guidewire Software (NYSE:GWRE) has received updated analyst ratings in the last quarter, with 2 bullish and 3 somewhat bullish ratings. No indifferent, somewhat bearish, or bearish ratings were reported. The average 12-month price target for GWRE is $111.4, which is a 12.75% increase from the previous target of $98.80. The high target is $117.00 and the low target is $100.00. Analysts' ratings are based on research, company financials, and insider communications, and are updated typically once per quarter.

Portfolio Pulse from Benzinga Insights

December 08, 2023 | 6:01 pm