Streetbeat News

Price Targets

SLAB

JP Morgan analyst Peter Peng has initiated coverage on Silicon Laboratories (NASDAQ:SLAB) with an Overweight rating and set a price target of $145.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 12:30 pm

HCP

HashiCorp Inc. (NASDAQ: HCP) exceeded Q3 earnings expectations with earnings of 3 cents per share against an expected loss of 4 cents, and revenue of $146.13 million against an estimate of $143.24 million. Full-year 2024 earnings are projected to be between losses of 14 to 12 cents per share, better than the estimated loss of 22 cents, with revenue expected between $576 million and $578 million, surpassing the $573.46 million estimate. Despite the positive results, HashiCorp shares dropped slightly by 0.1% to close at $24.90. Post-earnings, Needham reduced its price target from $36 to $27 but maintained a Buy rating, while TD Cowen lowered its price target from $28 to $23 and downgraded the stock from Outperform to Market Perform.

Portfolio Pulse from Avi Kapoor

December 08, 2023 | 12:28 pm

CLH

Wells Fargo analyst John Mazzoni has initiated coverage on Clean Harbors (NYSE:CLH) with an Overweight rating and set a price target of $190.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 12:24 pm

WIX

B of A Securities analyst Michael McGovern has reinstated a Buy rating on Wix.com (NASDAQ:WIX) with a price target of $126.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 12:20 pm

APDN

BEAM

CTAS

DECK

DG

FSLR

LULU

RH

TOL

VEEV

Wall Street analysts have updated their price targets and ratings for several companies. Citigroup raised Deckers Outdoor's target but downgraded the stock to Neutral. HC Wainwright cut Applied DNA Sciences' target but maintained a Buy rating. Jefferies downgraded Beam Therapeutics and lowered its target. Citigroup increased Dollar General's target while maintaining a Neutral rating. Morgan Stanley upgraded First Solar and raised its target. Barclays raised Lululemon's target and kept an Overweight rating. Keybanc lowered Veeva Systems' target but kept an Overweight rating. Raymond James increased Toll Brothers' target and maintained a Strong Buy rating. Deutsche Bank raised Cintas' target but downgraded the stock to Hold. Telsey Advisory cut RH's target and maintained a Market Perform rating.

Portfolio Pulse from Avi Kapoor

December 08, 2023 | 12:20 pm

VTLE

B of A Securities analyst John Abbott has initiated coverage on Vital Energy (NYSE:VTLE) with an Underperform rating and set a price target of $48.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 12:16 pm

CELC

HC Wainwright & Co. analyst Swayampakula Ramakanth has initiated coverage on Celcuity (NASDAQ:CELC) with a Buy rating and set a price target of $27.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 12:14 pm

SHO

WFC

Wells Fargo analyst Dori Kesten downgraded Sunstone Hotel Investors (NYSE:SHO) from Equal-Weight to Underweight and set a price target of $9.5.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 12:10 pm

HCP

TD Cowen analyst Derrick Wood has downgraded HashiCorp (NASDAQ:HCP) from Outperform to Market Perform and reduced the price target from $28 to $23.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 12:08 pm

HCP

Needham analyst Alex Henderson has maintained a Buy rating on HashiCorp (NASDAQ:HCP) but has reduced the price target from $36 to $27.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 12:07 pm