Streetbeat News

Price Targets

CHWY

Goldman Sachs analyst Eric Sheridan has maintained a Buy rating on Chewy (NYSE:CHWY) but has reduced the price target from $45 to $40.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 2:30 pm

BRZE

Goldman Sachs analyst Gabriela Borges has reaffirmed a Buy rating on Braze (NASDAQ:BRZE) and increased the price target from $55 to $63, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 2:29 pm

AVTR

Goldman Sachs analyst Matthew Sykes has reaffirmed a Buy rating on Avantor (NYSE:AVTR) and increased the price target from $23 to $26.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 2:28 pm

A

Goldman Sachs analyst Matthew Sykes has reaffirmed a Buy rating on Agilent Technologies (NYSE:A) and increased the price target from $128 to $145.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 2:27 pm

DMK

Maxim Group analyst Michael Okunewitch has initiated coverage on DMK Pharmaceuticals (NASDAQ:DMK) with a Buy rating and set a price target of $1.5.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 2:19 pm

CHWY

Chewy Inc (NYSE:CHWY) stock declined after reporting mixed Q3 results, missing revenue estimates with $2.74 billion against the expected $2.76 billion, but beating EPS estimates with 15 cents over an expected 6 cent loss. Year-over-year sales increased by 8.2%, and gross margin improved slightly to 28.5%. Active customers decreased by 1.3% while net sales per active customer rose by 13.8%. Full-year 2023 net sales guidance was lowered from $11.15-$11.35 billion to $11.08-$11.1 billion. Chewy appointed David Reeder as the new CFO. Analysts from Barclays, Needham, Raymond James, JMP Securities, and Morgan Stanley lowered their price targets for Chewy.

Portfolio Pulse from Adam Eckert

December 07, 2023 | 2:14 pm

BMBL

Wells Fargo analyst Ken Gawrelski has initiated coverage on Bumble (NASDAQ:BMBL) with an Overweight rating and set a price target of $19 for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 2:12 pm

ALKT

Stephens & Co. analyst Charles Nabhan has downgraded Alkami Technology (NASDAQ:ALKT) from Overweight to Equal-Weight and set a price target of $24. This reflects a change in the firm's outlook on the stock, suggesting a more neutral stance.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 2:04 pm

CHPT

B. Riley Securities analyst Christopher Souther has downgraded ChargePoint Holdings (CHPT) from Buy to Neutral and set a new price target of $2.5. This change reflects a revised outlook on the company's stock by the analyst.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 2:02 pm

SPHR

Sphere Entertainment (NYSE:SPHR) has received 4 analyst ratings in the last quarter, with 2 bullish and 2 indifferent, and no bearish ratings. The average price target is $34.25, representing an implied upside from the current price of $32.22. This target has increased by 14.17% from the previous target of $30.00. Analyst ratings are opinions based on financial analysis and are meant to guide investors.

Portfolio Pulse from Benzinga Insights

December 07, 2023 | 2:00 pm