Streetbeat News

Price Targets

GIII

Keybanc analyst Noah Zatzkin has maintained an Overweight rating on G-III Apparel Group (NASDAQ:GIII) and increased the price target from $26 to $32.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 9:46 am

BOX

Keybanc analyst Thomas Blakey has maintained an Overweight rating on Box, Inc. (NYSE:BOX) but has reduced the price target from $33 to $30.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 9:41 am

ASAN

Piper Sandler analyst Brent Bracelin has reiterated an Underweight rating on Asana (NYSE:ASAN) and maintained a price target of $16.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 9:38 am

MDB

Piper Sandler analyst Brent Bracelin has maintained an Overweight rating on MongoDB (NASDAQ:MDB) and increased the price target from $425 to $500. This adjustment reflects a positive outlook on the company's stock performance.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 9:35 am

MSTR

Canaccord Genuity analyst Joseph Vafi has maintained a Buy rating on MicroStrategy (NASDAQ:MSTR) and increased the price target from $554 to $670.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 9:30 am

THO

THOR Industries, Inc. (NYSE:THO) is expected to report Q1 fiscal 2024 earnings of $1.05 per share, down from $2.53 per share a year ago, with revenue estimated at $2.53 billion. The stock closed down 2.5% at $103.00. Analysts have recently updated their price targets: Citigroup raised it from $94 to $108, Truist Securities from $84 to $86, BMO Capital reiterated at $115, Roth MKM at $72, and Baird from $95 to $110.

Portfolio Pulse from Lisa Levin

December 06, 2023 | 6:13 am

SOLUSD

A crypto analyst, Inmortal, predicts that Solana (SOL) could reach an all-time high of $360 by 2025, a 462% increase from its current price. SOL is currently trading at $64.81, up over 4% in the last 24 hours. Another analyst, Ali, warns of a potential price correction for Solana, with a sell signal on the weekly chart and an overbought RSI. Ali suggests that SOL needs to close above $68.4 to avoid a bearish trend and could target $108. Cathie Wood of ARK Invest praised Solana for being faster and more cost-effective than Ethereum.

Portfolio Pulse from Mehab Qureshi

December 06, 2023 | 5:41 am

GOOG

GOOGL

Google has announced a holiday season deal on the Pixel 8 Pro, offering a $200 discount plus an additional $700 cashback for Google Fi subscribers, effectively pricing the phone at $99. The Pixel 8 Pro features a 6.7-inch OLED display, camera upgrades including a 50MP primary camera, and a 5,050mAh battery with fast charging.

Portfolio Pulse from Rounak Jain

December 06, 2023 | 4:12 am

ARKK

GBTC

Cathie Wood, in an interview with Benzinga, predicted a $25 trillion Bitcoin market by 2030. Since then, Bitcoin's price and market cap surged 70%, with a current market cap of $856.8 billion. Wood remains optimistic, suggesting Bitcoin could reach $650,000 in five to seven years and potentially $1 million to $1.5 million later. Despite public bullishness, Wood's Ark Invest has been reducing Bitcoin exposure, selling over 700,000 shares of Bitcoin Grayscale Trust. Ark Invest is also collaborating with 21Shares for a spot Bitcoin ETF.

Portfolio Pulse from Khyathi Dalal

December 05, 2023 | 10:31 pm

MSTR

MicroStrategy Inc. (NASDAQ: MSTR) has outperformed Bitcoin with a 23% increase in the past month and 104% over six months, compared to Bitcoin's 19% and 63% respectively. Canaccord Genuity Corp. raised its price target for MicroStrategy to $670, citing the company's strategic Bitcoin investment and solid software business. MicroStrategy's aggressive Bitcoin acquisition strategy and the potential for U.S. Bitcoin ETF approvals are seen as positive market catalysts.

Portfolio Pulse from Murtuza Merchant

December 05, 2023 | 10:00 pm