Streetbeat News

Price Targets

GPN

BMO Capital analyst Rufus Hone downgraded Global Payments (NYSE:GPN) from Outperform to Market Perform and reduced the price target from $180 to $138.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 4:43 pm

JOAN

JOANN Inc. reported disappointing Q3 revenue results and provided weak net sales guidance for FY24, leading to a decline in its stock price. Additionally, Wells Fargo cut its price target for JOANN from $1.5 to $0.75.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 4:41 pm

PYPL

BMO Capital analyst Rufus Hone has initiated coverage on PayPal Holdings (NASDAQ:PYPL) with a 'Market Perform' rating and set a price target of $65.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 4:31 pm

COIN

Needham analyst John Todaro upgraded the price target for Coinbase Global, Inc. (NASDAQ:COIN) from $120 to $160 while maintaining a Buy rating. The analyst views Coinbase as a favorable investment to capitalize on the growing crypto asset sector and expects institutional businesses to expand as the market matures. Bitcoin's rise above $42,000 and anticipation for spot Bitcoin ETF news have contributed to a 70% increase in COIN shares over the past month. COIN is trading above its 50-day moving average with a significant short interest of 14.06%.

Portfolio Pulse from Erica Kollmann

December 05, 2023 | 4:28 pm

PNC

Stephens & Co. analyst Terry McEvoy has reiterated an Equal-Weight rating on PNC Financial Services Group (NYSE:PNC) and maintained a price target of $138.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 4:24 pm

KAR

Stephens & Co. analyst Daniel Imbro has reiterated an Equal-Weight rating on Openlane (NYSE:KAR) and maintained a $13 price target for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 4:22 pm

CMA

Stephens & Co. analyst Terry McEvoy has reiterated an Overweight rating on Comerica (NYSE:CMA) and maintained a $54 price target for the stock.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 4:14 pm

KEY

Stephens & Co. analyst Terry McEvoy has reiterated an Equal-Weight rating on KeyCorp (NYSE:KEY) and maintained a price target of $13.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 4:12 pm

KEY

RBC Capital analyst Gerard Cassidy has maintained an Outperform rating on KeyCorp (NYSE:KEY) but has reduced the price target from $14 to $13.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 4:03 pm

GTLB

JP Morgan analyst Pinjalim Bora has maintained a Neutral rating on GitLab (NASDAQ:GTLB) while raising the price target from $48 to $55.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 4:02 pm