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Price Targets

CCEP

Goldman Sachs analyst Bonnie Herzog has upgraded Coca-Cola Europacific (CCEP) from Neutral to Buy and increased the price target from $61 to $70.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 9:39 am

SPY

The S&P 500 has recovered from its 2022 downturn and is expected to end the year positively. Analysts have revised their 2023 forecasts upwards, with the most bullish prediction from Fund Strat's Tom Lee at 4,825. For 2024, forecasts are mixed, with JPMorgan being the most pessimistic at 4,200 and Capital Economics the most bullish at 5,500. The recent rally is attributed to expectations of Fed rate cuts. The SPDR S&P 500 ETF Trust (SPY) reflects this optimism, closing up 0.59% at $459.10.

Portfolio Pulse from Shanthi Rexaline

December 03, 2023 | 8:40 pm

BTCUSD

Crypto analyst Dave the Wave predicts Bitcoin could surpass $200,000 by December 2025, based on the MACD indicator's bullish signal on the monthly chart. He suggests widespread expectations could lead to an earlier achievement of this target. Bitcoin has been in the LGC 'buy zone' for 18 months, hinting at a potential breakout. Bitcoin's recent price increase to $39,589.44, with a 7% rise over the last week, is partly due to optimism about a potential spot Bitcoin ETF approval by the SEC.

Portfolio Pulse from Bibhu Pattnaik

December 03, 2023 | 7:02 pm

AEM

BTG

FNV

GDX

NEM

NG

Peter Schiff, a well-known gold bull, commented on the recent performance of gold and gold stocks, highlighting that despite gold's record close, gold mining stocks rose by a lower percentage, indicating 'extreme bearishness'. Gold has rallied about 13.5% this year, driven by expectations of Federal Reserve rate cuts. The VanEck Gold Miners ETF (GDX) and several gold mining stocks such as AEM, BTG, FNV, NEM, and NG have underperformed compared to spot gold and gold futures, but could catch up as higher gold prices boost their revenues. Benzinga screened gold stocks based on market cap, trading volume, analyst recommendations, and price targets.

Portfolio Pulse from Shanthi Rexaline

December 02, 2023 | 7:10 pm

LPLA

Over the past 3 months, 9 Wall Street analysts have provided ratings for LPL Financial Holdings (NASDAQ:LPLA), with 5 being somewhat bullish and 4 indifferent. The average price target is $266.67, suggesting an upside from the current price of $221. The target has increased by 3.76% over the past month. Analysts' ratings are based on company data, financial statements, and insider information.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 9:00 pm

APP

AppLovin (NASDAQ:APP) has received mixed analyst ratings in the last quarter, with 6 bullish, 1 somewhat bullish, 2 indifferent, and 1 bearish. The average 12-month price target among 10 analysts is $49.3, which is a 17.66% increase from the previous target of $41.90. Ratings suggest a generally positive outlook for APP.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 9:00 pm

CSGS

CSG Systems Intl (NASDAQ:CSGS) has received mixed analyst ratings in the last quarter, with an average 12-month price target of $60.00, down from $68.00. The ratings include 1 bullish, 2 somewhat bullish, and 1 indifferent. No bearish ratings were reported. The current average price target represents an 11.76% decrease from the previous average.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 9:00 pm

C

Over the past 3 months, 11 analysts have published their opinions on Citigroup (NYSE:C) stock, with 5 somewhat bullish, 5 indifferent, and 1 somewhat bearish ratings. The average 12-month price target for Citigroup is $57.0, a decrease from the previous target of $59.00. Analysts provide ratings to predict stock performance and offer investment guidance, but their advice may be subject to error.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 9:00 pm

CRGY

Crescent Energy (NYSE:CRGY) received 5 analyst ratings in the last quarter, with 2 bullish and 3 somewhat bullish, and no indifferent, somewhat bearish, or bearish ratings. The average 12-month price target for CRGY is $18.4, with a high of $21.00 and a low of $16.00, marking a 2.22% increase from the previous target of $18.00. Analysts base their ratings on financial predictions and company performance metrics.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 9:00 pm

KFY

Korn Ferry (NYSE:KFY) has received 4 analyst ratings in the last quarter, with 2 bullish and 2 indifferent. The average price target is $57.5, representing an upside from the current price of $51.74. This is a decrease from the previous average price target of $59.00. Analysts rate stocks based on future earnings potential and company risk, typically updating their ratings quarterly or after significant company events.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 9:00 pm