Streetbeat News

Price Targets

KR

Morgan Stanley analyst Simeon Gutman has maintained an Equal-Weight rating on Kroger (NYSE:KR) but reduced the price target from $48 to $46.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 2:17 pm

TXRH

Wedbush analyst Nick Setyan has maintained an Outperform rating on Texas Roadhouse (NASDAQ:TXRH) and increased the price target from $110 to $120.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 2:15 pm

BTCUSD

Venture capital investor Tim Draper recommends buying Bitcoin (BTC) for the holiday season, anticipating its price to reach $250,000 by 2024. Draper's optimism is based on factors such as the next Bitcoin halving, potential reduction in U.S. interest rates, and the likelihood of spot BTC ETFs. He envisions a future where Bitcoin is used for everyday transactions, replacing traditional currency. Draper has a history of making Bitcoin price predictions, with varying degrees of accuracy.

Portfolio Pulse from Justin Roberti

December 01, 2023 | 2:09 pm

SMHI

B. Riley Securities analyst Liam Burke has initiated coverage on Seacor Marine Holdings (NYSE:SMHI) with a Buy rating and set a price target of $17.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 2:01 pm

BK

Over the past 3 months, 4 Wall Street analysts have rated Bank of New York Mellon (NYSE:BK) as mostly bearish, with 3 somewhat bearish ratings and 1 indifferent. The average price target is $46.5, which is below the current price of $48.3399, indicating a potential downside. This target has decreased by 1.06% from the previous target of $47.00. Analysts' ratings are based on predictions of a company's future earnings and revenue, and are updated quarterly or after major company events.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 2:00 pm

WBS

Webster Financial Corporation (NYSE:WBS) has received various analyst ratings over the last quarter, with 2 bullish, 2 somewhat bullish, and 1 indifferent rating. Over the past three months, 5 analysts have set a 12-month price target for WBS, with an average target of $49.4, a high of $56.00, and a low of $42.00. The average price target has increased by 2.92% over the past month.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 2:00 pm

LMND

Over the past 3 months, 4 Wall Street analysts have consistently rated Lemonade (NYSE:LMND) as 'Somewhat Bearish', with no change in sentiment in the last 30 days. The average 12-month price target for LMND is $10.5, a decrease of 4.55% from the previous target of $11.00. Analysts' ratings are a reflection of their predictions on stock performance based on company analysis.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 2:00 pm

ESTC

Elastic (NYSE:ESTC) has received 8 analyst ratings in the last quarter, with 4 bullish, 2 somewhat bullish, and 2 indifferent. There were no bearish ratings. The average price target among these analysts is $91.38, which is below the current price of $96.51, suggesting a potential downside. Over the past month, this price target has increased by 23.49%. Analyst ratings are periodic evaluations from financial experts who specialize in stock analysis, and they may influence investor decisions.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 2:00 pm

FRT

Over the last quarter, Federal Realty Investment (NYSE:FRT) received 5 analyst ratings, with 2 somewhat bullish and 3 indifferent, but no fully bullish or bearish ratings. The average 12-month price target among these analysts is $101.6, which is a 3.79% decrease from the previous target of $105.60. The high target is $108.00 and the low target is $97.00.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 2:00 pm

IDA

Idacorp (NYSE:IDA) has received 4 analyst ratings in the last quarter, with an average 12-month price target of $98.00, a slight decrease from the previous target of $98.33. The ratings include 1 bullish and 3 indifferent, indicating a neutral to slightly positive outlook from analysts. Analysts consider company financials, insider communications, and market conditions to provide quarterly stock ratings and forecasts.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 2:00 pm