Streetbeat News

Price Targets

BILI

Barclays analyst Jiong Shao has downgraded Bilibili (NASDAQ:BILI) from Equal-Weight to Underweight and reduced the price target from $15 to $10.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 12:43 pm

HPP

Goldman Sachs analyst Caitlin Burrows upgraded Hudson Pacific Properties (NYSE:HPP) from Sell to Neutral and set a price target of $6.25.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 12:24 pm

DUK

Wells Fargo analyst Neil Kalton has upgraded Duke Energy (NYSE:DUK) from Equal-Weight to Overweight and increased the price target from $94 to $103, indicating a positive outlook on the stock.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 12:22 pm

COST

CRM

FIVE

FL

MCD

NTNX

PINS

SNAP

SNOW

SNPS

Wall Street analysts have updated their price targets and ratings for several US-listed companies. Citigroup raised McDonald's (MCD) target from $280 to $310 with a Neutral rating. B of A Securities increased Salesforce's (CRM) target from $280 to $300, maintaining a Buy rating. Needham upped Nutanix's (NTNX) target from $44 to $54 with a Buy rating. Keybanc raised Synopsys' (SNPS) target from $600 to $675, keeping an Overweight rating. Jefferies lifted Pinterest's (PINS) target from $32 to $41, upgrading to Buy. Telsey Advisory Group raised Foot Locker's (FL) target from $22 to $31 with an Outperform rating. Piper Sandler increased Snowflake's (SNOW) target from $195 to $220, maintaining an Overweight rating. Telsey Advisory Group upped Costco's (COST) target from $600 to $625 with an Outperform rating. Jefferies raised Snap's (SNAP) target from $12 to $16, upgrading to Buy. Citigroup increased Five Below's (FIVE) target from $220 to $227 with a Buy rating.

Portfolio Pulse from Lisa Levin

November 30, 2023 | 12:21 pm

SNOW

Snowflake Inc. (NASDAQ:SNOW) reported Q3 financial results exceeding expectations with a 32% year-over-year revenue increase to $734.17 million and earnings of 25 cents per share. The company anticipates Q4 product revenue between $716 million and $721 million, and full-year product revenue of $2.65 billion. Following the announcement, Snowflake's shares rose 8.2% in pre-market trading, and analysts from Piper Sandler, Needham, Morgan Stanley, and JP Morgan raised their price targets while maintaining positive ratings.

Portfolio Pulse from Lisa Levin

November 30, 2023 | 12:21 pm

REG

Compass Point analyst Floris Van Dijkum has upgraded Regency Centers (NASDAQ:REG) from Neutral to Buy and set a price target of $72.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 12:16 pm

SNOW

JP Morgan analyst Mark Murphy has maintained an Overweight rating on Snowflake (NYSE:SNOW) and increased the price target from $170 to $200.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 12:13 pm

ALLY

Wolfe Research analyst Bill Carcache has upgraded Ally Financial (NYSE:ALLY) from Peer Perform to Outperform and set a price target of $39.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 12:11 pm

QNST

B. Riley Securities analyst Daniel Day has upgraded QuinStreet (NASDAQ:QNST) from Neutral to Buy and increased the price target from $11 to $19, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 12:08 pm

EVER

B. Riley Securities analyst Daniel Day has upgraded EverQuote (NASDAQ:EVER) from Neutral to Buy and increased the price target from $8 to $14.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 12:06 pm