Streetbeat News

Price Targets

CL

JP Morgan analyst Andrea Teixeira has maintained an Overweight rating on Colgate-Palmolive (NYSE:CL) and increased the price target from $83 to $88, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 7:19 pm

CCEP

JP Morgan analyst Jared Dinges has maintained an Overweight rating on Coca-Cola Europacific (CCEP) and increased the price target from $72.5 to $77. This adjustment reflects a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 7:09 pm

RBC

RBC Bearings Inc (NYSE:RBC) stock was upgraded by Bank of America Securities from Underperform to Buy, with a price target increase from $230 to $280. Analyst Ronald Epstein cites potential for significant margin expansion due to efficiency gains and a successful defense expansion strategy. The company has seen gross margin and adjusted operating margin growth despite industrial segment headwinds, attributed to synergies from the Dodge acquisition. Strong demand in commercial aerospace and OEM production ramp-up are also beneficial. RBC Bearings' shares rose by 5.98% to $256.74 following the upgrade.

Portfolio Pulse from Priya Nigam

November 29, 2023 | 7:09 pm

BRZE

JP Morgan analyst Pinjalim Bora has maintained an Overweight rating on Braze (NASDAQ:BRZE) and increased the price target from $52 to $57, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 7:00 pm

BYD

Within the last quarter, Boyd Gaming (NYSE:BYD) received 6 analyst ratings, with 1 bullish, 3 somewhat bullish, and 2 indifferent. No bearish or somewhat bearish ratings were given. The average 12-month price target for Boyd Gaming is $74.83, with a high of $84.00 and a low of $67.00. This average price target represents a 4.06% decrease from the previous average of $78.00. Analysts use various methods, including company data and insider conversations, to determine their ratings.

Portfolio Pulse from Benzinga Insights

November 29, 2023 | 7:00 pm

HURN

Over the past 3 months, 4 Wall Street analysts have published their opinions on Huron Consulting Group (NASDAQ:HURN), with 3 giving a bullish rating and 1 somewhat bullish. There have been no indifferent, somewhat bearish, or bearish ratings. The average 12-month price target for HURN is $134.5, with a high of $140.00 and a low of $128.00, marking a 15.28% increase from the previous target of $116.67.

Portfolio Pulse from Benzinga Insights

November 29, 2023 | 7:00 pm

BUD

JP Morgan analyst Celine Pannuti has maintained an Overweight rating on Anheuser-Busch InBev (NYSE:BUD) and increased the price target from $76 to $79, indicating a positive outlook on the stock.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 6:55 pm

MU

Citigroup analyst Christopher Danely has reaffirmed a Buy rating on Micron Technology (NASDAQ:MU) and increased the price target from $85 to $88.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 6:41 pm

AEP

American Electric Power Inc. (NASDAQ:AEP) saw a slight drop of 0.21% in the current market session to $79.56, despite a monthly increase of 4.03%. However, the stock has fallen by 17.54% over the past year. Investors are considering AEP's lower P/E ratio compared to the Electric Utilities industry average, which may indicate undervaluation or weaker growth prospects. The P/E ratio is a critical tool for evaluating market performance but should be used alongside other metrics and industry trends for comprehensive analysis.

Portfolio Pulse from Benzinga Insights

November 29, 2023 | 6:30 pm

REGN

Truist Securities analyst Robyn Karnauskas has reiterated a Buy rating on Regeneron Pharmaceuticals (NASDAQ:REGN) and maintained a price target of $1045.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 6:18 pm