Streetbeat News

Price Targets

LESL

Goldman Sachs analyst Kate McShane downgraded Leslies (NASDAQ:LESL) from Buy to Neutral and set a new price target of $5.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 12:59 pm

NTAP

Northland Capital Markets analyst Nehal Chokshi has downgraded NetApp (NASDAQ:NTAP) from Outperform to Market Perform and set a price target of $100.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 12:57 pm

TSLA

A study cited by the Wall Street Journal suggests that the average price of electric vehicles (EVs) in the U.S. will drop below that of combustion engine vehicles by next year. This trend is already observed in China, Europe, and India. Ford Motor Co has paused its $12 billion EV funding due to high costs and customer reluctance to pay a premium. Tesla's CEO Elon Musk has expressed concerns about high EV costs and the impact of interest rates on monthly payments, despite price reductions.

Portfolio Pulse from Anan Ashraf

November 29, 2023 | 12:55 pm

WDAY

Oppenheimer analyst Brian Schwartz has maintained an Outperform rating on Workday (NASDAQ:WDAY) and increased the price target from $255 to $275.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 12:54 pm

NTAP

NetApp (NASDAQ:NTAP) exceeded Q2 earnings expectations with an adjusted EPS of $1.58, surpassing the estimate of $1.39. Revenue was $1.56 billion, above the forecasted $1.53 billion. The company provided strong FY24 EPS guidance of $6.05 to $6.25, compared to the expected $5.73. Following the earnings report, NetApp's stock rose 11.4% in pre-market trading. Analysts at Barclays, Wells Fargo, and Raymond James have subsequently increased their price targets for NetApp.

Portfolio Pulse from Lisa Levin

November 29, 2023 | 12:54 pm

INTU

Oppenheimer analyst Scott Schneeberger has maintained an Outperform rating on Intuit (NASDAQ:INTU) and increased the price target from $530 to $610, indicating a positive outlook on the company's stock performance.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 12:51 pm

CRWD

Oppenheimer analyst Ittai Kidron has maintained an Outperform rating on CrowdStrike Holdings (NASDAQ:CRWD) and increased the price target from $215 to $240.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 12:48 pm

ABNB

ARGX

AVB

BITF

CRWD

HSY

LESL

NTAP

WDAY

Wall Street analysts have updated their price targets and ratings for several US-listed companies. Piper Sandler raised Workday's target and maintained an Overweight rating. Keybanc increased CrowdStrike's target and kept an Overweight rating. Raymond James cut argenx's target but kept a Strong Buy rating. Barclays raised Micron's target with an Overweight rating. HC Wainwright lifted Bitfarms' target and maintained a Buy rating. Telsey Advisory cut Leslie's target and kept a Market Perform rating. Jefferies lowered Airbnb's target and downgraded to Hold. Piper Sandler reduced Hershey's target and downgraded to Neutral. JP Morgan trimmed AvalonBay's target but upgraded to Neutral. Barclays increased NetApp's target with an Equal-Weight rating.

Portfolio Pulse from Lisa Levin

November 29, 2023 | 12:46 pm

INTU

Intuit Inc (NASDAQ:INTU) reported fiscal first quarter earnings that surpassed expectations, with a 15% year-over-year revenue increase to $2.978 billion, beating the consensus estimate of $2.878 billion. Adjusted earnings were $2.47 per share, exceeding the forecast of $1.98 per share. The company confirmed its full-year 2024 revenue guidance of $15.89 billion to $16.105 billion and adjusted earnings of $16.17 to $16.47 per share. Following the earnings beat, Barclays, Wells Fargo, and Citigroup raised their price targets for Intuit, while maintaining positive ratings. Intuit's stock rose 0.6% to $568.65 in pre-market trading.

Portfolio Pulse from Lisa Levin

November 29, 2023 | 12:44 pm

NTAP

Raymond James analyst Simon Leopold has maintained an Outperform rating on NetApp (NASDAQ:NTAP) and increased the price target from $80 to $83.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 12:39 pm