Streetbeat News

Price Targets

TSLA

Wedbush analyst Daniel Ives has reiterated an Outperform rating on Tesla (NASDAQ:TSLA) and maintained a price target of $310. This reaffirmation of Tesla's stock performance and target price suggests continued confidence in the company's prospects.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 2:43 pm

CRNC

Wedbush analyst Daniel Ives has maintained a Neutral rating on Cerence (NASDAQ:CRNC) but has lowered the price target from $31 to $19.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 2:40 pm

SWTX

HC Wainwright & Co. analyst Robert Burns has reaffirmed a Buy rating on SpringWorks Therapeutics (NASDAQ:SWTX) and increased the price target from $52 to $64.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 2:33 pm

BUSE

Piper Sandler analyst Andrew Liesch has maintained an Overweight rating on First Busey Corporation (NASDAQ:BUSE) and increased the price target from $21 to $23.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 2:18 pm

BAC

COST

GLD

TGT

On CNBC's 'Halftime Report Final Trades,' analysts provided their recommendations on several stocks. Brian Belski of BMO Capital Markets highlighted Bank of America's (BAC) earnings and dividend yield. Costco (COST) was recommended by Jason Snipe, and Joseph Feldman maintained a $600 price target. Stephanie Link chose Target (TGT) after its strong quarterly results. Joseph Terranova selected SPDR Gold Shares (GLD) as gold prices rose. BAC shares fell, COST shares hit a new high, TGT shares slightly fell, and GLD shares gained.

Portfolio Pulse from Lisa Levin

November 28, 2023 | 2:04 pm

ICE

Intercontinental Exchange (NYSE:ICE) has received 12 analyst ratings in the last quarter, with 7 bullish and 5 indifferent. No bearish or somewhat bearish ratings were reported. The average 12-month price target for ICE is $134.08, with a high of $168.00 and a low of $118.00. This target has increased by 1.65% from the previous average of $131.90. Analysts typically review stocks quarterly and may adjust their ratings based on financial analysis and company performance.

Portfolio Pulse from Benzinga Insights

November 28, 2023 | 2:00 pm

RL

TD Cowen analyst John Kernan has maintained an Outperform rating on Ralph Lauren (NYSE:RL) and increased the price target from $142 to $147.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 2:00 pm

MELI

Analysts have recently provided ratings for MercadoLibre (NASDAQ:MELI), with 1 bullish and 3 somewhat bullish ratings in the last quarter. The average 12-month price target for MELI is $1656.25, which is a 6.0% increase from the previous target of $1562.50. The high estimate is $1850.00 and the low is $1500.00. Analyst ratings are derived from various sources including financial statements and insider information, and they provide guidance to investors, though they are subjective opinions.

Portfolio Pulse from Benzinga Insights

November 28, 2023 | 2:00 pm

JWN

Nordstrom (NYSE:JWN) has received mixed analyst ratings in the last quarter, with 0 bullish, 1 somewhat bullish, 5 indifferent, and 2 somewhat bearish ratings. The average 12-month price target among 8 analysts is $16.00, with a high of $19.00 and a low of $13.00. This target is a 10.26% decrease from the previous average of $17.83. Analyst ratings are opinions based on financial analysis and are meant to provide guidance to investors.

Portfolio Pulse from Benzinga Insights

November 28, 2023 | 2:00 pm

AXL

Over the past 3 months, 6 analysts have provided their ratings on American Axle & Mfg Hldgs (NYSE:AXL), with an average 12-month price target of $8.08, a decrease from the previous $9.40 target. The consensus among these analysts is largely indifferent, with 4 neutral ratings, 1 somewhat bullish, and 1 somewhat bearish. The current average price target suggests a 14.04% decrease from the earlier average.

Portfolio Pulse from Benzinga Insights

November 28, 2023 | 2:00 pm