Streetbeat News

Price Targets

EL

Estee Lauder Cos (NYSE:EL) has received 17 analyst ratings in the last quarter, with 5 bullish, 4 somewhat bullish, and 8 indifferent. The average price target is $148.53, representing an implied upside from the current price of $123.94. This average price target is a 21.12% decrease from the previous average of $188.29. Analyst ratings are opinions from financial experts based on various data sources and are intended to guide investors.

Portfolio Pulse from Benzinga Insights

November 28, 2023 | 12:00 pm

CIEN

Ciena (NYSE:CIEN) has received positive analyst ratings over the last quarter, with 5 bullish, 1 somewhat bullish, and 2 indifferent ratings. The average 12-month price target for CIEN is $59.62, which is a 9.05% increase from the previous target of $54.67. The high target is $67.00 and the low is $52.00. Analysts rate stocks based on future earnings potential and company risk profile, typically updating their ratings quarterly or after significant company events.

Portfolio Pulse from Benzinga Insights

November 28, 2023 | 12:00 pm

MRUS

Merus (NASDAQ:MRUS) has received 4 bullish analyst ratings in the last quarter with an average price target of $43.0, representing an upside from the current price of $24.21. This is a 4.44% decrease from the previous average price target of $45.00. Analysts typically review stocks quarterly or after major company updates, considering financial performance and market risks.

Portfolio Pulse from Benzinga Insights

November 28, 2023 | 12:00 pm

SHOP

Over the last quarter, Shopify (NYSE:SHOP) received 9 analyst ratings: 2 bullish, 2 somewhat bullish, 4 indifferent, 1 somewhat bearish, and 0 bearish. The average 12-month price target for Shopify is $62.56, with a high of $72.00 and a low of $55.00. This average has decreased by 1.01% from the previous target of $63.20. Analyst ratings are based on information from company calls, financial statements, and insider conversations.

Portfolio Pulse from Benzinga Insights

November 28, 2023 | 12:00 pm

OKTA

Needham analyst Alex Henderson has reiterated a Buy rating on Okta (NASDAQ:OKTA) and maintained a $100 price target for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 12:00 pm

LASR

Benchmark analyst Mark Miller has upgraded nLight (NASDAQ:LASR) from Hold to Speculative Buy and set a price target of $17.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 11:52 am

ZS

Needham analyst Alex Henderson has reaffirmed a Strong Buy rating on Zscaler (NASDAQ:ZS) and increased the price target from $210 to $225.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 11:48 am

LXEO

RBC Capital analyst Luca Issi has initiated coverage on Lexeo Therapeutics (NASDAQ:LXEO) with an Outperform rating and set a price target of $22.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 11:44 am

LXEO

Stifel analyst Paul Matteis has initiated coverage on Lexeo Therapeutics (NASDAQ:LXEO) with a Buy rating and set a price target of $20.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 11:42 am

SHOP

Piper Sandler analyst Clarke Jeffries has downgraded Shopify (NYSE:SHOP) from Neutral to Underweight and reduced the price target from $58 to $56, indicating a bearish outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 11:33 am