Streetbeat News

Price Targets

ROKU

Cannonball Research analyst Vasily Karasyov has upgraded Roku (NASDAQ:ROKU) from Neutral to Buy and set a new price target of $116.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 4:08 pm

SNPS

Synopsys (NASDAQ:SNPS) received 4 analyst ratings in the last quarter, with 1 bullish and 3 somewhat bullish. No indifferent, somewhat bearish, or bearish ratings were given. The average 12-month price target for SNPS is $572.75, with a high of $600 and a low of $540. This target has increased by 8.58% from the previous target of $527.50. Analyst ratings are specialized advice that may be subject to error and are updated quarterly.

Portfolio Pulse from Benzinga Insights

November 27, 2023 | 4:00 pm

LOW

Lowe's Companies (NYSE:LOW) has received a mix of analyst ratings in the last quarter, with 5 bullish, 3 somewhat bullish, and 10 indifferent. No bearish ratings were reported. The average 12-month price target among 18 analysts is $229.67, which is a 3.7% decrease from the previous target of $238.50. The high target is $282.00 and the low target is $190.00. Analysts rate stocks typically once a quarter and provide insights into company performance, although their predictions are not infallible.

Portfolio Pulse from Benzinga Insights

November 27, 2023 | 4:00 pm

AMBA

Ambarella (NASDAQ:AMBA) has received a mix of bullish and indifferent analyst ratings in the last quarter, with no bearish ratings. The average 12-month price target among 15 analysts is $74.6, with a high of $90.00 and a low of $60.00. This target is a 14.56% decrease from the previous target of $87.31. Analysts rate stocks based on future earnings potential and the predictability of a company's revenue streams.

Portfolio Pulse from Benzinga Insights

November 27, 2023 | 4:00 pm

OHI

Over the past 3 months, 8 Wall Street analysts have published opinions on Omega Healthcare Investors (NYSE:OHI), with an average price target of $34.38, representing an implied upside from the current price of $32.065. The consensus among these analysts is leaning towards a neutral stance, with 5 indifferent ratings, 2 bullish, and 1 somewhat bullish. The current average price target reflects a 4.82% increase from the previous target of $32.80.

Portfolio Pulse from Benzinga Insights

November 27, 2023 | 4:00 pm

BURL

Burlington Stores (NYSE:BURL) has received mixed analyst ratings in the last quarter, with 1 bullish, 4 somewhat bullish, 1 indifferent, and 1 bearish. The average 12-month price target for BURL is $180.0, which is a 6.51% increase from the previous target of $169.00. The high target is $225.00 and the low is $126.00. Analysts' opinions are important but should be considered as part of a broader investment strategy.

Portfolio Pulse from Benzinga Insights

November 27, 2023 | 4:00 pm

LOW

RBC Capital analyst Steven Shemesh has maintained a 'Sector Perform' rating on Lowe's Companies (NYSE:LOW) but has reduced the price target from $194 to $190.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 3:59 pm

HPE

Hewlett Packard Enterprise (HPE) is set to release Q4 fiscal 2023 results on Nov. 28, 2023. Analysts predict a decline in earnings per share to 50 cents from 57 cents in the previous year and a decrease in revenue to $7.35 billion from $7.87 billion. HPE has guided FY24 revenue growth of 2%-4%, operating profit growth of 3%-5%, and adjusted EPS of $1.82-$2.02. The stock closed up 0.3% at $15.83 on Friday. Analysts from Wells Fargo, Morgan Stanley, Credit Suisse, B of A Securities, and Citigroup have recently updated their ratings and price targets for HPE.

Portfolio Pulse from Lisa Levin

November 27, 2023 | 3:44 pm

BURL

UBS analyst Jay Sole has maintained a Sell rating on Burlington Stores (NYSE:BURL) but increased the price target from $120 to $126.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 3:36 pm