Streetbeat News

Price Targets

SPLK

Jefferies analyst Brent Thill has downgraded Splunk (NASDAQ:SPLK) from Buy to Hold and set a price target of $157. This change reflects a more cautious stance on the company's stock by the analyst.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 9:50 am

YPF

Goldman Sachs analyst Bruno Amorim has upgraded YPF (NYSE:YPF) from Sell to Neutral and increased the price target from $8.5 to $17.1.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 9:46 am

SNPS

Keybanc analyst Jason Celino has maintained an Overweight rating on Synopsys (NASDAQ:SNPS) and increased the price target from $540 to $600.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 9:40 am

IAC

Keybanc analyst Justin Patterson has maintained an Overweight rating on IAC (NASDAQ:IAC) but reduced the price target from $72 to $68.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 9:37 am

Keybanc analyst Sophie Karp has maintained an Overweight rating on Bloom Energy (NYSE:BE) and increased the price target from $19 to $20.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 9:32 am

BTCUSD

Crypto expert Dan Tapiero predicts Bitcoin will reach $100K in the next bull market and could eventually hit $250K to $350K by 2029. He considers these estimates conservative compared to Cathie Wood's $1M target. Tapiero sees Bitcoin as a mainstream store of value, potentially taking a significant share from traditional inflation hedges like real estate and art. Bitcoin is currently trading at $37,688.39, having risen 4% over the past week.

Portfolio Pulse from Bibhu Pattnaik

November 25, 2023 | 2:51 pm

GOOG

GOOGL

YouTube Premium, part of Alphabet Inc. (GOOG, GOOGL), has launched a new feature called Playables, allowing subscribers to play games within the app without downloads. The feature includes a 'Home' tab with previously played and trending games, and a 'Browse' tab with about 37 titles. This addition follows recent price hikes for YouTube Premium in the U.S. and seven other countries. The feature is available until March 28, 2024, as YouTube gathers user feedback to decide on its permanence.

Portfolio Pulse from Rounak Jain

November 25, 2023 | 10:01 am

WMT

Walmart Inc (NYSE:WMT) is offering a Black Friday deal on Mortal Kombat 1 for $40, a 43% discount from its regular price. The deal is exclusive to Walmart and includes all console versions. The game has received positive reviews for its new features and improvements, though it faces performance issues on the Nintendo Switch. Amazon is also offering a Black Friday deal with a 10% discount on Nintendo Switch Online memberships, with Individual and Family memberships at reduced prices. Additionally, discounted eShop gift cards are available, which can be used for memberships or game purchases.

Portfolio Pulse from Franca Quarneti

November 24, 2023 | 8:04 pm

AAPL

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BBY

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DKS

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MSFT

SONY

SSNLF

WMT

EY-Parthenon forecasts a moderate 3% rise in retail sales during the 2023 holiday season, down from previous years. Despite inflation, retailers are offering significant Black Friday deals to attract customers. Amazon is discounting tech products, Best Buy has cut MacBook Air prices, and Crocs offers discounts on clogs. Dick's Sporting Goods, Kohl's, Microsoft, Samsung, Sony, and Walmart are also providing various deals. Zoom Video Communications is believed to be offering discounts on its services. Other retailers like Birkenstock, Costco, Dell, Gap, Macy's, Motorola, Nike, VIZIO, Wayfair, and Williams-Sonoma are mentioned for their Black Friday sales.

Portfolio Pulse from Anthony Noto

November 24, 2023 | 7:27 pm

CIG

B of A Securities has downgraded Cia Energetica DE Minas (NYSE:CIG) from its previous rating to Neutral, adjusting the price target from $3.20 to $2.60. CIG's shares have fallen 3.95% in the last 24 hours to $2.19. The new price target suggests an 18.72% upside potential. Cia Energetica DE Minas is a Brazilian power company with operations in Brazil and Chile, generating revenue mainly from electricity sales.

Portfolio Pulse from Benzinga Insights

November 24, 2023 | 5:00 pm