Streetbeat News

Price Targets

TCBI

RBC Capital has maintained its Sector Perform rating for Texas Capital Bancshares (NASDAQ:TCBI) but lowered its price target from $66.00 to $61.00. TCBI shares are currently trading at $54.30, and the new price target suggests a potential upside of 12.34%. Texas Capital Bancshares is a secured lender operating mainly in Texas' major metropolitan areas.

Portfolio Pulse from Benzinga Insights

November 24, 2023 | 5:00 pm

BRBR

Truist Securities has reaffirmed its Buy rating on BellRing Brands (NYSE:BRBR) and increased its price target from $45.00 to $55.00. BellRing Brands' stock is currently trading at $50.71, and the new price target suggests an 8.46% upside potential. BellRing Brands offers nutrition products through brands like Premier Protein, Dymatize, and PowerBar, distributed across various channels.

Portfolio Pulse from Benzinga Insights

November 24, 2023 | 5:00 pm

AEO

Morgan Stanley has maintained its Underweight rating for American Eagle Outfitters (NYSE:AEO) and reduced its price target from $14.00 to $13.00. AEO's shares are currently trading at $16.75, and the new price target suggests a potential decline of 22.39%. American Eagle Outfitters is a retailer with the majority of its revenue from the U.S., operating both physical stores and an online business.

Portfolio Pulse from Benzinga Insights

November 24, 2023 | 5:00 pm

ALLT

Needham has reaffirmed its Buy rating on Allot (NASDAQ:ALLT) but reduced its price target from $4.00 to $2.50. Despite the lower target, the new price still suggests a significant upside of 83.82% from the current share price of $1.36. Allot Ltd provides network intelligence and security solutions and is utilized by service providers and enterprises globally.

Portfolio Pulse from Benzinga Insights

November 24, 2023 | 5:00 pm

AAPL

Wedbush analyst Daniel Ives has maintained an Outperform rating on Apple Inc (AAPL) with a price target of $240. Supply chain checks in Asia show strong demand for the iPhone 15, particularly in China, with no major downward revisions expected into early 2024. U.S. sales of the iPhone 15 have been robust, with sales expected to grow modestly from Black Friday to Christmas. Despite competition from Huawei, Apple's iPhone sales in China are growing, with a higher proportion of iPhone 15 Pro sales. The ASP of iPhones is rising, and iPhone revenue for the December quarter is expected to increase year-over-year. Apple's service revenue is also seeing double-digit growth, and iPhone unit sales are projected to be around 225 million for FY24. Ives forecasts Q1 revenue and EPS slightly above consensus at $117.96 billion and $2.10, respectively. AAPL shares traded lower by 0.83% at $189.73 last Friday.

Portfolio Pulse from Anusuya Lahiri

November 24, 2023 | 4:56 pm

VZIO

WMT

VIZIO Holding Corp (NYSE:VZIO) has announced Black Friday discounts on its popular TVs and soundbars, with deals available through various dates, including some at Walmart Inc (NYSE:WMT). VIZIO's 50" and 75" Class V-Series 4K UHD LED Smart TVs are notably discounted. Following its Q3 earnings report, which surpassed consensus estimates, VIZIO's stock showed a slight increase.

Portfolio Pulse from Lekha Gupta

November 24, 2023 | 4:48 pm

TGT

Target Corp (NYSE:TGT) has announced a two-day Cyber Monday sale on Nov. 26-27 with up to 50% off on thousands of items, including top brands like Disney, Samsung, PlayStation, and Beats. The sale is exclusive to Target.com and the Target app. Additionally, Target offers week-long holiday deals through Dec. 24 and new deals each week in December. Target Circle members can enjoy 10% off Target GiftCards on Dec. 2-3. Target also provides a Holiday Price Match Guarantee and will match select competitors' pricing within 14 days of purchase.

Portfolio Pulse from Lekha Gupta

November 24, 2023 | 4:35 pm

CHKP

Check Point Software (NASDAQ:CHKP) has received 4 analyst ratings in the last quarter, with 1 bullish and 3 indifferent. The average price target is $145.25, suggesting a slight upside from the current price of $143.43. Over the past month, this target has increased by 11.09%. Analyst ratings are periodic evaluations from financial experts based on company performance and forecasts.

Portfolio Pulse from Benzinga Insights

November 24, 2023 | 4:00 pm

CNHI

Analysts have provided mixed ratings for CNH Industrial (NYSE:CNHI) in the last quarter, with 2 bullish, 1 somewhat bullish, and 3 indifferent ratings. Over the past 3 months, 6 analysts have set a 12-month price target for CNH Industrial, averaging $14.67, which is a 12.42% decrease from the previous target of $16.75. The highest target is $17.00 and the lowest is $12.00.

Portfolio Pulse from Benzinga Insights

November 24, 2023 | 4:00 pm

CNHI

UBS analyst Steven Fisher has maintained a Buy rating on CNH Industrial (NYSE:CNHI) but has reduced the price target from $20 to $15.

Portfolio Pulse from Benzinga Newsdesk

November 24, 2023 | 3:57 pm