Streetbeat News

Price Targets

DKS

Truist Securities has reaffirmed its Buy rating on Dick's Sporting Goods (NYSE:DKS) and increased its price target from $134.00 to $154.00. Dick's Sporting Goods' stock is currently trading at $122.25, up 0.54% from the previous day. The new price target suggests a potential upside of 25.97% from the current price. Dick's Sporting Goods sells athletic apparel, footwear, and equipment, and operates around 725 stores and 135 specialty stores under various brand names.

Portfolio Pulse from Benzinga Insights

November 22, 2023 | 5:00 pm

NGM

B. Riley Securities has maintained its Buy rating for NGM Biopharmaceuticals (NASDAQ:NGM) but lowered its price target from $7.00 to $3.50. Despite the reduction in the price target, the new target suggests a significant upside of 438.46% from the current trading price of $0.65. NGM Biopharmaceuticals is a clinical-stage biopharmaceutical company focused on developing treatments for various diseases, including NASH, diabetes, oncology, and AMD.

Portfolio Pulse from Benzinga Insights

November 22, 2023 | 5:00 pm

JACK

Jack In The Box Inc. (NASDAQ:JACK) reported Q4 earnings of $1.09 per share, missing the $1.15 estimate, but slightly beat revenue expectations with $372.524 million. The company's full-year 2024 earnings forecast is below estimates at $6.25 to $6.50 per share, compared to the expected $6.60. Despite this, JACK shares rose 3.5% to $71.28. Analysts from TD Cowen, Morgan Stanley, and RBC Capital adjusted their price targets following the earnings report.

Portfolio Pulse from Lisa Levin

November 22, 2023 | 4:56 pm

RVNC

Mizuho analyst Uy Ear has maintained a Buy rating on Revance Therapeutics (NASDAQ:RVNC) but has reduced the price target from $35 to $16.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 4:49 pm

NVDA

Nvidia Corp. (NASDAQ:NVDA) reported Q3 earnings of $4.02 per share, surpassing the $3.36 consensus estimate, with revenue up 206% YoY to $18.12 billion, beating the $16.12 billion forecast. Q4 revenue guidance is set at $20 billion, above the $16.38 billion analysts expected. Despite the positive report, Nvidia shares dropped 3% to $484.36. Analysts from Morgan Stanley, Wells Fargo, BMO Capital, and Mizuho raised their price targets on Nvidia, maintaining positive ratings.

Portfolio Pulse from Lisa Levin

November 22, 2023 | 4:49 pm

OGS

Mizuho analyst Gabriel Moreen has maintained a Neutral rating on ONE Gas (NYSE:OGS) but has reduced the price target from $79 to $67.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 4:47 pm

NVDA

Mizuho analyst Vijay Rakesh has reaffirmed a Buy rating on NVIDIA Corporation (NASDAQ:NVDA) and increased the price target from $590 to $625.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 4:45 pm

ADSK

Mizuho analyst Matthew Broome has maintained a Neutral rating on Autodesk (NASDAQ:ADSK) but has reduced the price target from $220 to $200.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 4:43 pm

J

Benchmark analyst Josh Sullivan has reiterated a Buy rating on Jacobs Solutions (NYSE:J) and maintained a $160 price target for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 4:41 pm

BBY

Best Buy Co Inc (NYSE:BBY) reported Q3 FY24 results with a 7.8% sales decline to $9.76 billion, missing estimates, but beat EPS expectations with $1.29. The company lowered its FY24 revenue guidance to $43.1-$43.7 billion and tightened adjusted EPS guidance to $6.00-$6.30. Despite this, BBY shares rose 1.1%. Telsey Advisory Group, Truist Securities, and Wedbush adjusted their price targets and maintained their ratings post-earnings.

Portfolio Pulse from Lisa Levin

November 22, 2023 | 4:40 pm