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Price Targets

ADSK

Autodesk Inc (NASDAQ:ADSK) shares fell after reporting Q3 financial results, despite beating revenue and EPS estimates. Analysts lowered price targets post-results. Q3 revenue was $1.41 billion, and EPS was $2.07. Operating margin stood at 24%, with $18 million in operating cash flow and $13 million in free cash flow. CEO Andrew Anagnost highlighted the company's AI and platform services. Q4 revenue is forecasted between $1.422 billion and $1.437 billion, with EPS of $1.91 to $1.97, slightly below estimates. Piper Sandler, Keybanc, and Morgan Stanley analysts adjusted their price targets to $215, $245, and $235, respectively.

Portfolio Pulse from Adam Eckert

November 22, 2023 | 1:31 pm

BURL

Morgan Stanley analyst Alex Straton has maintained an Overweight rating on Burlington Stores (NYSE:BURL) and increased the price target from $167 to $182.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 1:29 pm

BRBR

Morgan Stanley analyst Pam Kaufman has maintained an Overweight rating on BellRing Brands (NYSE:BRBR) and increased the price target from $43 to $53.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 1:21 pm

ADSK

Morgan Stanley analyst Keith Weiss has maintained an Equal-Weight rating on Autodesk (NASDAQ:ADSK) but reduced the price target from $245 to $235.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 1:19 pm

ADI

Morgan Stanley analyst Joseph Moore has maintained an Overweight rating on Analog Devices (NASDAQ:ADI) but reduced the price target from $225 to $219.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 1:16 pm

ANF

Morgan Stanley analyst Alexandra Steiger has maintained an Equal-Weight rating on Abercrombie & Fitch (NYSE:ANF) and increased the price target from $53 to $68.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 1:13 pm

DG

Dollar General (NYSE:DG) has received 29 analyst ratings in the last quarter with an average price target of $135.03, which is higher than its current price of $123.49. The current average price target has decreased by 17.88% from the previous target of $164.43. The ratings include 3 bullish, 4 somewhat bullish, 20 indifferent, 2 somewhat bearish, and 0 bearish.

Portfolio Pulse from Benzinga Insights

November 22, 2023 | 1:01 pm

AFG

Over the past quarter, American Finl Gr (NYSE:AFG) received 4 analyst ratings: 1 bullish, 2 somewhat bullish, and 1 indifferent. The average 12-month price target among these analysts is $128.5, with a high of $140.00 and a low of $120.00, representing a 10.76% decrease from the previous target of $144.00. Analyst ratings are based on information from company activities, financial statements, and insider conversations, and are subject to the analysts' human judgment.

Portfolio Pulse from Benzinga Insights

November 22, 2023 | 1:00 pm

DLTR

Dollar Tree (NASDAQ:DLTR) has received various analyst ratings over the last quarter, with 7 bullish, 5 somewhat bullish, 2 indifferent, 1 somewhat bearish, and 0 bearish. The average 12-month price target among 15 analysts is $146.87, with a high of $163.00 and a low of $112.00. This target is a 4.97% decrease from the previous target of $154.55. Analysts rate stocks based on research and provide guidance on growth estimates, earnings, and revenue, though their ratings are subjective opinions.

Portfolio Pulse from Benzinga Insights

November 22, 2023 | 1:00 pm

IREN

Iris Energy (NASDAQ:IREN) has received 9 analyst ratings in the past 3 months, with 4 bullish and 5 somewhat bullish, and no bearish ratings. The average 12-month price target for IREN is $9.28, with a high of $11.00 and a low of $6.50. This target is down 11.62% from the previous target of $10.50. Analyst ratings are derived from various sources including company calls, financial statements, and insider information, but are subject to human error.

Portfolio Pulse from Benzinga Insights

November 22, 2023 | 1:00 pm