Streetbeat News

Price Targets

AMZN

MSFT

NVDA

Evercore ISI analyst Mark Mahaney predicts that Amazon.com Inc (AMZN) stock will trade at $200 in 2024, driven by growth in AI applications in cloud computing, advertising, and retail. Mahaney suggests that the market has not fully recognized Amazon's AI potential, which he believes will lead to record operating margins and profit next year. Despite a recent uptick, he views the current stock price as a dislocated buying opportunity. Meanwhile, shares of Microsoft (MSFT) and Nvidia (NVDA) were bid up in 2023 due to their AI exposure.

Portfolio Pulse from Adam Eckert

November 21, 2023 | 7:39 pm

GOOGL

Tigress Financial analyst Ivan Feinseth has reaffirmed a Strong Buy rating on Alphabet Inc. (NASDAQ:GOOGL) and increased the price target from $172 to $176.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 7:38 pm

YOU

Needham analyst Joshua Reilly reiterated a Buy rating on Clear Secure Inc (NYSE:YOU) with a $40 price target, citing potential ARPU growth from recent pricing strategy changes. The analyst expects increased ARPU in FY24 due to price increases, a shift in customer mix towards full-price members, and the diminishing negative impact of Amex Platinum pricing step-downs. Reilly projects Q4 revenue and adjusted EPS to slightly exceed consensus estimates. Shares of YOU traded slightly higher.

Portfolio Pulse from Anusuya Lahiri

November 21, 2023 | 7:33 pm

FSLR

MAXN

SEDG

SHLS

Mizuho Securities analysts initiated coverage on First Solar, SolarEdge, Shoals Technologies, and Maxeon Solar Technologies with price targets. They are bullish on FSLR, SEDG, and SHLS, citing strong market positions, innovative technologies, and growth opportunities. FSLR is noted for its sold-out status through 2026 and potential for margin improvement. SEDG is recognized for its market diversification and attractive valuation. SHLS is praised for its rapid growth and expansion into new product areas. MAXN is given a neutral rating due to premium pricing and competitive challenges.

Portfolio Pulse from Shivani Kumaresan

November 21, 2023 | 7:24 pm

HQI

Barrington Research analyst Kevin Steinke has maintained an Outperform rating on HireQuest (NASDAQ:HQI) but has reduced the price target from $26 to $21.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 7:20 pm

TNP

Jefferies analyst Omar Nokta has reiterated a Buy rating on Tsakos Energy Navigation (NYSE:TNP) and maintained a $28 price target for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 7:18 pm

VNRX

EF Hutton analyst Tim Moore has reiterated a Buy rating on VolitionRX (AMEX:VNRX) and maintained a price target of $4.5 for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 7:14 pm

CCK

Truist Securities analyst Michael Roxland has reiterated a Buy rating on Crown Holdings (NYSE:CCK) and maintained a price target of $106.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 7:10 pm

IQV

Truist Securities analyst Jailendra Singh has reiterated a Buy rating on IQVIA Holdings (IQV) and maintained a price target of $240.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 7:08 pm

LOW

Truist Securities analyst Scot Ciccarelli has reiterated a Buy rating on Lowe's Companies (NYSE:LOW) and maintained a price target of $235.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 7:07 pm