Streetbeat News

Price Targets

RXT

Citigroup analyst Ashwin Shirvaikar has maintained a Sell rating on Rackspace Tech (NASDAQ:RXT) and reduced the price target from $1.50 to $1.25.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 7:08 pm

LLY

Eli Lilly (NYSE:LLY) has received predominantly bullish ratings from analysts in the last quarter, with 3 bullish, 11 somewhat bullish, and 1 indifferent rating. The average 12-month price target for LLY is $642.33, which is an 8.29% increase from the previous target of $593.14. The high estimate is $722.00 and the low is $535.00. Analysts' ratings are based on financial predictions and company performance, and are updated quarterly or after major company events.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 7:00 pm

DCPH

Over the past quarter, Deciphera Pharmaceuticals (NASDAQ:DCPH) received 4 analyst ratings: 2 bullish, 1 somewhat bullish, and 1 indifferent. The 12-month price targets for DCPH suggest an average target of $22.25, with a high of $30.00 and a low of $14.00. The average price target has increased by 5.95% over the past month. Analysts rate stocks based on future earnings potential and company risk profile, typically updating their ratings quarterly or after significant company events.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 7:00 pm

TFC

Truist Finl (NYSE:TFC) has received 9 analyst ratings in the last quarter with 1 bullish, 3 somewhat bullish, and 5 indifferent. The average price target is $34.89, representing an upside from the current price of $31.72. This is a 3.08% decrease from the previous average price target of $36.00. Analyst ratings are updated quarterly and are used by investors to guide stock decisions.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 7:00 pm

VTLE

Over the past 3 months, 4 Wall Street analysts have provided ratings for Vital Energy (NYSE:VTLE), with 2 bullish, 1 somewhat bullish, and 1 indifferent. The average 12-month price target for VTLE is $76.00, with a high of $122.00 and a low of $55.00, marking a 28.81% increase from the previous target of $59.00.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 7:00 pm

FND

Floor & Decor Holdings (NYSE:FND) received 14 analyst ratings in the last quarter, with an average 12-month price target of $92.21, representing an 11.92% decrease from the previous target of $104.69. The ratings include 5 bullish, 2 somewhat bullish, 6 indifferent, 1 somewhat bearish, and 0 bearish. The high price target is $120.00 and the low is $71.00. Analyst ratings are updated quarterly and are based on financial analysis and insider information.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 7:00 pm

BJ

Citigroup analyst Paul Lejuez has maintained a Neutral rating on BJ's Wholesale Club (NYSE:BJ) but has reduced the price target from $74 to $72.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 6:56 pm

ARM

Wells Fargo analyst Gary Mobley initiated coverage on Arm Holdings Plc (NASDAQ:ARM) with an Overweight rating and a $70 price target. The positive outlook is based on the company's growth potential, with revenue and adjusted EPS CAGR rates of 18% and 35% to 2027, respectively, and expected operating margin expansion to 54%. As a result, ARM shares saw an increase of 5.73% to $58.14.

Portfolio Pulse from Anusuya Lahiri

November 20, 2023 | 6:44 pm

AAPL

BBY

Apple Inc.'s 15-inch MacBook Air with M2 chip is on sale for Black Friday at Best Buy Co Inc. for $1,399, a $300 discount from the usual price of $1,699. The deal includes a $250 flat discount and an additional $50 off for My Best Buy Plus and Total subscribers. The MacBook Air features a 15.3-inch Liquid Retina display, weighs 3.3 pounds, and is powered by the M2 chip, promising up to 18 hours of Apple TV playback or 15 hours of web browsing.

Portfolio Pulse from Rounak Jain

November 20, 2023 | 6:42 pm

ADBE

Adobe Inc. (NASDAQ:ADBE) stock has risen by 13.48% over the past month and 85.06% over the past year, currently trading at $604.50. Investors are examining Adobe's P/E ratio in comparison to its software industry peers to determine if the stock is overvalued. Adobe's P/E is lower than the industry aggregate of 95.24, which could mean the stock is undervalued or that investors expect less future growth. The P/E ratio is a helpful tool but should be used alongside other metrics and analyses for investment decisions.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 6:30 pm