Streetbeat News

Price Targets

SRPT

Wedbush analyst Andreas Argyrides has initiated coverage on Sarepta Therapeutics (NASDAQ:SRPT) with an Outperform rating and set a price target of $224.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 9:02 am

ZION

Citigroup analyst Keith Horowitz has downgraded Zions Bancorp (NASDAQ:ZION) from Buy to Neutral and set a price target of $37.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 8:57 am

PLTK

Citigroup analyst Jason Bazinet has upgraded Playtika Holding (NASDAQ:PLTK) from Neutral to Buy and set a price target of $11.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 8:54 am

XYL

Deutsche Bank analyst Andy Krill has upgraded Xylem (NYSE:XYL) from Hold to Buy and increased the price target from $104 to $120, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 8:50 am

PPBI

Raymond James analyst David Feaster has maintained a Strong Buy rating on Pacific Premier Bancorp (NASDAQ:PPBI) and increased the price target from $23 to $26.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 8:45 am

DKS

DICK'S Sporting Goods, Inc. (NYSE:DKS) is expected to report lower Q3 earnings at $2.45 per share compared to $2.6 per share a year ago, with revenue estimated at $2.94 billion. The company plans to hire 8,600 seasonal workers for the holidays. DKS stock rose 0.8% to $119.01 recently. Analysts have given mixed ratings and price targets, with the most accurate analysts suggesting a range from $115 to $134.

Portfolio Pulse from Lisa Levin

November 21, 2023 | 7:29 am

TSLA

Tesla CEO Elon Musk responded with a clown emoji to Jefferies analyst Philippe Houchois' recommendation to shelve the Cybertruck, calling it an 'off-mission product'. Houchois sees 2024 as a 'lost year' for Tesla's growth and suggests canceling the Cybertruck could help Tesla refocus. Despite this, Houchois maintains a Neutral rating on Tesla stock but lowered the price target from $250 to $210. Tesla is set to launch the Cybertruck on November 30, with reports indicating only a few units may be delivered at the event. Tesla's stock closed up 0.55% at $235.60.

Portfolio Pulse from Shanthi Rexaline

November 21, 2023 | 5:27 am

PGR

Barclays analyst Tracy Benguigui has maintained an Underweight rating on Progressive (NYSE:PGR) and increased the price target from $111 to $112.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 8:01 pm

RXT

Rackspace Tech (NASDAQ:RXT) has received mixed analyst ratings in the last quarter, with an average 12-month price target of $1.79, which is a slight increase from the previous target of $1.75. The ratings include 1 somewhat bullish, 1 indifferent, 1 somewhat bearish, and 1 bearish rating. The high price target is $3.50 and the low is $1.00.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 8:00 pm

FND

Truist Securities analyst Keith Hughes maintains a Buy rating on Floor & Decor Holdings Inc (FND) and increases the price target from $97 to $102. Hughes anticipates the flooring industry to rally first due to quick demand trend changes and expects FND to experience a turnaround and market share gains. The analyst predicts a strong 2025 for FND, driven by store openings and a demand recovery, and raises the 2024 EPS estimate to $2.08. FND's stock price has risen by 1.10% to $90.78.

Portfolio Pulse from Shivani Kumaresan

November 20, 2023 | 7:09 pm