Streetbeat News

Price Targets

BJRI

Stephens & Co. analyst Joshua Long has reiterated an Equal-Weight rating on BJ's Restaurants (NASDAQ:BJRI) and maintained a price target of $35. This indicates that the analyst believes BJRI stock is fairly valued at its current price and is not expected to significantly outperform or underperform the market.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 9:18 am

PWFL

Barrington Research analyst Gary Prestopino has reiterated an Outperform rating on PowerFleet (NASDAQ:PWFL) and maintained a $7 price target for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 9:13 am

LPG

Jefferies analyst Omar Nokta upgraded Dorian LPG (NYSE:LPG) from Hold to Buy and increased the price target from $37 to $50.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 9:08 am

DUOL

Piper Sandler analyst Arvind Ramnani has reiterated an Overweight rating on Duolingo (NASDAQ:DUOL) and maintained a price target of $217.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 9:03 am

A

Agilent Technologies, Inc. (NYSE:A) is expected to report lower Q4 earnings of $1.35 per share compared to $1.53 per share a year ago, with revenue estimated at $1.67 billion versus $1.85 billion. Despite a 5% dividend increase, shares dropped 0.9%. Analysts have revised price targets, with Barclays cutting it from $110 to $105, Evercore ISI from $124 to $120, Jefferies from $150 to $146, JP Morgan from $155 to $150, and Baird from $144 to $140.

Portfolio Pulse from Lisa Levin

November 20, 2023 | 8:23 am

DOGEUSD

PEPEUSD

SHIBUSD

Pepe coin (PEPE) has experienced a significant surge in 2023, with a 2000% increase in its price, outshining other popular meme cryptocurrencies like Dogecoin (DOGE) and Shiba Inu (SHIB). PEPE's market capitalization has reached around $501 million, with the coin trading at $0.000001205. The number of PEPE holders is 147,959. Despite its name, Pepe coin is not officially connected to the Pepe the Frog meme. The total supply of Pepe coins is 420 trillion, with over 93.1% allocated to liquidity pools or destroyed. PEPE trades on Uniswap through four liquidity pools. Meanwhile, DOGE has seen a 2% increase in the last 24 hours, trading at $0.079.

Portfolio Pulse from Mehab Qureshi

November 20, 2023 | 7:38 am

BTCUSD

James Butterfill, head of research at CoinShares, suggests that the approval of a spot Bitcoin ETF by the SEC could lead to a significant increase in Bitcoin's price, potentially over 600%. He estimates that a 10% investment in a spot Bitcoin ETF with a 1% average allocation could result in $14.4 billion of inflows in the first year, potentially pushing Bitcoin's price to $141,000. A larger inflow of $31.3 billion could lead to a price of $265,437, a 627% surge from its current value of $36,565.

Portfolio Pulse from Bibhu Pattnaik

November 19, 2023 | 5:02 pm

AMZN

META

MSFT

SOXX

TSLA

The stock market saw gains for the third consecutive week, with major indexes rising. U.S. inflation slowed in October, and retail sales contracted slightly. Benzinga's event discussed fintech and digital assets. Bullish views included Amazon's blockchain head discussing a Bitcoin ETF, Microsoft's raised target price due to AI and custom chips, and Dogecoin's potential rally. Bearish perspectives involved Tesla's struggles in China, Michael Burry's short bet against the semiconductor sector, and a developer favoring Apple's Vision Pro over Meta's Quest.

Portfolio Pulse from Michael Cohen

November 18, 2023 | 5:22 pm

EOG

EOG Resources Inc. (NYSE:EOG) saw a 2.50% increase in its stock price to $123.72 in the current market session, despite a 7.14% decrease over the past month and an 11.54% drop over the past year. The P/E ratio analysis suggests that EOG Resources, with a lower P/E than the industry average, may be undervalued or may not be expected to grow as much as its peers. Investors are advised to consider the P/E ratio alongside other financial metrics and qualitative factors when evaluating the company's stock.

Portfolio Pulse from Benzinga Insights

November 17, 2023 | 8:30 pm

DKS

NKE

ONON

Truist Securities analyst Joseph Civello initiated coverage on Dick's Sporting Goods Inc (DKS) with a Buy rating and a price target of $134, citing strong ties with Nike (NKE) and On Holding AG (ONON). Despite a 22% drop in DKS shares since 2Q23 EPS, the analyst sees a buying opportunity, highlighting the company's structural improvements and partnerships with major sports apparel/footwear vendors. The EPS estimates for FY23 and FY24 are $11.95 and $12.45, respectively. DKS shares rose 2.91% to $118.71 recently.

Portfolio Pulse from Nabaparna Bhattacharya

November 17, 2023 | 8:27 pm