Streetbeat News

Price Targets

PLUG

Plug Power's stock (PLUG) trades lower following a downgrade by Citigroup from Buy to Neutral, with a reduced price target from $12.5 to $5.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 5:24 pm

RGTI

Benchmark analyst David Williams has maintained a Buy rating on Rigetti Computing (NASDAQ:RGTI) but has reduced the price target from $4 to $3.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 5:21 pm

LVRO

Lavoro shares have seen an uptick following Stifel's initiation of coverage with a Buy rating and a price target of $12.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 5:19 pm

BEAT

Benchmark analyst Bill Sutherland has reiterated a Speculative Buy rating on HeartBeam (NASDAQ:BEAT) and maintained an $8 price target for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 5:16 pm

AMX

America Movil Inc. (NYSE:AMX) saw a 0.90% drop in its share price to $17.57 in the current market session. Despite a 6.77% increase over the past month, the stock has decreased by 11.52% over the past year. The company's P/E ratio of 11.92 is lower than the Wireless Telecommunication Services industry average of 41.07, which could indicate undervaluation or weaker growth prospects.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 5:15 pm

CCLD

Benchmark analyst Bill Sutherland has reiterated a Buy rating on CareCloud (NASDAQ:CCLD) and maintained a $3.5 price target for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 5:12 pm

GLBE

Benchmark analyst Mark Zgutowicz has maintained a Buy rating on Global E Online (NASDAQ:GLBE) but has reduced the price target from $50 to $40.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 5:08 pm

RBLX

Benchmark analyst Mike Hickey has reiterated a Buy rating on Roblox Corporation (NYSE:RBLX) and maintained a price target of $46.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 5:06 pm

JD

Benchmark analyst Fawne Jiang has reiterated a Buy rating on JD.com (NASDAQ:JD) and maintained a $67 price target for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 5:05 pm

AAP

Advance Auto Parts Inc. (NYSE:AAP) reported a loss in Q3 FY23 with sales of $2.719 billion, slightly above estimates, but an EPS loss of 82 cents. The company reduced its FY23 EPS outlook significantly from the prior view of $4.50-$5.10 to $1.40-$1.80, well below the $4.65 estimate. Revenue outlook was also revised to $11.250-$11.300 billion. Following the results, AAP shares dropped 7.3%. Analysts from B of A Securities, Goldman Sachs, Wedbush, and JP Morgan have subsequently lowered their price targets on AAP, with B of A Securities also downgrading the stock to Underperform.

Portfolio Pulse from Lisa Levin

November 16, 2023 | 5:02 pm