Streetbeat News

Price Targets

HD

Post Q3 FY23 results, analysts have adjusted their price targets and estimates for The Home Depot Inc (NYSE:HD). Despite a sales decline of 3% to $37.71 billion, Home Depot beat the consensus estimate of $35.66 billion with an EPS of $3.81. The company also narrowed its FY23 sales and EPS forecast. Analysts from Goldman Sachs, Truist Securities, Oppenheimer, Guggenheim, RBC Capital Markets, and Telsey Advisory Group have revised their price targets and EPS estimates, with most maintaining positive ratings but adjusting figures to reflect Q3 outcomes and future expectations. HD shares rose by 1.36% to $307.76.

Portfolio Pulse from Lekha Gupta

November 15, 2023 | 7:34 pm

DKNG

Craig-Hallum analyst Ryan Sigdahl has maintained a Buy rating on DraftKings (NASDAQ:DKNG) and increased the price target from $40 to $45.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 7:32 pm

UPS

The U.S. Postal Service has filed a notice with the Postal Regulatory Commission regarding price changes for shipping services, which are set to take effect on January 21, 2024. Although UPS is not directly mentioned in the article, it operates in the same sector and could be indirectly affected by these changes.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 7:17 pm

TSHA

Taysha Gene Therapies' stock price increased following the release of their Q3 financial results. Additionally, Cantor Fitzgerald reaffirmed an Overweight rating and increased the price target for Taysha from $6 to $7.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 7:13 pm

PSFE

Susquehanna analyst James Friedman has maintained a Neutral rating on Paysafe (NYSE:PSFE) but has reduced the price target from $16 to $14.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 7:11 pm

NU

Susquehanna analyst James Friedman has maintained a Positive rating on Nu Holdings (NYSE:NU) and increased the price target from $10 to $11.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 7:09 pm

XPOF

Guggenheim analyst John Heinbockel has maintained a Buy rating on Xponential Fitness (NYSE:XPOF) but reduced the price target from $30 to $25.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 7:08 pm

ROIV

Guggenheim analyst Yatin Suneja has maintained a Buy rating on Roivant Sciences (NASDAQ:ROIV) but reduced the price target from $17 to $16.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 7:06 pm

MLTX

Guggenheim analyst Yatin Suneja has reaffirmed a Buy rating on MoonLake (NASDAQ:MLTX) and increased the price target from $70 to $77.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 7:04 pm

GENK

Craig-Hallum analyst Jeremy Hamblin has maintained a Buy rating on GEN Restaurant Group (NASDAQ:GENK) but lowered the price target from $27 to $16. This adjustment reflects a more conservative valuation of the company's future prospects.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 7:03 pm