Streetbeat News

Price Targets

WMT

Jefferies analyst Corey Tarlowe has maintained a Buy rating on Walmart (NYSE:WMT) and increased the price target from $190 to $195.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 7:59 pm

TGT

Jefferies analyst Corey Tarlowe has maintained a Buy rating on Target Corporation (NYSE:TGT) but has reduced the price target from $165 to $135.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 7:54 pm

AAPL

PYPL

Mizuho analyst Dan Dolev maintains a Buy rating on PayPal (PYPL) with a reduced price target of $72, citing strong growth prospects despite competition from Apple Pay. Dolev notes PayPal's web traffic share from Temu has decreased in October, but remains optimistic about PayPal's potential to integrate PayPal and Venmo into a global digital wallet. He forecasts Q3 revenue and EPS slightly above prior estimates but below consensus, and Q4 revenue above consensus with EPS slightly below prior estimates.

Portfolio Pulse from Anusuya Lahiri

November 14, 2023 | 7:38 pm

TSLA

Goldman Sachs analyst Mark Delaney maintains a Neutral rating on Tesla Inc (TSLA) with a price target of $235. Delaney highlights Tesla's potential in AI licensing/services, particularly with its Full Self Driving (FSD) product and Dojo AI training. While acknowledging the competitive landscape, including Nvidia, he suggests Tesla's AI leadership could lead to significant market opportunities if executed well. Delaney estimates Tesla's FSD could generate $50-$100 billion annually by 2030, from the current $1-$3 billion. He forecasts FY23 revenue and EPS slightly below consensus at $96.8 billion and $2.64, respectively. TSLA shares were up 5.60% at $236.23 recently.

Portfolio Pulse from Anusuya Lahiri

November 14, 2023 | 7:34 pm

MNDY

Monday.com (NASDAQ:MNDY) exceeded Q3 earnings expectations with an adjusted EPS of 64 cents, surpassing estimates of 20 cents. Revenue was $189.19 million, above the forecast of $182.36 million. The company provided strong Q4 and FY23 revenue guidance, leading to a 5.8% stock increase. Following the earnings report, Keybanc and UBS raised their price targets for MNDY, with Keybanc maintaining an Overweight rating and UBS a Neutral rating.

Portfolio Pulse from Lisa Levin

November 14, 2023 | 7:21 pm

ASUR

Asure Software's stock is trading lower following the release of their Q3 financial results, which included Q4 and FY24 revenue guidance that fell short of expectations. Additionally, Lake Street downgraded Asure Software from Buy to Hold, and Stifel reduced its price target for the company from $15 to $12.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 7:18 pm

HSIC

Henry Schein Inc (NASDAQ:HSIC) reported Q3 sales of $3.16 billion, missing consensus estimates of $3.21 billion. Adjusted EPS was $1.32, in line with estimates, but the company narrowed its FY23 adjusted EPS guidance due to softening macroeconomic conditions. Following the earnings report, analysts at Morgan Stanley, Barrington Research, and UBS revised their price targets downward, while maintaining their respective ratings on the stock. HSIC stock gained 1.5% to $68.54 on Tuesday.

Portfolio Pulse from Lisa Levin

November 14, 2023 | 7:16 pm

THC

Jefferies analyst Brian Tanquilut has maintained a Buy rating on Tenet Healthcare (NYSE:THC) but has reduced the price target from $95 to $85.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 7:14 pm

DFLI

Dragonfly Energy Holdings reported a year-over-year decrease in Q3 financial results and provided Q4 revenue guidance below estimates, leading to a downgrade by Roth MKM from Buy to Neutral. This has resulted in the company's shares trading lower.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 7:13 pm

TSN

Tyson Foods, Inc. (NYSE:TSN) reported Q4 earnings of 37 cents per share, surpassing estimates of 29 cents per share. However, sales of $13.35 billion fell short of the expected $13.73 billion. The company forecasts FY24 adjusted operating income between $1 billion and $1.5 billion. Following the earnings report, Tyson's stock rose 3.8% to $47.33. Analysts at BMO Capital, JP Morgan, and Stephens & Co. updated their price targets and ratings for Tyson Foods.

Portfolio Pulse from Lisa Levin

November 14, 2023 | 7:11 pm