Streetbeat News

Price Targets

CIEN

CYTK

G

HD

NFLX

OWL

RDDT

SAGE

SHOP

SPGI

Top Wall Street analysts have updated their price targets for several companies, including Netflix, Reddit, Cytokinetics, Sage Therapeutics, Shopify, The Home Depot, Ciena, S&P Global, Blue Owl Capital, and Genpact. Notably, Netflix's price target was raised to $650 by Deutsche Bank, while The Home Depot received an upgrade to Buy from Loop Capital.

Portfolio Pulse from Avi Kapoor

October 09, 2024 | 12:09 pm

SPMC

B. Riley Securities has initiated coverage on Sound Point Meridian Capital, Inc. (NYSE:SPMC) with a Buy rating and set a price target of $22.5.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 12:09 pm

SEIC

Piper Sandler has maintained a Neutral rating on SEI Investments (NASDAQ:SEIC) while raising the price target from $71 to $74.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 12:07 pm

OWL

Piper Sandler has maintained an Overweight rating on Blue Owl Capital (NYSE:OWL) and increased its price target from $20 to $23, indicating a positive outlook for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 12:05 pm

PWP

JMP Securities has maintained a Market Outperform rating on Perella Weinberg (NASDAQ:PWP) and raised its price target from $22 to $26.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 12:04 pm

GCMG

Piper Sandler has maintained a Neutral rating on GCM Grosvenor while raising the price target from $10.5 to $11.5.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 12:03 pm

CIEN

Ciena (NYSE:CIEN) has received mixed analyst ratings over the past three months, with a recent increase in the average 12-month price target to $62.36. Analysts have shown a mix of bullish and neutral stances, with several raising their price targets. Despite a revenue decline, Ciena's financial health is strong, with efficient cost management and low debt dependency.

Portfolio Pulse from Benzinga Insights

October 09, 2024 | 12:02 pm

G

Analysts have varied opinions on Genpact (NYSE:G), with recent ratings showing a mix of bullish and indifferent sentiments. The average 12-month price target has increased by 8.72% to $41.0. Analysts have adjusted their ratings and price targets, reflecting changing market conditions and company performance. Genpact's financial metrics, such as revenue growth, net margin, and return on equity, are strong compared to industry averages.

Portfolio Pulse from Benzinga Insights

October 09, 2024 | 12:01 pm

GS

JMP Securities has maintained a Market Outperform rating on Goldman Sachs Group (NYSE:GS) and raised its price target from $525 to $550.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 12:01 pm

GTLB

GitLab (NASDAQ:GTLB) has received mixed analyst ratings, with a majority being somewhat bullish. Analysts have set a 12-month average price target of $62.44, up 1.3% from the previous target. Recent analyst actions include several rating upgrades and price target increases, reflecting positive sentiment towards GitLab's financial performance, which includes a 30.81% revenue growth rate and strong net margins.

Portfolio Pulse from Benzinga Insights

October 09, 2024 | 12:00 pm