Streetbeat News

Price Targets

CELH

Jefferies analyst Kaumil Gajrawala has initiated coverage on Celsius Holdings (NASDAQ:CELH) with a Buy rating and set a price target of $217.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 10:03 am

HCAT

Piper Sandler analyst Jessica Tassan has upgraded Health Catalyst (HCAT) from Neutral to Overweight, while also lowering the price target from $12 to $11.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 9:54 am

VVX

JMP Securities analyst Trevor Walsh has initiated coverage on V2X (NYSE:VVX) with a Market Outperform rating and set a price target of $65.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 9:49 am

AXS

Keefe, Bruyette & Woods analyst Meyer Shields upgraded Axis Capital Holdings (NYSE:AXS) from Market Perform to Outperform and increased the price target from $59 to $66.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 9:41 am

RGTI

Needham analyst Quinn Bolton has reiterated a Buy rating on Rigetti Computing (NASDAQ:RGTI) and maintained a $3 price target for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 9:34 am

HSIC

Henry Schein, Inc. (NASDAQ:HSIC) is expected to report Q3 earnings of $1.32 per share, slightly up from $1.29 per share a year ago, with revenues estimated at $3.21 billion versus $3.19 billion. The company's shares rose 3.1% to $64.07 recently. Analysts have updated their ratings, with Stifel upgrading to Buy with a $70 target, JP Morgan maintaining Neutral with an $83 target, UBS maintaining Neutral with an $82 target, and Morgan Stanley maintaining Underweight with a $69 target.

Portfolio Pulse from Lisa Levin

November 13, 2023 | 6:07 am

BLK

DOGEUSD

ETHUSD

Cryptocurrency analysts predict surges in Dogecoin and Ethereum, with Dogecoin potentially increasing by 140-170% and Ethereum aiming to break resistance at $1,900. Bitcoin's price is rallying, surpassing $35,000, fueled by interest in Bitcoin Spot ETFs and the upcoming halving event. BlackRock is optimistic about SEC approval for its Bitcoin ETF by January 2024, which could inject $200 billion into Bitcoin markets and drive the price to $330,000.

Portfolio Pulse from Benzinga Neuro

November 12, 2023 | 4:01 pm

CLF

GS

MT

RIO

VALE

Goldman Sachs (NYSE:GS) forecasts an iron ore supply deficit by year-end due to reduced production and low inventories, particularly highlighting issues with Vale's (NYSE:VALE) output. China's increased fiscal spending could boost demand, but the property crisis remains a concern. Goldman raised its iron ore price forecast for 2023 and 2024. The deficit may impact companies like Rio Tinto (NYSE:RIO), Cleveland-Cliffs (NYSE:CLF), and Arcelor Mittal (NYSE:MT).

Portfolio Pulse from Nabaparna Bhattacharya

November 11, 2023 | 7:50 pm

BTCUSD

ETHUSD

Arthur Hayes, co-founder of BitMEX, predicts Ethereum (ETH) could surge by 4,669% to reach $100,000 and maintains his forecast for Bitcoin (BTC) to hit $1 million. He advocates for investing in cryptocurrencies, especially BTC and ETH, as a hedge against global currency devaluation. Hayes sees potential in layer-one blockchains like Solana but doubts they will surpass Ethereum in developer activity or DApp usage. At the time of writing, BTC and ETH are up by 7% and 12% over the last seven days, respectively.

Portfolio Pulse from Bibhu Pattnaik

November 11, 2023 | 3:44 pm

BLK

BTCUSD

Cryptocurrency analyst Michaël van de Poppe predicts a potential Bitcoin bull run, with a price target of $50,000 to $55,000, nearly 50% above the current level of $37,000. This outlook is based on the expected approval of BlackRock Inc.'s spot Bitcoin ETF and the Bitcoin halving event in 2024. Van de Poppe's analysis suggests that Bitcoin is entering the first year of a two-year bull cycle after a year-long bear market and accumulation phase.

Portfolio Pulse from Rounak Jain

November 11, 2023 | 2:01 pm