Streetbeat News

Price Targets

TELA

JMP Securities analyst David Turkaly has maintained a Market Outperform rating on TELA Bio (NASDAQ:TELA), but has reduced the price target from $20 to $15.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 7:52 pm

OPFI

JMP Securities analyst David Scharf has maintained a Market Outperform rating on OppFi (NYSE:OPFI) and increased the price target from $3 to $3.25.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 7:50 pm

OBDC

JMP Securities analyst Devin Ryan has maintained a Market Outperform rating on Blue Owl Capital (NYSE:OBDC) and increased the price target from $15 to $15.5.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 7:48 pm

FVRR

JMP Securities analyst Andrew Boone has maintained a Market Outperform rating on Fiverr Intl (NYSE:FVRR) but reduced the price target from $50 to $40.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 7:46 pm

ENV

JMP Securities analyst Devin Ryan has maintained a Market Outperform rating on Envestnet (NYSE:ENV) but has reduced the price target from $78 to $76.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 7:44 pm

COIN

HOOD

Mizuho analyst Dan Dolev maintains an Underperform rating on Coinbase Global, Inc. (COIN) but raises the price target from $27 to $31. Despite COIN's share upswing (+170% YTD), Dolev warns of downside risk due to retail fatigue affecting revenue streams. Retail activity, crucial for COIN's revenue, shows a decline in monthly transacting user count and trading volume per user. However, near-term positives include higher spreads, stable market share against Robinhood Markets, Inc. (HOOD), and improved cost controls. The analyst has increased FY23 revenue and EBITDA estimates for COIN, while observing the impact of Bitcoin's price rise on user activity.

Portfolio Pulse from Nabaparna Bhattacharya

November 10, 2023 | 7:43 pm

DV

JMP Securities analyst Andrew Boone has maintained a Market Outperform rating on DoubleVerify Holdings (DV) but has reduced the price target from $40 to $39.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 7:42 pm

CVX

XOM

Piper Sandler analyst Ryan M. Todd has reiterated an Overweight rating on Exxon Mobil Corporation (XOM) with a price target of $136, citing the company's efforts to improve its portfolio for profitability and resilience. Exxon Mobil's focus on assets with low costs and high quality, structural reorganizations, and cost reductions contribute to its position as a top pick among integrated oil companies. The analyst expects Exxon Mobil to maintain a valuation premium over its peers, including Chevron Corporation (CVX), due to its lower capital reinvestment and geopolitical risks. FY23 EPS is estimated at $9.66 with an EBITDA of $76.447 billion, and FY24 EPS at $11.69 with an EBITDA of $88.214 billion. XOM shares were up by 0.81% to $103.79 in the last check.

Portfolio Pulse from Nabaparna Bhattacharya

November 10, 2023 | 7:41 pm

AURA

JMP Securities analyst Jonathan Wolleben has maintained a Market Outperform rating on Aura Biosciences (NASDAQ:AURA) but reduced the price target from $21 to $19.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 7:40 pm

XMTR

RBC Capital analyst Matthew Hedberg has maintained a Sector Perform rating on Xometry (NASDAQ:XMTR) but has reduced the price target from $21 to $20.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 7:36 pm