Streetbeat News

Price Targets

WPRT

RBC Capital analyst Chris Dendrinos has maintained a 'Sector Perform' rating on Westport Fuel Systems (NASDAQ:WPRT) but reduced the price target from $12 to $10.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 6:50 pm

TRSSF

ATB Capital analyst Frederico Gomes has maintained an Outperform rating on TerrAscend and increased the price target from C$3.5 to C$4.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 6:48 pm

SU

RBC Capital analyst Greg Pardy has reaffirmed an Outperform rating on Suncor Energy and increased the price target from C$51 to C$53.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 6:38 pm

SLB

WFRD

Weatherford International plc (WFRD) shares are up after BofA Securities analyst Saurabh Pant initiated coverage with a Buy rating and a $120 price target. Pant cites the company's strong adjusted EBITDA margin, operational focus, and potential for revenue and margin expansion, balance sheet optimization, and shareholder distributions in 2H24 as reasons for the bullish stance. Weatherford is now second only to Schlumberger NV (SLB) in adjusted EBITDA margin among the Big 3 Diversified OFS companies.

Portfolio Pulse from Priya Nigam

November 10, 2023 | 6:37 pm

KRT

Karat Packaging's stock is trading lower due to disappointing Q3 revenue results and a weak revenue outlook for FY23. Additionally, Truist Securities has reduced its price target for Karat Packaging from $26 to $24.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 6:36 pm

RBA

RBC Capital analyst Arthur Nagorny has maintained an Outperform rating on RB Global (NYSE:RBA) but has reduced the price target from $75 to $73.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 6:35 pm