Streetbeat News

Price Targets

IYK

PG

VDC

Goldman Sachs has lowered its Q1 forecast for Procter & Gamble (PG) due to global challenges, particularly in international markets. The price target is reduced to $164 with a Neutral rating. Despite resilience in the U.S., international issues and FX headwinds are expected to result in flat net sales growth. PG's organic sales growth has decelerated, and investor expectations have shifted lower.

Portfolio Pulse from Lekha Gupta

October 07, 2024 | 6:04 pm

EG

SMCI

STZ

TLT

USO

Stocks fell as oil prices surged and 10-year yields crossed 4% due to Middle East tensions. The energy sector outperformed, with USO rising over 3%. Major indices like the S&P 500 and Dow Jones declined. Super Micro Computer Inc. surged 14% on product news, while Everest Group Ltd. and Constellation Brands Inc. faced downgrades.

Portfolio Pulse from Piero Cingari

October 07, 2024 | 6:02 pm

ACHR

Cantor Fitzgerald analyst Andres Sheppard has reiterated an Overweight rating on Archer Aviation (NYSE:ACHR) and maintained a $10 price target.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 6:01 pm

ZG

Analysts have provided mixed reviews on Zillow Group (NASDAQ:ZG) over the past three months, with a recent positive shift in average price targets. The average 12-month price target has increased by 10.78% to $57.53. Analysts have varied ratings from 'Buy' to 'Neutral', with some raising their price targets significantly.

Portfolio Pulse from Benzinga Insights

October 07, 2024 | 6:00 pm

SYF

Analysts have shared mixed views on Synchrony Financial (NYSE:SYF) over the past three months, with a range of ratings from bullish to indifferent. The average 12-month price target has increased to $54.4, with a high of $60.00 and a low of $41.00. Recent analyst actions include both raises and lowers in ratings and price targets, reflecting dynamic market conditions and company performance. Synchrony Financial has shown strong financial performance with a 12.69% revenue growth rate and a net margin of 16.81%, although its return on assets lags behind industry averages.

Portfolio Pulse from Benzinga Insights

October 07, 2024 | 6:00 pm

BNTX

HSBC analyst Yifeng Liu has maintained a Buy rating on BioNTech (NASDAQ:BNTX) and raised the price target from $97 to $136.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 5:58 pm

BK

JP Morgan analyst Vivek Juneja has maintained an Overweight rating on Bank of New York Mellon (NYSE:BK) and raised the price target from $69 to $77.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 5:57 pm

LMT

RBC Capital analyst Ken Herbert maintains an Outperform rating on Lockheed Martin and raises the price target from $600 to $675.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 5:56 pm

RDDT

JP Morgan analyst Doug Anmuth maintains a Neutral rating on Reddit (NYSE:RDDT) but raises the price target from $59 to $77.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 5:55 pm

NMIH

JP Morgan analyst Richard Shane maintains an Overweight rating on NMI Holdings and raises the price target from $42 to $46.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 5:54 pm