Streetbeat News

Price Targets

CABA

Stifel analyst Ben Burnett has initiated coverage on Cabaletta Bio (NASDAQ:CABA) with a Buy rating and a price target of $31.

Portfolio Pulse from Benzinga Newsdesk

October 19, 2023 | 8:54 am

MXL

Deutsche Bank analyst Ross Seymore has downgraded MaxLinear (NASDAQ:MXL) from Buy to Hold and set a price target of $23.

Portfolio Pulse from Benzinga Newsdesk

October 19, 2023 | 8:44 am

DADA

Morgan Stanley analyst Qianlei Fan has downgraded Dada Nexus (NASDAQ:DADA) from Overweight to Equal-Weight and lowered the price target from $12.3 to $4.78.

Portfolio Pulse from Benzinga Newsdesk

October 19, 2023 | 8:41 am

NTRS

Wells Fargo analyst Mike Mayo has downgraded Northern Trust (NASDAQ:NTRS) from Overweight to Equal-Weight and lowered the price target from $90 to $71.

Portfolio Pulse from Benzinga Newsdesk

October 19, 2023 | 8:22 am

ALK

Alaska Air Group, Inc. (NYSE:ALK) is expected to report lower Q3 earnings at $1.86 per share, down from $2.53 per share a year ago. The company's revenue might be $2.87 billion, compared to $2.82 billion in the year-ago period. The company's shares fell 5.2% to close at $32.66 on Wednesday. Several analysts have recently lowered their price targets for the company.

Portfolio Pulse from Lisa Levin

October 19, 2023 | 6:18 am

DIS

NFLX

Netflix Inc. has raised subscription prices for certain streaming plans in the U.S., U.K., and France, coinciding with a surge in new customer sign-ups. The price adjustments impacted select plans, while the entry-level, ad-supported tier remains at its current price. This decision came in tandem with an increase in new customer sign-ups, propelling the company’s shares up by 13%. Other big streaming companies like Walt Disney Co's Disney+ and HBO Max have also raised their prices.

Portfolio Pulse from Ananya Gairola

October 19, 2023 | 5:39 am

BX

A significant amount of unusual options activity has been detected for Blackstone (NYSE:BX), with a mix of bullish and bearish stances. Whales have been targeting a price range from $65.0 to $120.0 for Blackstone over the last 3 months. The current price of BX is down -1.97% at $103.26. HSBC has downgraded its action to Hold with a price target of $113, while Barclays maintains an Equal-Weight rating with a price target of $116.

Portfolio Pulse from Benzinga Insights

October 18, 2023 | 7:46 pm

VEEV

A significant bearish stance has been taken on Veeva Sys (NYSE:VEEV) as indicated by unusual options activity. The sentiment among big-money traders is split between 45% bullish and 54% bearish. Whales have been targeting a price range from $80.0 to $210.0 for Veeva Sys over the last 3 months. Jefferies has downgraded its action to Buy with a price target of $265, while Keybanc maintains an Overweight rating with a price target of $230.

Portfolio Pulse from Benzinga Insights

October 18, 2023 | 7:46 pm

SEAS

B. Riley Securities analyst Eric Wold maintains a 'Buy' rating on SeaWorld Entertainment (NYSE:SEAS), but has lowered the price target from $78 to $71.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 7:11 pm

SIX

B. Riley Securities has maintained a Neutral rating on Six Flags Entertainment (NYSE:SIX) and lowered the price target from $27 to $24.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 7:09 pm