Streetbeat News

Price Targets

ITW

JP Morgan analyst Tami Zakaria maintains an Overweight rating on Illinois Tool Works (NYSE:ITW) but lowers the price target from $265 to $255.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 2:49 pm

HRL

JP Morgan analyst Thomas Palmer has maintained an Underweight rating on Hormel Foods (NYSE:HRL) and lowered the price target from $36 to $31.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 2:47 pm

KAR

JP Morgan analyst Ryan Brinkman maintains an Overweight rating on Openlane (NYSE:KAR) and raises the price target from $19 to $20.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 2:45 pm

CART

B of A Securities analyst Justin Post has initiated coverage on Maplebear (NASDAQ:CART) with a Neutral rating and a price target of $30.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 2:43 pm

KO

JP Morgan analyst Andrea Teixeira has maintained an Overweight rating on Coca-Cola (NYSE:KO) but lowered the price target from $71 to $59.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 2:43 pm

NXT

Janney Montgomery Scott analyst Sean Milligan has initiated coverage on NEXTracker (NASDAQ:NXT) with a Buy rating and a price target of $43.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 2:41 pm

CNHI

JP Morgan analyst Ann Duignan maintains a Neutral rating on CNH Industrial (NYSE:CNHI) and lowers the price target from $15.5 to $14.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 2:38 pm

BLK

JP Morgan analyst Kenneth Worthington maintains an Overweight rating on BlackRock (NYSE:BLK) but lowers the price target from $736 to $708.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 2:36 pm

AAPL

ALB

AZN

BTCUSD

CVS

GS

HON

MANU

NVAX

NWSA

PFE

RAD

WBA

WE

Bitcoin's price spiked on false rumors of an ETF approval by BlackRock. Albemarle Corporation withdrew its offer to acquire Liontown Resources. Pfizer cut its annual revenue guidance by $9B due to a slump in COVID-19 vaccine sales, and BioNTech warned of €900M write-offs. Rite Aid filed for Chapter 11 bankruptcy. AstraZeneca's Tagrisso-Chemo combo is under FDA priority review. Honeywell projects a 10% increase in new business jet deliveries in 2024. WeWork appointed David Tolley as CEO. Novavax faces a setback as the EMA delays a decision on its COVID-19 vaccine. Activist shareholder Starboard Value acquired a stake in News Corp. Goldman Sachs is reconsidering its consumer lending venture. Manchester United shares fell as the Qatari group pulled away from acquisition. Apple is reshuffling its executive ranks and focusing on reducing the price of Vision Pro. Walgreens and CVS pharmacy staff are planning a nationwide walkout over poor working conditions.

Portfolio Pulse from Vandana Singh

October 16, 2023 | 2:35 pm

D

Scotiabank analyst Andrew Weisel has downgraded Dominion Energy (NYSE:D) from Sector Outperform to Sector Perform and lowered the price target from $56 to $46.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 2:34 pm