Streetbeat News

Price Targets

SYM

Keybanc analyst Ken Newman has initiated coverage on Symbotic (NASDAQ:SYM) with an Overweight rating and a price target of $50.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 9:14 am

EMR

Keybanc analyst Ken Newman has initiated coverage on Emerson Electric (NYSE:EMR) with an Overweight rating and a price target of $120.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 9:06 am

KLG

Goldman Sachs analyst Jason English has initiated coverage on WK Kellogg (NYSE:KLG) with a Sell rating and a price target of $11.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 8:45 am

PMN

BTIG analyst Thomas Shrader has initiated coverage on ProMIS Neurosciences (NASDAQ:PMN) with a Buy rating and a price target of $8.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 8:43 am

CTLP

Berenberg analyst Mark Palmer has initiated coverage on Cantaloupe (NASDAQ:CTLP) with a Buy rating and a price target of $9.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 8:41 am

CHDN

Stifel analyst Jeffrey Stantial has initiated coverage on Churchill Downs (NASDAQ:CHDN) with a Buy rating and a price target of $148.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 8:34 am

APLD

Roth MKM analyst Darren Aftahi has initiated coverage on Applied Digital (NASDAQ:APLD) with a Buy rating and a price target of $14.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 8:28 am

REYN

Goldman Sachs analyst Jason English has upgraded Reynolds Consumer Prods (NASDAQ:REYN) from Sell to Neutral and raised the price target from $28 to $30.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 8:23 am

AB

Goldman Sachs analyst Alexander Blostein has upgraded AllianceBernstein Holding (NYSE:AB) from Neutral to Buy and announced a price target of $36.75.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 8:20 am

INTC

MSFT

NVDA

QRVO

SYNA

Nvidia Corp. (NASDAQ:NVDA) has seen a remarkable rally, surging over 200% year-to-date. Analyst John Vinh from KeyBanc Capital Markets believes there's still room for growth, raising the price target from $670 to $750. Despite weak demand in China, AI data center demand remains strong, outpacing supply by approximately 20%. Nvidia, Synaptics Inc. (NASDAQ:SYNA), Intel Corp. (NASDAQ:INTC), and Qorvo, Inc. (NASDAQ:QRVO) are benefiting from rush orders in the Android smartphone supply chain. Vinh predicts that the Microsoft Corp. (NASDAQ:MSFT)/Open AI alliance will procure 450,000 Nvidia GPUs this year, translating to $11 billion in revenue.

Portfolio Pulse from Shanthi Rexaline

October 03, 2023 | 8:20 am