Streetbeat News

Price Targets

WDAY

In the last quarter, Workday (NASDAQ:WDAY) received 7 bullish, 13 somewhat bullish, and 4 indifferent ratings from analysts. The company's average 12-month price target is $240.08, a 9.85% increase from the previous average of $218.55. No bearish or somewhat bearish ratings were observed.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 6:00 pm

SG

Piper Sandler analyst Brian Mullan upgraded Sweetgreen, Inc. (NYSE:SG) from Neutral to Overweight, raising the price target to $19 from $13. The upgrade is based on the potential of the company's new automated ordering technology, which is expected to significantly boost margins. The technology is expected to contribute to a 300 to 350 bps lift to SG's consolidated margins by the end of the decade.

Portfolio Pulse from Nabaparna Bhattacharya

July 31, 2023 | 5:50 pm

LYFT

UBER

DA Davidson analyst Tom White reiterated a Buy rating for Uber Technologies, Inc (UBER) with a $62 price target. The rating was based on a comparison of trip prices and wait times between Uber and its main competitor, Lyft, Inc (LYFT). Uber's quoted rideshare prices were found to be ~3% lower than Lyft's, and its wait times were 31% shorter on average. Despite Lyft's recent pricing changes and increased US category share, mobile app engagement and download data suggest little change in the market share landscape.

Portfolio Pulse from Anusuya Lahiri

July 31, 2023 | 5:46 pm

URI

United Rentals shares are trading higher after Barclays maintained an Underweight rating on the stock but raised its price target from $315 to $325.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 5:38 pm

NIO

UBS has maintained a Neutral rating on NIO's stock and increased its price target from $13 to $15. This has led to NIO's shares trading higher.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 5:36 pm

ORLY

RBC Capital has raised the price target for O'Reilly Automotive to $988 on Friday.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 5:30 pm

AVTR

Shares of Avantor are trading lower after several firms reduced their price targets on the stock.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 5:29 pm

SG

Piper Sandler has upgraded Sweetgreen's stock from Neutral to Overweight and raised its price target from $13 to $19, leading to a rise in the company's shares.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 5:21 pm

BN

Brookfield Inc.'s stock (NYSE:BN) has seen a 4.48% increase over the past month and a 3.00% increase over the past year. The company's price-to-earnings (P/E) ratio is 80.74, significantly higher than the Capital Markets industry average of 42.19. This could indicate that the stock is overvalued or that shareholders expect the company to outperform its industry.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 5:15 pm

SYM

Needham analyst James Ricchiuti maintains a Buy rating on Symbotic (NASDAQ:SYM) and raises the price target from $43 to $58.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 5:13 pm