Streetbeat News

Price Targets

BBY

Best Buy Co Inc (NYSE:BBY) reported better-than-expected Q2 results with sales of $9.58 billion and adjusted EPS of $1.22. However, the company revised its FY24 revenue guidance to $43.80 billion-$44.50 billion and expects a comparable sales decline of 4.5% to 6.0%. Following the results, Telsey Advisory Group, Wedbush, and UBS revised their price targets on Best Buy.

Portfolio Pulse from Lisa Levin

August 30, 2023 | 3:15 pm

PGRE

Wells Fargo analyst Blaine Heck maintains an Underweight rating on Paramount Group (NYSE:PGRE) and raises the price target from $3 to $3.5.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2023 | 3:08 pm

KRC

Wells Fargo analyst Blaine Heck maintains an Overweight rating on Kilroy Realty (NYSE:KRC) and raises the price target from $36 to $39.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2023 | 3:07 pm

ESRT

Wells Fargo analyst Blaine Heck maintains an Underweight rating on Empire State Realty Trust (NYSE:ESRT) and raises the price target from $6 to $7.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2023 | 3:06 pm

OFC

Wells Fargo analyst Blaine Heck maintains an Overweight rating on Corporate Office Props Tr (NYSE:OFC) and raises the price target from $29 to $31.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2023 | 3:05 pm

TSX:ATD

Wells Fargo analyst Anthony Bonadio has maintained an Overweight rating on Alimentation Couche-Tard and raised the price target from C$75 to C$78.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2023 | 3:00 pm

GOOGL

B of A Securities analyst Justin Post maintains a Buy rating on Alphabet (NASDAQ:GOOGL) and raises the price target from $142 to $146.

Portfolio Pulse from richadhand@benzinga.com

August 30, 2023 | 2:57 pm

LEN

Goldman Sachs analyst Susan Maklari maintains a Buy rating on Lennar (NYSE:LEN) and raises the price target from $141 to $142.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2023 | 2:56 pm

AL

B of A Securities analyst Kristine Liwag maintains a Buy rating on Air Lease (NYSE:AL) but lowers the price target from $65 to $60.

Portfolio Pulse from richadhand@benzinga.com

August 30, 2023 | 2:55 pm

AMBA

Wells Fargo analyst Gary Mobley has maintained an Overweight rating on Ambarella (NASDAQ:AMBA), but lowered the price target from $90 to $85.

Portfolio Pulse from richadhand@benzinga.com

August 30, 2023 | 2:55 pm