Streetbeat News

Price Targets

ONON

Telsey Advisory Group analyst Joseph Feldman has reiterated an 'Outperform' rating on On Holding (NYSE:ONON) and maintained a $40 price target.

Portfolio Pulse from richadhand@benzinga.com

August 16, 2023 | 8:17 am

RSKD

Piper Sandler analyst Brent Bracelin has maintained an Overweight rating on Riskified (NYSE:RSKD) but lowered the price target from $8 to $7.

Portfolio Pulse from richadhand@benzinga.com

August 16, 2023 | 8:05 am

RCM

Cantor Fitzgerald Research analyst Sarah James initiated coverage on R1 RCM Inc. with an Overweight rating and a price target of $20. The analyst is upbeat about R1's client base and sees potential for growth through cross-selling Cloudmed and R1. The company's target market of externally sourced RCM is expected to outpace the overall market growth. For FY23 and FY24, the analyst projects revenues of $2.266 billion and $2.712 billion respectively.

Portfolio Pulse from Nabaparna Bhattacharya

August 15, 2023 | 7:25 pm

TSX:BLX

BMO Capital Markets has revised its price target for Boralex from C$45 to C$43.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 6:43 pm

HXL

RBC Capital Markets analyst Ken Herbert has upgraded Hexcel Corp (HXL) to Outperform from Sector Perform and increased the price target to $85 from $75. Herbert expects aerospace growth to accelerate in 2024-2025 and sees HXL as well positioned to deliver better-than-expected margins and FCF upside. He estimates 2025 FCF to be $320 million, ahead of consensus, and expects operating margins to hit 17% in 2025 with sales of $2.3 billion. The analyst also raised the adjusted EPS estimate for FY24 and FY25.

Portfolio Pulse from Lekha Gupta

August 15, 2023 | 6:22 pm

ODD

KeyBanc Capital Market analyst Scott Schoenhaus initiated coverage on ODDITY Tech Ltd (NASDAQ:ODD) with an Overweight rating and a price target of $60. The analyst sees ODD in the early stages of its growth story, with near-term tailwinds from its ongoing disruption of beauty and wellness end markets and longer-term growth opportunities from its differentiated technology. The company's shares are currently trading lower by 4.73% at $44.16.

Portfolio Pulse from Lekha Gupta

August 15, 2023 | 6:19 pm

URBN

Telsey Advisory Group analyst Dana Telsey has reiterated an Outperform rating on Urban Outfitters, Inc (NASDAQ:URBN), raising the price target to $41 from $35. The analyst expects a sales surge, margin upswing, and healthy inventory position for URBN in 2Q23. The company plans to open a new highly automated omni-fulfillment facility in Kansas City, Kansas, during the back half of FY24 and a new rental fulfillment facility in Missouri by the end of FY24.

Portfolio Pulse from Nabaparna Bhattacharya

August 15, 2023 | 6:07 pm

BILL

BILL Holdings (NYSE:BILL) has received a mix of bullish and indifferent analyst ratings over the last quarter, with no bearish ratings. The company's average price target has increased by 27.54% over the past month, currently standing at $142.71, with a high of $200.00 and a low of $105.00.

Portfolio Pulse from Benzinga Insights

August 15, 2023 | 6:00 pm

DMS

Digital Media Solutions reported worse-than-expected Q2 financial results and issued Q3 net revenue guidance below estimates. Canaccord Genuity also lowered the price target from $2 to $1.5 on the stock.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 5:28 pm

WULF

Over the last quarter, TeraWulf (NASDAQ:WULF) has received 4 bullish analyst ratings, with an average 12-month price target of $4.31, a high of $5.00, and a low of $4.00. This average price target has increased by 43.67% over the past month.

Portfolio Pulse from Benzinga Insights

August 15, 2023 | 5:00 pm