Streetbeat News

Price Targets

SWI

Morgan Stanley analyst Sanjit Singh has maintained an Equal-Weight rating on SolarWinds (NYSE:SWI) and raised the price target from $11 to $12.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 7:24 pm

SGHT

Morgan Stanley analyst Cecilia Furlong has maintained an Overweight rating on Sight Sciences (NASDAQ:SGHT) but lowered the price target from $15 to $12.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 7:23 pm

FOUR

Morgan Stanley analyst James Faucette maintains an Underweight rating on Shift4 Payments (NYSE:FOUR) and raises the price target from $50 to $52.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 7:20 pm

NET

Mizuho analyst Michael Romanelli has reiterated a Neutral rating on Cloudflare, Inc. (NYSE:NET), raising the price target to $70 from $65. This follows Cloudflare's Q2 results, which saw a 32% YoY increase in revenue to $308.5 million, surpassing the Street's 30% forecast. The analyst believes Cloudflare can disrupt foundational security and networking areas and praises the company's strong positioning in Generative AI. The analyst raised FY23 revenue estimates to $1.287 billion from $1.283 billion and FY23 EPS to $0.37 from $0.35.

Portfolio Pulse from Nabaparna Bhattacharya

August 04, 2023 | 7:20 pm

SHAK

Morgan Stanley analyst Brian Harbour has maintained an Equal-Weight rating on Shake Shack (NYSE:SHAK) and raised the price target from $68 to $70.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 7:19 pm

SDGR

Morgan Stanley analyst Vikram Malhorta has reiterated an Equal-Weight rating on Schrodinger (NASDAQ:SDGR) and maintained a $52 price target.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 7:18 pm

VALE

Benzinga's options scanner detected over 12 options trades for Vale (NYSE:VALE) totaling $1,491,835. Whales have been targeting a price range from $12.0 to $17.0 for Vale over the last 3 months. The price of VALE is up 0.54% at $13.88. Wolfe Research upgraded its action to Outperform with a price target of $17, while RBC Capital downgraded its action to Outperform with a price target of $15.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 7:16 pm

SNDR

Morgan Stanley analyst Ravi Shanker has reiterated an Overweight rating on Schneider National (NYSE:SNDR) and maintained a $36 price target.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 7:14 pm

SABR

Morgan Stanley analyst Josh Baer has maintained an Equal-Weight rating on Sabre (NASDAQ:SABR) and kept the price target at $5.5.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 7:14 pm

RCL

Morgan Stanley analyst Jamie Rollo has maintained an Equal-Weight rating on Royal Caribbean Gr (NYSE:RCL) and raised the price target from $70 to $100.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 7:11 pm