Streetbeat News

Price Targets

CZOO

Goldman Sachs has maintained a Neutral rating on Cazoo Group's stock and lowered its price target from $3.2 to $2.74. This has led to a decrease in the trading price of Cazoo Group shares.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:01 pm

PRTS

CarParts.com reported Q2 financial results, which led to a decrease in its share price. RBC Capital maintained an Outperform rating on the stock but lowered its price target from $9 to $7.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:01 pm

PEN

Canaccord Genuity analyst William Plovanic has maintained a 'Buy' rating on Penumbra (NYSE:PEN) but lowered the price target from $351 to $322.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:01 pm

SBUX

Stifel analyst Chris O'Cull maintains a Hold rating on Starbucks (NASDAQ:SBUX) and lowers the price target from $117 to $110.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:00 pm

GO

Telsey Advisory Group analyst Joseph Feldman reiterated an Outperform rating on Grocery Outlet Holding Corp. (NASDAQ:GO), raising the price target to $40 from $34. The analyst expects Grocery Outlet to benefit from its defensive product mix, value-focused offering, and multi-year store growth. The company is also expected to gain from strategic initiatives, including new store openings, improvement in the product assortment, and partnerships to provide an online offering.

Portfolio Pulse from Nabaparna Bhattacharya

August 04, 2023 | 12:00 pm

ROVR

Canaccord Genuity analyst Maria Ripps maintains a Buy rating on Rover Group (NASDAQ:ROVR) and raises the price target from $7 to $8.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:00 pm

CVLT

Lake Street analyst Eric Martinuzzi maintains a 'Hold' rating on CommVault Systems (NASDAQ:CVLT) and raises the price target from $62 to $72.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:00 pm

RVTY

In the last quarter, Revvity (NYSE:RVTY) received two somewhat bullish and two indifferent analyst ratings. The average 12-month price target for the company, according to four analysts, is $138.0, with a high of $147.00 and a low of $130.00. This average price target has increased by 0.97% over the past month.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 11:59 am

TAP

JP Morgan analyst Andrea Teixeira has maintained a Neutral rating on Molson Coors Beverage (NYSE:TAP) and lowered the price target from $72 to $69.

Portfolio Pulse from richadhand@benzinga.com

August 04, 2023 | 11:53 am

ULCC

JP Morgan analyst Jamie Baker has maintained a Neutral rating on Frontier Group Holdings (NASDAQ:ULCC) and lowered the price target from $12 to $10.

Portfolio Pulse from richadhand@benzinga.com

August 04, 2023 | 11:52 am