Streetbeat News

Price Targets

PG

Deutsche Bank analyst Steve Powers maintains a Buy rating on Procter & Gamble (NYSE:PG) and raises the price target from $170 to $173.

Portfolio Pulse from jenniferd'souza@benzinga.com

July 31, 2023 | 10:00 am

GPI

JP Morgan analyst Rajat Gupta maintains an Overweight rating on Group 1 Automotive (NYSE:GPI) and raises the price target from $275 to $280.

Portfolio Pulse from jenniferd'souza@benzinga.com

July 31, 2023 | 9:58 am

SAH

JP Morgan analyst Rajat Gupta maintains a Neutral rating on Sonic Automotive (NYSE:SAH) and lowers the price target from $55 to $50.

Portfolio Pulse from jenniferd'souza@benzinga.com

July 31, 2023 | 9:56 am

AMZN

INTC

PG

TSLA

The S&P 500 and Dow Jones closed higher on Friday, with the S&P adding 1.01% and the Dow climbing 0.66% for the week. The PCE price index rose 0.2% in June, and the Fed raised its benchmark overnight interest rate by 25 basis points. Intel Corporation and The Procter & Gamble Company saw gains after reporting better-than-expected results and strong guidance. The Nasdaq 100 rose 1.85% amid gains in shares of Amazon.com, Inc. and Tesla Inc. The CBOE Volatility Index fell 7.5%.

Portfolio Pulse from Lisa Levin

July 31, 2023 | 9:54 am

AAPL

Piper Sandler analyst Harsh Kumar maintains an Overweight rating on Apple (NASDAQ:AAPL) and raises the price target from $180 to $220.

Portfolio Pulse from jenniferd'souza@benzinga.com

July 31, 2023 | 9:53 am

LUV

Bernstein analyst David Vernon has downgraded Southwest Airlines (NYSE:LUV) from Outperform to Market Perform and lowered the price target from $41 to $32.

Portfolio Pulse from richadhand@benzinga.com

July 31, 2023 | 9:35 am

W

Piper Sandler analyst Peter Keith has upgraded Wayfair (NYSE:W) from Neutral to Overweight and raised the price target from $35 to $97.

Portfolio Pulse from richadhand@benzinga.com

July 31, 2023 | 9:34 am

PAG

JP Morgan analyst Rajat Gupta has downgraded Penske Automotive Group (NYSE:PAG) from Neutral to Underweight and lowered the price target from $150 to $140.

Portfolio Pulse from richadhand@benzinga.com

July 31, 2023 | 9:29 am

CSX

RBC Capital analyst Walter Spracklin has downgraded CSX (NASDAQ:CSX) from Outperform to Sector Perform and set a price target of $35.

Portfolio Pulse from richadhand@benzinga.com

July 31, 2023 | 9:28 am

RETA

Jefferies analyst Maury Raycroft has downgraded Reata Pharmaceuticals from Buy to Hold, while raising the price target from $104 to $172.5.

Portfolio Pulse from richadhand@benzinga.com

July 31, 2023 | 9:25 am