Streetbeat News

Price Targets

TRP

Scotiabank analyst Robert Hope maintains an Outperform rating on TC Energy (NYSE:TRP) but lowers the price target from $66 to $64.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 4:40 pm

BIIB

Stifel analyst Paul Matteis maintains a Buy rating on Biogen (NASDAQ:BIIB) but lowers the price target from $324 to $320.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 4:36 pm

FOUR

Mizuho Securities analyst Dan Dolev has initiated coverage on Shift4 Payments Inc (NYSE:FOUR) with a 'Buy' rating and a price target of $80. Dolev sees a potential for $150 billion in gateway-only volumes to be converted into end-to-end volumes at little additional cost, which could result in 4x better economics and an incremental gross profit contribution of 25-30bps. However, he assumes only 40% of this will be realized by 2025, driving an estimated incremental gross profit of $150-200 million. Dolev expects FOUR's revenue to reach $952 million in 2023 and $1.21 billion in 2024.

Portfolio Pulse from Lekha Gupta

July 25, 2023 | 4:35 pm

WASH

Piper Sandler analyst Mark Fitzgibbon has downgraded Washington Trust Bancorp (NASDAQ:WASH) from Neutral to Underweight and set a price target of $26.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 4:33 pm

FFIV

Piper Sandler analyst James Fish maintains a Neutral rating on F5 (NASDAQ:FFIV) and raises the price target from $143 to $163.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 4:30 pm

APLD

Needham has maintained a Buy rating on Applied Digital's stock and raised its price target from $16 to $17.5, leading to a rise in the company's shares.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 4:29 pm

CSX

Argus Research analyst John Eade maintains a 'Buy' rating on CSX (NASDAQ:CSX) and raises the price target from $35 to $37.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 4:26 pm

TRU

Needham analyst Kyle Peterson has maintained a 'Buy' rating on TransUnion (NYSE:TRU) and raised the price target from $84 to $92.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 4:26 pm

SSD

DA Davidson analyst Kurt Yinger maintains a Neutral rating on Simpson Manufacturing Co (NYSE:SSD) and raises the price target from $135 to $175.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 4:23 pm

TRV

Jefferies analyst Yaron Kinar has maintained a 'Hold' rating on Travelers Companies (NYSE:TRV) and lowered the price target from $183 to $180.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 4:22 pm