Streetbeat News

Price Targets

EA

Credit Suisse analyst Stephen Ju has maintained an Outperform rating on Electronic Arts Inc (NASDAQ:EA) and raised the price target from $142 to $161. Ju anticipates a value creation cycle for EA with upcoming game releases and rising EPS. He expects EPS to rise from ~$7 for FY24 to over $12 by FY29. In the near term, 1QFY24 will likely be driven primarily by Star Wars Jedi: Survivor.

Portfolio Pulse from Anusuya Lahiri

July 24, 2023 | 5:46 pm

WMS

KeyBanc Capital Market analyst Jeff Hammond initiated coverage on Advanced Drainage Systems Inc (NYSE:WMS) with an Overweight rating and a price target of $150. Hammond sees WMS as a highly attractive pure-play water management business that consistently delivers above-market returns. He expects the company to deliver +200-300 bps of market outgrowth in the long-term. For FY24, Advanced Drainage expects net sales of $2.60 billion-$2.80 billion and adjusted EBITDA of $725 million- $825 million. KeyBanc thinks WMS has the most attractive ESG story among the stocks in its coverage.

Portfolio Pulse from Lekha Gupta

July 24, 2023 | 5:41 pm

PKANF

Clarus Securities analyst Noel Atkinson has maintained a Speculative Buy rating on Simply Better Brands (OTC:PKANF) and raised the price target from C$1 to C$1.25.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 5:05 pm

TFII

CIBC analyst Kevin Chiang maintains an 'Outperformer' rating on TFI International (NYSE:TFII) and raises the price target from $123 to $139.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 5:03 pm

AMWD

Loop Capital has maintained its Hold rating for American Woodmark (NASDAQ:AMWD) and increased its price target from $64.00 to $79.00. American Woodmark's shares are currently trading up 2.82% at $76.20 per share. A move to $79.00 would represent a 3.67% increase from the current share price.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 5:01 pm

FANG

Stifel has maintained its Buy rating for Diamondback Energy (NASDAQ:FANG) and increased its price target from $176.00 to $178.00. Diamondback Energy's shares are currently trading up 2.38% at $144.60 per share. A move to $178.00 would represent a 23.1% increase from the current share price.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 5:01 pm

KOD

Jefferies analyst Michael Yee has downgraded Kodiak Sciences (NASDAQ:KOD) from Buy to Hold and set a price target of $3.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 5:01 pm

ROP

Oppenheimer has maintained its Outperform rating for Roper Techs (NASDAQ:ROP) and increased its price target from $535.00 to $560.00. This would represent a 13.08% increase from the current share price. Roper Techs is a diversified technology company that has shifted a majority of its business into technology software in mature, niche markets.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 5:00 pm

PBLA

HC Wainwright & Co. analyst Joseph Pantginis has reiterated a 'Buy' rating on Panbela Therapeutics (NASDAQ:PBLA) and maintained a price target of $16.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 4:55 pm

LCTX

HC Wainwright & Co. analyst Joseph Pantginis has reiterated a 'Buy' rating on Lineage Cell Therapeutics (AMEX:LCTX) and maintained a $7 price target.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 4:54 pm