Streetbeat News

Price Targets

HUBG

UBS analyst Thomas Wadewitz maintains a Neutral rating on Hub Group (NASDAQ:HUBG) and lowers the price target from $97 to $90.

Portfolio Pulse from richadhand@benzinga.com

July 13, 2023 | 2:18 pm

HOG

UBS analyst Robin Farley has maintained a Neutral rating on Harley-Davidson (NYSE:HOG) and lowered the price target from $49 to $40.

Portfolio Pulse from richadhand@benzinga.com

July 13, 2023 | 2:17 pm

DISH

B of A Securities analyst David Barden has maintained an 'Underperform' rating on DISH Network and lowered the price target from $10 to $6.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 2:17 pm

TNET

TD Cowen analyst Jared Levine maintains a Market Perform rating on Trinet Group (NYSE:TNET) and lowers the price target from $96 to $95.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 2:15 pm

GOOG

TD Cowen analyst John Blackledge maintains an Outperform rating on Alphabet (NASDAQ:GOOG) and raises the price target from $130 to $140.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 2:13 pm

CHK

Wells Fargo analyst Roger Read has maintained an Equal-Weight rating on Chesapeake Energy (NASDAQ:CHK) and raised the price target from $83 to $85.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 2:10 pm

ADBE

AMZN

CG

GOOG

HYMTF

JD

MDT

META

PEP

SONY

TSLA

VSAT

XOM

Several companies have made significant announcements. Meta Platforms is preparing to launch a commercial version of its AI model, competing with Microsoft and Alphabet. Viasat shares dropped after an unexpected event during satellite deployment. The UK's CMA is investigating Adobe's $20B acquisition of Figma. PepsiCo reported better than expected Q2 earnings. Exxon Mobil is acquiring Denbury for $4.9B. Hyundai's Kia is investing $200M in a Georgia facility. Medtronic is facing a whistleblower lawsuit alleging a bribery scheme. The FDA is reviewing an energy drink founded by YouTube stars. Google is launching its AI chatbot, Bard, in Europe and Brazil. The NLRB filed a complaint against Amazon. Tesla plans to sell a $1,670 electric quad bike for children in China. JD.com is developing AI applications. Carlyle Group and Trustar Capital plan to exit part of their stakes in McDonald's China. Sony is ramping up R&D spending in its game business.

Portfolio Pulse from Vandana Singh

July 13, 2023 | 2:10 pm

SHOP

A significant bullish stance on Shopify (NYSE:SHOP) has been observed through unusual options activity. The sentiment among these big-money traders is split between 60% bullish and 40% bearish. The price target for Shopify over the last 3 months, based on Volume and Open Interest, ranges from $60.0 to $80.0. Currently, the price of SHOP is up 5.17% at $69.35. JMP Securities has downgraded its action to Market Outperform with a price target of $70.

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 2:08 pm

PANW

Palo Alto Networks' shares are trading higher following JMP Securities' decision to maintain an Outperform rating on the stock and increase its price target from $255 to $300.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 2:07 pm

SNOW

Scotiabank has upgraded Snowflake's stock from Sector Perform to Outperform and set a new price target of $213. This has resulted in Snowflake shares trading higher.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 2:06 pm