Streetbeat News

Price Targets

CRBU

Truist Securities has initiated coverage on Caribou Biosciences (NASDAQ:CRBU) with a Buy rating and a price target of $23.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 6:17 pm

FMC

FMC Corp (NYSE:FMC) has seen several analysts cut their price targets for the company following a reduction in Q2 and 2023 guidance. The company has lowered its Q2 revenue expectations to $1.00 billion-$1.03 billion and adjusted EBITDA to $185 million-$190 million. 2023 revenue guidance has also been cut to $5.20 billion-$5.40 billion and adjusted EBITDA to $1.30 billion-$1.40 billion. Analysts from Mizuho Securities, Loop Capital, Morgan Stanley, Keybanc Capital Markets, RBC Capital Markets, BMO Capital Markets, and Credit Suisse have all lowered their price targets for FMC.

Portfolio Pulse from Lekha Gupta

July 11, 2023 | 6:08 pm

VALE

Vale's stock has been upgraded from Peer Perform to Outperform by Wolfe Research, which also set a price target of $17.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 6:01 pm

BX

Blackstone's stock is trading higher following Wells Fargo's decision to maintain an Overweight rating on the stock and increase its price target from $101 to $104.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 5:54 pm

PCOR

Procore Technologies' stock has been upgraded from Sector Perform to Sector Outperform by Scotiabank, which also announced an $81 price target for the stock.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 5:12 pm

SLRX

Zacks Small-Cap Research has set a price target of $6.75 for Salarius Pharmaceuticals. This could potentially influence the stock's performance in the short term.

Portfolio Pulse from Happy Mohamed

July 11, 2023 | 5:07 pm

NSC

Wells Fargo has maintained its Overweight rating for Norfolk Southern (NYSE:NSC) and increased its price target from $250.00 to $260.00. This new target represents a 12.85% increase from the current share price. Norfolk Southern's shares have risen by 0.64% over the last 24 hours.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 5:01 pm

MRVL

Keybanc has maintained its Overweight rating for Marvell Tech (NASDAQ:MRVL) and increased its price target from $70.00 to $80.00. This new target price represents a potential increase of 31.21% from the current share price. Marvell Tech's shares have risen by 1.13% over the last 24 hours.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 5:01 pm

SLM

Compass Point has maintained its Buy rating for SLM Corp (NASDAQ:SLM) and increased its price target from $18.00 to $19.00. SLM Corp is the largest student lender in the US, operating through both federal and private channels. The new price target represents a 15.78% increase from the current share price.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 5:01 pm

UNM

Barclays has maintained its Equal-Weight rating for Unum Group (NYSE:UNM) and raised its price target from $46.00 to $52.00. This would represent a 7.26% increase from the current share price. Unum Group is a leading provider of group and individual income protection insurance products.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 5:00 pm