Streetbeat News

Price Targets

GXO

Susquehanna analyst Bascome Majors maintains a Positive rating on GXO Logistics but lowers the price target from $75 to $73.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 12:54 pm

CHRW

Susquehanna analyst Bascome Majors maintains a Neutral rating on C.H. Robinson Worldwide (NASDAQ:CHRW) but raises the price target from $95 to $120.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 12:52 pm

META

Meta Platforms Inc. showcased its AI and AR advancements at the Meta Connect event, highlighting innovations in AI assistants, AR glasses, and affordable mixed-reality headsets. Despite projected losses in Reality Labs, JPMorgan analyst Doug Anmuth raised Meta's price target, citing strong core business and potential market reach.

Portfolio Pulse from Surbhi Jain

September 26, 2024 | 12:50 pm

CRM

Salesforce Inc. (NYSE:CRM) is expected to benefit from AI as a tailwind, with stakeholders frustrated by the dual mandate of cost-cutting and sales growth. The trend towards shorter-term, lower-cost projects is becoming permanent, and Salesforce's Data Cloud is gaining momentum. JPMorgan maintains an 'Overweight' rating with a $310 price target, highlighting Salesforce's focus on generative AI capabilities.

Portfolio Pulse from Surbhi Jain

September 26, 2024 | 12:49 pm

SONO

Morgan Stanley has downgraded Sonos from Overweight to Underweight and reduced its price target from $25 to $11.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 12:46 pm

CROX

CTAS

ECL

FLUT

LSPD

MCD

META

ONON

SBUX

STT

Top Wall Street analysts have updated their price targets and ratings for several major companies, including Starbucks, Meta Platforms, Crocs, McDonald's, Cintas, On Holding, Lightspeed Commerce, Ecolab, Flutter Entertainment, and State Street. Notably, Meta Platforms received a significant price target increase from JMP Securities.

Portfolio Pulse from Avi Kapoor

September 26, 2024 | 12:45 pm

AFL

Evercore ISI Group analyst Thomas Gallagher maintains an Underperform rating on Aflac (NYSE:AFL) but raises the price target from $84 to $90.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 12:40 pm

AMT

REGN

TSM

TT

On CNBC's 'Final Trades', experts discussed Taiwan Semiconductor, Regeneron Pharmaceuticals, American Tower, and Trane Technologies. Taiwan Semiconductor received a $7.5 billion investment approval, Regeneron faced a legal setback, American Tower received a price target increase, and Trane Technologies reported strong earnings.

Portfolio Pulse from Avi Kapoor

September 26, 2024 | 12:32 pm

W

Loop Capital has maintained a Hold rating on Wayfair while raising the price target from $45 to $55, indicating a more optimistic outlook on the company's stock performance.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 12:28 pm

LPLA

Goldman Sachs analyst Alexander Blostein maintains a Buy rating on LPL Financial Holdings (NASDAQ:LPLA) but lowers the price target from $289 to $271.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 12:24 pm