Streetbeat News

Price Targets

EXTR

Oppenheimer analyst Timothy Horan initiated coverage on Extreme Networks, Inc. (EXTR) with a price target of $35, citing attractive valuation and strong growth potential. Horan believes EXTR is well-positioned as an enterprise Edge Cloud and AI beneficiary and expects solid annual top-line revenue growth in the mid-to-high teens over the next several years. However, he also warns of potential supply chain issues, particularly prolonged semiconductor chip shortages.

Portfolio Pulse from Nabaparna Bhattacharya

June 28, 2023 | 6:48 pm

FMCXF

Scotiabank analyst Eric Winmill has maintained an Outperform rating on Foran Mining (OTC:FMCXF) but lowered the price target from C$4.25 to C$4.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2023 | 6:44 pm

FQVLF

Scotiabank analyst Orest Wowkodaw has maintained an Outperform rating on First Quantum Minerals (OTC:FQVLF) but lowered the price target from C$41 to C$40.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2023 | 6:42 pm

CCJ

Scotiabank has maintained its Outperform rating on Cameco (NYSE:CCJ) but lowered the price target from C$50 to C$49.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2023 | 6:37 pm

TGB

Scotiabank analyst Orest Wowkodaw has maintained a 'Sector Perform' rating on Taseko Mines (AMEX:TGB), but lowered the price target from $2.5 to $2.4.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2023 | 6:35 pm

AZMCF

Scotiabank analyst Eric Winmill has maintained an Outperform rating on Arizona Metals (OTC:AZMCF) but lowered the price target from C$8 to C$6.75.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2023 | 6:35 pm

ATUSF

Scotiabank analyst Orest Wowkodaw has maintained a 'Sector Perform' rating on Altius Minerals (OTC:ATUSF) and raised the price target from C$21 to C$22.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2023 | 6:30 pm

DAL

Susquehanna and Morgan Stanley analysts have reiterated positive ratings on Delta Air Lines, Inc. (NYSE:DAL), raising the price target to $54 and $70 respectively. The airline recently revised its FY23 outlook and reiterated its FY24 targets. Potential upside catalysts include the widespread distribution of the CV-19 vaccines, easing of travel restrictions, solid booking trends, and a decline in fuel prices. The analysts believe that if 2023 EPS comes in comfortably above the 2024 target of $7, it puts DAL firmly on the path to achieving $10 EPS.

Portfolio Pulse from Nabaparna Bhattacharya

June 28, 2023 | 6:29 pm

TECK

Scotiabank analyst Orest Wowkodaw has maintained a 'Sector Outperform' rating on Teck Resources (NYSE:TECK), but lowered the price target from C$75 to C$72.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2023 | 6:29 pm

JOBY

Canaccord Genuity analyst Austin Moeller has reiterated a 'Buy' rating on Joby Aviation (NYSE:JOBY) and maintained an $8 price target.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2023 | 6:26 pm