Streetbeat News

Price Targets

CDE

National Bank Financial Inc has initiated coverage on Coeur Mining (NYSE:CDE) with an Outperform rating and a price target of $4.25.

Portfolio Pulse from richadhand@benzinga.com

June 28, 2023 | 8:25 am

HL

National Bank Financial Inc has initiated coverage on Hecla Mining (NYSE:HL) with an Outperform rating and a price target of $7.5.

Portfolio Pulse from richadhand@benzinga.com

June 28, 2023 | 8:23 am

MLCO

B of A Securities analyst Ronald Leung has downgraded Melco Resorts and Enter (NASDAQ:MLCO) from Buy to Neutral and lowered the price target from $16 to $14.

Portfolio Pulse from richadhand@benzinga.com

June 28, 2023 | 8:18 am

LECO

Keybanc analyst Steve Barger has upgraded Lincoln Electric Holdings (NASDAQ:LECO) from Sector Weight to Overweight and announced a price target of $232.

Portfolio Pulse from richadhand@benzinga.com

June 28, 2023 | 8:13 am

SNOW

Piper Sandler analyst Brent Bracelin maintains an Overweight rating on Snowflake (NYSE:SNOW) and raises the price target from $194 to $210.

Portfolio Pulse from richadhand@benzinga.com

June 28, 2023 | 8:10 am

ABNB

A significant amount of unusual options activity has been observed for Airbnb (NASDAQ:ABNB), indicating a bullish stance by a large investor or institution. The sentiment among these big-money traders is split, with 52% bullish and 47% bearish. The targeted price range for Airbnb over the last three months has been $80.0 to $150.0. The current price of ABNB is up 3.87% at $127.89. Several experts have downgraded their ratings on Airbnb, with price targets ranging from $99 to $150.

Portfolio Pulse from Benzinga Insights

June 27, 2023 | 8:31 pm

GILT

Needham analyst Ryan Koontz initiates coverage on Gilat Satellite Networks Ltd (NASDAQ:GILT) with a Buy rating and a price target of $7. He anticipates rising profitability and FCF in the company's Peru business and believes GILT can take advantage of rapidly expanding opportunities in the multi-orbit satellite sector. The company's Peru terrestrial network is nearing completion, and he expects a near-term upturn in its profits and FCF. GILT shares traded higher by 6.27% at $6.10 on the last check Tuesday.

Portfolio Pulse from Anusuya Lahiri

June 27, 2023 | 8:00 pm

META

Citigroup analyst Ronald Josey has maintained a 'Buy' rating for Meta Platforms Inc (NASDAQ:META) and raised the price target from $315 to $360. This is due to Reels ad loads reaching 17% QTD, and the broader online advertising market showing stability. Josey projects a 14% Y/Y advertising revenue growth for Meta in 2024.

Portfolio Pulse from Anusuya Lahiri

June 27, 2023 | 7:56 pm

META

Citigroup has raised its price target on Meta's stock from $315 to $360, leading to a rise in Meta's share prices.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 7:27 pm

RRR

In the last quarter, Red Rock Resorts (NASDAQ:RRR) received 1 bullish, 5 somewhat bullish, and 2 indifferent ratings from analysts. The company's average 12-month price target is $52.62, with a high of $56.00 and a low of $50.00. The average price target has increased by 1.19% over the past month.

Portfolio Pulse from Benzinga Insights

June 27, 2023 | 7:00 pm