Streetbeat News

Price Targets

CTRA

Analysts have provided various ratings for Coterra Energy (NYSE:CTRA) within the last quarter, with 3 bullish, 1 somewhat bullish, and 6 indifferent. The average 12-month price target for Coterra Energy, according to 10 analysts, is $30.8, an increase of 2.67% from the previous average price target of $30.00.

Portfolio Pulse from Benzinga Insights

June 27, 2023 | 7:00 pm

SPOT

Truist Securities analyst Matthew Thornton has reiterated a Buy rating on Spotify Technology SA (NYSE:SPOT), raising the price target to $170 from $154. The company is expected to post its Q2 2023 financial results on July 25, 2023. The analyst expects 530 million monthly active users for the quarter, up from 515 million in Q1 2023. The analyst also expects FX to be a modest tailwind to revenue due to the weakness of the EUR versus other currencies. The analyst views 2Q-3Q expectations as very reasonable and sees the risk as being to the upside.

Portfolio Pulse from Nabaparna Bhattacharya

June 27, 2023 | 6:58 pm

XPOF

Raymond James analyst Joseph Altobello has maintained a Strong Buy rating on Xponential Fitness (NYSE:XPOF) and kept the price target at $40.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 6:42 pm

BIIB

Biogen Inc.'s (NASDAQ:BIIB) share price is currently at $281.65, after a 0.03% increase. Over the past month, the stock fell by 5.68%, but in the past year, it spiked by 37.28%. The company's P/E ratio of 13.11 is lower than the Biotechnology industry average of 50.2, which could indicate that the stock is undervalued or that it might perform worse than its industry peers.

Portfolio Pulse from Benzinga Insights

June 27, 2023 | 6:02 pm

EQIX

Truist Securities analyst Anthony Hau has downgraded Equinix, Inc. (NASDAQ:EQIX) from Buy to Hold, and lowered the price target to $815 from $870. The analyst anticipates a deceleration in adjusted funds from operations (AFFO) earnings growth in 2024 due to various factors. There is potential for EQIX to grow into its valuation multiple, but the analyst believes there is a greater downside risk to the valuation.

Portfolio Pulse from Nabaparna Bhattacharya

June 27, 2023 | 5:56 pm

MAR

Marriott International's stock is trading higher following Morgan Stanley's decision to maintain an Overweight rating on the stock and increase its price target from $201 to $208.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 4:57 pm

BDTX

Stifel analyst Bradley Canino has reiterated a 'Hold' rating on Black Diamond Therapeutic (NASDAQ:BDTX) and maintained a price target of $2.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 4:51 pm

BIDU

Baidu Inc.'s shares are trading at $143.46, after a 2.77% increase. Over the past month, the stock went up by 16.05%, but fell by 5.20% in the past year. Baidu's P/E ratio is lower than the aggregate P/E of 58.15 of the Interactive Media & Services industry, which could indicate that the stock is undervalued. However, the P/E ratio should not be used in isolation, as other factors can also impact a company's stock price.

Portfolio Pulse from Benzinga Insights

June 27, 2023 | 4:47 pm

DNN

Raymond James has maintained its Outperform rating on Denison Mines (AMEX:DNN) but lowered the price target from C$2.5 to C$2.4.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 4:45 pm

BYDGF

Raymond James analyst Steven Hansen has maintained a Strong Buy rating on Boyd Group Services (OTC:BYDGF) and raised the price target from C$275 to C$285.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 4:43 pm