Streetbeat News

Price Targets

ALB

A large bearish position on Albemarle (NYSE:ALB) has been spotted, with 71% of big-money traders being bearish. Whales have been targeting a price range of $135 to $230 for Albemarle over the last 3 months. Citigroup downgraded its action to Buy with a price target of $260.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 8:32 pm

SOUN

Cantor Fitzgerald has raised its price target for SoundHound AI (SOUN) from $2.80 to $6.20.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 8:11 pm

UBER

Unusual options activity has been detected for Uber Technologies (NYSE:UBER), with 27 strange trades observed. 40% of investors opened trades with bullish expectations, while 59% were bearish. Whales have targeted a price range of $22.5 to $60.0 for Uber over the last 3 months. The stock is currently up 1.16% at $42.66.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 7:34 pm

CMG

Wedbush analyst Nick Setyan reiterated an Outperform rating on Chipotle Mexican Grill Inc (NYSE:CMG) and raised the price target from $2,200 to $2,300. He expects Q2 same-store-sales growth to be in-line or slightly above the 7.4% consensus, driven by menu innovation, loyalty/digital, throughput, and marketing spend growth. Stable labor costs and a stable-to-down delivery mix outlook are also expected to contribute to the upside.

Portfolio Pulse from Shivani Kumaresan

June 21, 2023 | 7:12 pm

UBER

Oppenheimer analyst Jason Helfstein reiterated an Outperform rating on Uber Technologies, raising the price target to $65 from $55. He cites higher peer valuations, consumer tailwinds, and Uber's exposure to strong consumer categories as reasons for the bullish outlook. Helfstein also expects Uber to benefit from potential S&P 500 inclusion and expansion into new markets.

Portfolio Pulse from Nabaparna Bhattacharya

June 21, 2023 | 7:11 pm

XEL

In the last 3 months, 10 analysts have provided 12-month price targets for Xcel Energy (NASDAQ:XEL), with an average price target of $70.6, down 1.94% from the previous average of $72. The company has received 3 bullish, 3 somewhat bullish, and 4 indifferent ratings.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 7:01 pm

NUE

In the last 3 months, 4 analysts have provided 12-month price targets for Nucor (NYSE:NUE), with an average price target of $139.75. The average price target has increased by 5.87% over the past month.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 7:01 pm

PZZA

In the last 3 months, 5 analysts have offered 12-month price targets for Papa John's International (NASDAQ:PZZA), with an average price target of $94.6. The average price target has increased by 2.83% over the past month.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 7:01 pm

SLP

Oppenheimer analyst Francois Brisebois reiterated an Outperform rating on Simulations Plus (SLP) and raised the price target to $67 from $65, following the acquisition of Immunetrics. The acquisition is expected to strengthen SLP's quantitative systems pharmacology offering and provide immediate synergy and accretion.

Portfolio Pulse from Nabaparna Bhattacharya

June 21, 2023 | 6:56 pm

CALM

Stephens & Co analyst Ben Bienvenu reiterated an Equal Weight rating on Cal-Maine Foods Inc (NASDAQ:CALM) and lowered the price target from $60 to $50. The analyst has lowered Q4 adjusted EPS estimate to $2.12 from $2.85, FY23 adjusted EPS to $15.32 from $16.05, and FY24 adjusted EPS estimate to $4.20 from $4.88 due to lower egg prices and higher feed costs.

Portfolio Pulse from Shivani Kumaresan

June 21, 2023 | 6:31 pm