Streetbeat News

Price Targets

TAP

Citigroup analyst Filippo Falorni maintains a Neutral rating on Molson Coors Beverage (NYSE:TAP) and raises the price target from $65 to $72.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 4:55 pm

HBM

CIBC analyst Oscar Cabrera maintains an Outperformer rating on Hudbay Minerals (NYSE:HBM) but lowers the price target from $10 to $9.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 4:53 pm

CJREF

CIBC analyst Scott Fletcher maintains a Neutral rating on Corus Entertainment (OTC:CJREF) and lowers the price target from C$2.25 to C$2.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 4:50 pm

DALXF

BMO Capital analyst Mike Murphy maintains an Outperform rating on Spartan Delta (OTC:DALXF) but lowers the price target from C$18 to C$6.25.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 4:47 pm

BTE

BMO Capital has maintained a Market Perform rating on Baytex Energy (NYSE:BTE) and lowered the price target from C$6 to C$5.5.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 4:44 pm

NPIFF

Scotiabank analyst Justin Strong maintains an Outperform rating on Northland Power (OTC:NPIFF) and lowers the price target from C$42.5 to C$41.5.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 4:40 pm

SRDX

Barrington Research analyst Michael Petusky maintains an Outperform rating on Surmodics (NASDAQ:SRDX) and raises the price target from $60 to $69.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 4:35 pm

CCL

Barclays analyst Brandt Montour maintains an Overweight rating on Carnival (NYSE:CCL) and raises the price target from $13 to $18.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 4:34 pm

ABNB

Airbnb Inc.'s stock price increased by 20.02% over the past month and 32.54% in the past year. The company's P/E ratio of 42.15 is higher than the industry average of 28.17, which may indicate overvaluation or better future performance. Investors should use the P/E ratio along with other financial metrics and qualitative analysis for informed investment decisions.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 4:31 pm

ADBE

Adobe Inc's (NASDAQ: ADBE) stock fell slightly after Q2 results, but BMO Capital Markets analyst Keith Bachman upgraded the company's rating from Market Perform to Outperform and raised the price target from $500 to $570. Bachman believes Adobe is well positioned to capture price/mix and new users through generative artificial intelligence (AI), which can potentially increase prices of existing solutions and help with retention in enterprise.

Portfolio Pulse from Priya Nigam

June 21, 2023 | 4:17 pm