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Stock Prices

AMD

New Street Research analyst Pierre Ferragu upgraded Advanced Micro Devices (AMD) from Neutral to Buy and set a price target of $215.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 10:16 am

IBTX

Raymond James analyst Michael Rose has maintained an Outperform rating on Independent Bank Gr (NASDAQ:IBTX) and increased the price target from $56 to $59.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 10:13 am

BB

DEC

DWAC

DXC

PLUG

SGMT

TXN

Texas Instruments Incorporated (NASDAQ:TXN) reported Q4 earnings of $1.49 per share, slightly above expectations but a 30.05% decrease from the previous year. Sales were $4.08 billion, missing the $4.12 billion estimate. The company forecasts Q1 revenue well below the $4.06 billion estimate, causing shares to drop 3.7% in pre-market trading. Other stocks such as BlackBerry Limited (NYSE:BB), Diversified Energy Company PLC (NYSE:DEC), Digital World Acquisition Corp. (NASDAQ:DWAC), Sagimet Biosciences Inc. (NASDAQ:SGMT), Plug Power Inc. (NASDAQ:PLUG), and DXC Technology Company (NYSE:DXC) also experienced pre-market losses.

Portfolio Pulse from Avi Kapoor

January 24, 2024 | 10:12 am

KARO

Raymond James analyst Brian Peterson has maintained an Outperform rating on Karooooo (NASDAQ:KARO) and increased the price target from $26 to $29.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 10:02 am

TSLA

Tesla, Inc. (TSLA) is anticipated to report a decline in Q4 profit with modest revenue growth. Analysts expect $25.58 billion in revenue and 74 cents in adjusted EPS, compared to last year's $24.32 billion and $1.19 EPS. Fund Manager Gary Black predicts a core auto gross margin of 16.1% and 73 cents adjusted EPS for Q4. Key factors include Q4 auto gross margins excluding regulatory credits and 2024 delivery guidance. Tesla faces demand challenges amid global economic uncertainty, with recent price cuts in China and Europe potentially affecting margins. TSLA stock has declined, trading at $212 in premarket, down from its peak of $414.50 in November 2021.

Portfolio Pulse from Shanthi Rexaline

January 24, 2024 | 9:54 am

NFLX

Keybanc analyst Justin Patterson has maintained an Overweight rating on Netflix (NASDAQ:NFLX) and increased the price target from $545 to $580.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 9:53 am

VZ

Keybanc analyst Brandon Nispel has maintained an Overweight rating on Verizon Communications (NYSE:VZ) and increased the price target from $45 to $46.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 9:40 am

VEEV

Keybanc analyst Scott Schoenhaus has maintained an Overweight rating on Veeva Systems (VEEV) and increased the price target from $210 to $232.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 9:38 am

PSTG

Keybanc analyst Thomas Blakey has maintained an Overweight rating on Pure Storage (NYSE:PSTG) and increased the price target from $43 to $47.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 9:34 am

PRPL

Keybanc analyst Bradley Thomas has maintained an Overweight rating on Purple Innovation (NASDAQ:PRPL) but reduced the price target from $6 to $5. This adjustment reflects a more conservative valuation of the company's future prospects.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 9:30 am