Tag: stock

Evercore ISI Sees 51 Percent Upside in This Software Technology Company

Evercore ISI analyst Kirk Materne upgraded Qualtrics International Inc. to Outperform from In-Line with a $40 price target, suggesting an upside of 51.63 percent. The recent pullback in the shares creates a more attractive risk/reward when taking a 6-12 month view, Materne notes. The analyst believes Qualtrics is well-positioned to benefit from a “strong demand environment as customers…


Read Why MoffettNathanson Slashed Walt Disney Price Target by 6 Percent

MoffettNathanson analyst Michael Nathanson lowered the price target on Walt Disney Co. to $165 from $175 and reiterated a Neutral rating on the shares. The price target implies an upside of 8 percent. Nathanson’s FY22 free cash flow estimate of $1.9 billion after the Shanghai adjustment is “a significant decrease” of over 60 percent from his prior estimate of…


Here’s How JP Morgan Views Meta, Amazon, Apple

JPMorgan just shared its view on some significant tech stocks. JPMorgan analyst Doug Anmuth lowered the price target on Meta Platforms Inc. to $385 from $390 (16 percent upside to January 14 closing price) and reiterated an Overweight rating on the shares. The company’s revenue growth will decelerate in 2022 against tough compares, but Meta is making solid progress…


This Storage Unit Stock Has a Better 1-Year Return Than Microsoft, Apple, Starbucks and Moderna

Public Storage helps organize and store your belongings, and over the past year delivered astonishing returns. Since January 2021, Public Storage stock’s one-year return has outperformed several of the world’s most popular tech and growth stocks: Microsoft Corporation, Apple Inc., Wells Fargo & Co. and Moderna Inc.. Public Storage is a Glendale, California-headquartered REIT that primarily acquires, develops, owns and…


Morgan Stanley Bumps Up Alphabet Price by 7.2%

Morgan Stanley analyst Brian Nowak raised the price target on Alphabet Inc. shares to $3,430 from $3,200 and reiterated an Overweight rating on the shares. The price target implies an upside of 25.8 percent. Nowak updated his models and rolled forward valuations among his Internet sector coverage. Heading into 2022, Nowak said he remains positive on Uber Technologies Inc., Meta Platforms…


Here’s Why Citi Bumped Up Price Target of This Top Chipmaker by 12%

Citi analyst Christopher Danely raised the firm’s price target on Intel Corp. to $58 from $52 and reiterated a Neutral rating on the shares. The price target implies an upside of 4.1 percent. The analyst’s channel checks indicate the recent surge in enterprise demand and notebook orders will drive upside to Intel’s Q4 and Q1 consensus estimates. He raised…


Read Why Deutsche Bank Remains Bullish on Apple; Bumps Up Price Target by 14%

Deutsche Bank analyst Sidney Ho raised the firm’s price target on Apple Inc. to $200 from $175 and reiterated a Buy rating on the shares. The price target implies an upside of 15.6 percent. Considering a “healthy demand backdrop” and Apple’s “strong” portfolio across its product lines, the Street estimate for 2022 revenue growth of only 5 percent is…


Here’s Why Piper Sandler Sees 34% Upside in This Streaming Giant

Piper Sandler analyst Thomas Champion reiterated an Overweight rating on Netflix Inc. with a $705 price target, implying an upside of 34.1 percent. Champion’s rating comes ahead of the company’s Q4 results on Thursday. The analyst remains constructive on the shares long-term, citing the structural opportunity in streaming video. The stock is down 10 percent in the last month…


Moderna, Novavax, and Other Vaccine Stocks Extending Losses

COVID-19 vaccine stocks are all retreating sharply for a second day running on Friday. The U.S. Supreme Court on Thursday ruled against President Joe Biden’s quest to make it mandatory for large businesses employing over 100 people to have their staff vaccinated and undergo weekly testing. The mandate is a significant encroachment on the lives and…


You Ask, We Analyze: Why Voyager Digital’s Stock May Be Set to Reverse Course Despite Bitcoin, Ethereum Slump

On Thursday evening, Benzinga asked its followers on Twitter what they’re buying at the open on Friday. From the replies Benzinga selected one ticker for technical analysis. @Ehrls15, @VillagePirate, @taidarsonics, @FuturePurfect and @ekfpromo are buying Voyager Digital Ltd. @Rghj21 commented, “you can buy now while it’s undervalued or wait and pay a lot more.” The…