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Analysts are Revising Prices Targets for These 10 Stocks

In this article, we will take a look at the 10 stocks that recently received revised price targets from analysts. If you want to see some other companies on the list, go directly to Analysts are Revising Prices Targets for These 5 Stocks.

U.S. stocks inched lower on Thursday morning as the 10-year Treasury yield hit a record high. The surge in Treasury yields also overshadowed the better-than-expected earnings reports of companies like Lam Research Corporation (NASDAQ:LRCX) and Netflix, Inc. (NASDAQ:NFLX). In addition, Tesla, Inc. (NASDAQ:TSLA) and International Business Machines Corporation (NYSE:IBM) were also among the notable stocks that came into the limelight after their recent earnings.

Meanwhile, analysts continue to react to the latest financial performances of these companies. They revised their price targets for Netflix, Inc. (NASDAQ:NFLX), Lam Research Corporation (NASDAQ:LRCX) and Tesla, Inc. (NASDAQ:TSLA). Check out the complete article to see some more stocks with updated price targets from analysts.

Photo by Chris Liverani on Unsplash

10. Palantir Technologies Inc. (NYSE:PLTR)

Number of Hedge Fund Holders: 26

Morgan Stanley slashed its price target for Palantir Technologies Inc. (NYSE:PLTR) from $11 per share to $10 per share on Thursday, October 20, as the research firm expects the weaker environment to persist through the next year.

Meanwhile, Palantir Technologies Inc. (NYSE:PLTR) recently secured a multi-year deal with car rental company Hertz. The partnership will allow Hertz to improve its operational efficiencies using Palantir’s data-driven insights.

Earlier this week, Palantir Technologies Inc. (NYSE:PLTR) also announced its Q3 earnings release date. It plans to report its financial results for the third quarter on November 7.

9. The Travelers Companies, Inc. (NYSE:TRV)

Number of Hedge Fund Holders: 31

RBC Capital lifted its price target for The Travelers Companies, Inc. (NYSE:TRV) from $165 per share to $180 per share on Thursday, October 20. The research firm referred to the company’s lower-than-expected catastrophe losses in Q3.

The Travelers Companies, Inc. (NYSE:TRV) released its financial results for the third quarter on Wednesday, October 19. The insurance company reported core earnings of $2.20 per share, down from $2.60 per share in the year-ago period but well above the consensus of $1.56 per share.

Speaking on the results, CEO of The Travelers Companies, Inc. (NYSE:TRV), Alan Schnitzer, said in a statement:

“Even in the face of challenging weather, we generated meaningful profit with core income for the quarter of $526 million, or $2.20 per diluted share, and core return on equity of 7.9%. These results benefited from record net earned premiums of $8.6 billion, up 10% compared to the prior year period.”

8. Hewlett Packard Enterprise Company (NYSE:HPE)

Number of Hedge Fund Holders: 37

Citi analyst Jim Suva trimmed his price target for Hewlett Packard Enterprise Company (NYSE:HPE) from $13.50 per share to $11.50 per share on Thursday, October 20. Suva was primarily moved by the company’s earnings and cash flow outlook for fiscal 2023.

The price-target cut came a day after Hewlett Packard Enterprise Company (NYSE:HPE) issued its profit guidance for its fiscal 2023. The software and computer services provider expects adjusted earnings in the range of $1.96 – $2.04 for the year, below analysts’ average estimate of $2.10 per share.

Moreover, Hewlett Packard Enterprise Company (NYSE:HPE) projected revenue growth of 2 – 4 percent and free cash flow between $1.9 – $2.1 billion for the same period.

Besides Hewlett Packard Enterprise Company (NYSE:HPE), analysts also changed their price targets for Netflix, Inc. (NASDAQ:NFLX), Lam Research Corporation (NASDAQ:LRCX) and Tesla, Inc. (NASDAQ:TSLA).

7. International Business Machines Corporation (NYSE:IBM)

Number of Hedge Fund Holders: 40

BofA lowered its price target for International Business Machines Corporation (NYSE:IBM) from $155 per share to $145 per share on Tuesday, October 18. Analyst Wamsi Mohan believes foreign exchange headwinds will continue to affect the company’s sales. Nevertheless, Mohan kept a “Buy” rating for International Business Machines Corporation (NYSE:IBM).

Meanwhile, International Business Machines Corporation (NYSE:IBM) released its third-quarter results on Wednesday, October 19. The company reported adjusted earnings of $1.81 per share on revenue of $14.11 billion. Analysts were calling for earnings of $1.77 per share and revenue of $13.51 billion.

Speaking on the results, International Business Machines Corporation (NYSE:IBM) said foreign-exchange rates would reduce its full-year sales by 7 percent. On the bright side, IBM reaffirmed its free cash flow guidance of about $10 billion for the year.

6. Lockheed Martin Corporation (NYSE:LMT)

Number of Hedge Fund Holders: 55

RBC Capital increased its price target for Lockheed Martin Corporation (NYSE:LMT) from $420 per share to $455 per share on Wednesday, October 19. The research firm was mainly moved by the company’s recent earnings.

Earlier this week, Lockheed Martin Corporation (NYSE:LMT) posted better-than-expected profit for the third quarter. The aerospace and defense company earned $6.87 per share on an adjusted basis, up from $6.60 per share in the corresponding period of 2021. Analysts were looking for earnings of $6.72 per share.

Meanwhile, Lockheed Martin Corporation (NYSE:LMT) also reaffirmed its financial outlook for the full year. It continues to expect earnings of $21.55 per share on revenue of about $65.3 billion.

Among other updates, Lockheed Martin Corporation (NYSE:LMT) said it intends to repurchase $4 billion worth of its common stock during the fourth quarter.

Click to continue reading and see Analysts are Revising Prices Targets for These 5 Stocks.

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Disclosure: None. Analysts are Revising Prices Targets for These 10 Stocks is originally published on Insider Monkey.

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

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This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

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A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…