The Latest Breaking News from Deutsche Bank

Deutsche Bank has decided to maintain its Buy rating of Teck Resources (NYSE:TECK) and lower its price target from $52.00 to $48.00. Shares of Teck Resources are trading down 4.73% over the last 24 hours, at $31.65 per share.

Wedbush analyst Nick Setyan lowered the price target on Darden Restaurants Inc (NYSE:DRI) to $122 (3% upside) from $140 and kept a Neutral rating on the shares. The analyst noted that FY23 guidance is predicated on normalization in inflation trends in the second half and has lowered his FY23 EPS estimate to $7.60 from $8.41…

A whale with a lot of money to spend has taken a noticeably bearish stance on Dollar Tree. Looking at options history for Dollar Tree (NASDAQ:DLTR) we detected 13 strange trades.

Upgrades

Piper Sandler reduced Braze, Inc. (NASDAQ: BRZE) price target from $65 to $42. Tesla shares rose 5.8% to $31.10 in pre-market trading.

Someone with a lot of money to spend has taken a bearish stance on Palo Alto Networks (NASDAQ:PANW). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Upgrades

Benzinga’s “Daily Brief On Trending Tickers” highlights top-searched tickers from around the web and uses the Benzinga Pro platform to highlight recent news items possibly impacting those stocks.

Analyst opinions remained mixed about C3.ai, Inc (NYSE:AI) following its dismal FY23 guidance despite a Q4 beat. Piper Sandler analyst Arvind Ramnani downgraded C3.ai from Overweight to Neutral and slashed the price target from $28 to $15. The re-rating reflected lackluster guidance triggered by enterprise spending softness, slower customer growth, and a dismal demand.  Ramnani noted the…