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Analyst Ratings

BABA

QQQ

SPY

TSLA

Stocks are set for a lower opening on Tuesday due to concerns about potential future rate hikes hinted by Minneapolis Federal Reserve President Neel Kashkari and weakness in global markets. Despite this, fund manager Louis Navellier expects a bullish end to the year, with the earnings environment improving and inflation excluding energy continuing to ebb. In premarket trading, the SPDR S&P 500 ETF Trust (NYSE:SPY) and the Invesco QQQ ETF (NASDAQ:QQQ) fell. Tesla, Inc. (NASDAQ:TSLA) also fell in premarket trading due to weak China weekly insurance registration data. Alibaba Group Holding Ltd. (NYSE:BABA) announced plans to spin off its Cainiao logistics unit in a Hong Kong IPO.

Portfolio Pulse from Shanthi Rexaline

September 26, 2023 | 11:23 am

VC

B of A Securities analyst John Babcock has reinstated Visteon (NASDAQ:VC) with a Buy rating and announced a price target of $180.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 11:09 am

FSR

B of A Securities analyst John Murphy has reinstated Fisker (NYSE:FSR) with a Buy rating and announced a price target of $8.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 11:06 am

HPP

BTIG analyst Thomas Catherwood has upgraded Hudson Pacific Properties (NYSE:HPP) from Neutral to Buy and set a price target of $11.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 11:02 am

EW

Oppenheimer analyst Suraj Kalia has upgraded Edwards Lifesciences (NYSE:EW) from Perform to Outperform and set a price target of $90.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 11:01 am

RDFN

Gordon Haskett analyst Robert Mollins has upgraded Redfin (NASDAQ:RDFN) from Underperform to Hold.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 11:00 am

OPEN

Gordon Haskett analyst Robert Mollins has upgraded Opendoor Technologies (NASDAQ:OPEN) from Underperform to Hold.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 10:59 am

FERG

Ferguson (NYSE:FERG) reported Q4 earnings of $2.77 per share, beating the analyst consensus estimate of $2.46 by 12.6%. However, this is a 2.81% decrease from the same period last year. The company also reported quarterly sales of $7.84 billion, beating the analyst consensus estimate of $7.60 billion by 3.13%, but this is a 1.67% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 10:47 am

CSL

Jefferies analyst Saree Boroditsky has downgraded Carlisle Companies (NYSE:CSL) from Buy to Hold and lowered the price target from $325 to $290.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 10:37 am

ATRA

HC Wainwright & Co. has reiterated its 'Buy' rating on Atara Biotherapeutics (NASDAQ:ATRA) and maintained its price target of $28.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 10:35 am