Streetbeat News

Analyst Ratings

CART

BTIG analyst Jake Fuller has initiated coverage on Maplebear with a Neutral rating. The company is listed on NASDAQ under the symbol CART.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 11:47 am

SPLK

Argus Research analyst Joseph Bonner has downgraded Splunk (NASDAQ:SPLK) from Buy to Hold.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 11:46 am

TVTX

HC Wainwright & Co. analyst Ed Arce maintains a 'Buy' rating on Travere Therapeutics (NASDAQ:TVTX) but has lowered the price target from $32 to $18.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 11:44 am

SPLK

Rosenblatt analyst Blair Abernethy has downgraded Splunk (NASDAQ:SPLK) from Buy to Neutral, while raising the price target from $145 to $157.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 11:42 am

MED

MO

WBA

The most accurate Wall Street analysts have recommended holding three high-dividend yield stocks in the consumer staples sector: Altria Group, Walgreens Boots Alliance, and Medifast. Altria Group recently reported a slight miss on Q2 FY23 revenues, Walgreens announced its CEO will step down and expects FY23 adjusted EPS at the low end of its range, while Medifast posted better-than-expected Q2 results.

Portfolio Pulse from Lisa Levin

September 22, 2023 | 11:36 am

ALEC

Cantor Fitzgerald analyst Pete Stavropoulos has initiated coverage on Alector (NASDAQ:ALEC) with an Overweight rating and a price target of $13.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 11:26 am

SLDB

Cantor Fitzgerald analyst Charles Duncan has initiated coverage on Solid Biosciences (NASDAQ:SLDB) with an Overweight rating and a price target of $5.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 11:23 am

CHD

HSBC analyst Alejandro Zamacona has initiated coverage on Church & Dwight Co (NYSE:CHD) with a Hold rating and a price target of $102.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 11:21 am

CLX

HSBC analyst Alejandro Zamacona has initiated coverage on Clorox (NYSE:CLX) with a Hold rating and a price target of $146.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 11:20 am

AMZN

ATVI

BABA

JD

NVDA

PLTR

QQQ

SPY

X

Markets are set to rebound after three days of losses, with optimism seen in Friday's trading. Rising Treasury yields have dampened risk appetite, pushing major indices lower for the third consecutive session. However, Carson Group analyst Ryan Detrick suggests that the market could rebound in October based on historical data. In premarket trading, the SPDR S&P 500 ETF Trust and the Invesco QQQ ETF saw gains. Stocks in focus include Activision Blizzard, United States Steel Corporation, Alibaba Group, JD.com, Palantir Technologies, Amazon, and Nvidia.

Portfolio Pulse from Shanthi Rexaline

September 22, 2023 | 11:19 am