Streetbeat News

Analyst Ratings

MS

SPY

Morgan Stanley's Michael Wilson reports that investors are predicting a challenging year for risk assets in 2024, despite a strong stock rally in 2023. This is due to a growing debate among clients about whether a recession has been avoided or merely delayed. Wilson maintains his bearish view on equities in 2023, despite a 16% advance for the S&P 500.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 12:50 pm

PTCT

Goldman Sachs analyst Paul Choi maintains a 'Sell' rating on PTC Therapeutics (NASDAQ:PTCT) and has lowered the price target from $35 to $22.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 12:49 pm

PGR

Piper Sandler analyst Paul Newsome maintains a Neutral rating on Progressive (NYSE:PGR) and raises the price target from $132 to $133.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 12:48 pm

CHPT

Goldman Sachs analyst Mark Delaney has maintained a Neutral rating on ChargePoint Holdings (NYSE:CHPT) and lowered the price target from $10 to $7.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 12:48 pm

AVT

DFS

JOBY

MA

SE

SLB

VZ

Jim Cramer, on CNBC’s 'Mad Money Lightning Round', gave his opinions on several stocks. He praised Schlumberger Limited (SLB) and Avnet, Inc. (AVT), recommended Mastercard Incorporated (MA) over Discover Financial Services (DFS), and advised against investing in Sea Limited (SE), Verizon Communications Inc. (VZ), and Joby Aviation, Inc. (JOBY).

Portfolio Pulse from Lisa Levin

September 18, 2023 | 12:46 pm

GIS

Piper Sandler analyst Michael Lavery maintains an Overweight rating on General Mills (NYSE:GIS) but lowers the price target from $88 to $77.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 12:45 pm

FLT

ORCL

STX

UPS

On CNBC's 'Halftime Report Final Trades', analysts recommended United Parcel Service (UPS), Oracle Corporation (ORCL), Seagate Technology Holdings (STX), and FLEETCOR Technologies (FLT). UPS was highlighted for its 4% dividend and 16 multiple, with a 13% annual dividend increase over the past five years. Oracle was recommended as an entry point after recent earnings. Seagate was picked for its 4.5% dividend yield and recent decision to issue $1.3 billion in exchangeable senior unsecured notes. FLEETCOR was noted for reaching a 52-week high and its brand Corpay's new partnership with Aston Villa Football Club.

Portfolio Pulse from Lisa Levin

September 18, 2023 | 12:45 pm

C

VGK

Citi analysts predict that the upcoming rate hike by the Bank of England (BOE) will likely be the last in the current cycle, and they no longer anticipate a rate change in November.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 12:39 pm

DG

DLTR

SJM

WBA

WTER

The article lists five consumer staples stocks that are currently oversold, according to their Relative Strength Index (RSI), and could present buying opportunities. The stocks are Dollar General Corporation (DG), Dollar Tree, Inc. (DLTR), The J. M. Smucker Company (SJM), Walgreens Boots Alliance, Inc. (WBA), and The Alkaline Water Company Inc. (WTER).

Portfolio Pulse from Lisa Levin

September 18, 2023 | 12:37 pm

PTCT

RBC Capital analyst Brian Abrahams has maintained a 'Sector Perform' rating on PTC Therapeutics (NASDAQ:PTCT), but lowered the price target from $49 to $26.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 12:24 pm