Streetbeat News

Analyst Ratings

PYPL

MoffettNathanson analyst Lisa Ellis has downgraded PayPal Holdings (NASDAQ:PYPL) from Outperform to Market Perform and set a price target of $75.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 11:34 am

OCFC

DA Davidson analyst Manuel Navas has downgraded OceanFirst Financial (NASDAQ:OCFC) from Buy to Neutral and lowered the price target from $21 to $17.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 11:33 am

GPN

Redburn Atlantic analyst Kunaal Malde has downgraded Global Payments (NYSE:GPN) from Neutral to Sell and set a price target of $105.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 11:30 am

RKLB

SpaceX CEO Elon Musk mocked Rocket Lab USA Inc's CEO Peter Beck for his comments on rocket reusability. Rocket Lab recently launched a mission with a pre-flown 3D-printed Rutherford engine. Musk has previously emphasized the importance of reusability in rocket manufacturing, warning that companies not adopting this approach risk becoming obsolete.

Portfolio Pulse from Anan Ashraf

September 18, 2023 | 11:29 am

SU

Desjardins analyst Chris MacCulloch has downgraded Suncor Energy from Buy to Hold and set a price target of C$49.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 11:28 am

JKHY

Northcoast Research analyst Kartik Mehta has upgraded Jack Henry & Associates (NASDAQ:JKHY) from Neutral to Buy and set a price target of $185.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 11:25 am

CVNA

Wedbush analyst Seth Basham has upgraded Carvana (NYSE:CVNA) from Underperform to Neutral and raised the price target from $40 to $48.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 11:24 am

RL

Guggenheim analyst Robert Drbul has upgraded Ralph Lauren (NYSE:RL) from Neutral to Buy and announced a price target of $166.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 11:23 am

AAPL

ARM

PTCT

QQQ

SFIX

SPY

US stock futures are cautiously optimistic ahead of the Federal Reserve's interest rate decision due on Wednesday. The market is also watching the bond yields, oil prices, and analysts' take on the Fed decision. Stocks closed little changed in the week ended Sept. 15, reacting to various catalysts including inflation data, oil prices, Arm Holdings' IPO, Apple's iPhone launch, and a strike threat by the United Auto Worker’s union. Analyst Quincy Krosby of LPL Financial emphasized the importance of how the Fed presents its expected pause. In premarket trading, the SPDR S&P 500 ETF Trust and the Invesco QQQ ETF rose slightly.

Portfolio Pulse from Shanthi Rexaline

September 18, 2023 | 11:17 am

BCRX

RBC Capital analyst Brian Abrahams has upgraded BioCryst Pharma (NASDAQ:BCRX) from Sector Perform to Outperform and raised the price target from $9 to $10.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 11:16 am