Streetbeat News

Analyst Ratings

FIVN

Rosenblatt analyst Catharine Trebnick has reiterated a 'Buy' rating on Five9 (NASDAQ:FIVN) and maintained a price target of $105.

Portfolio Pulse from Benzinga Newsdesk

September 15, 2023 | 11:39 am

CENX

CLF

IPI

Wall Street analysts have updated their stock picks for materials companies. Cleveland-Cliffs Inc. (CLF) received an Overweight rating from Morgan Stanley and an Outperform rating from Credit Suisse. Century Aluminum Company (CENX) was given a Neutral rating by B. Riley Securities and an Underperform rating by Wolfe Research. Intrepid Potash, Inc. (IPI) was rated Market Perform by BMO Capital and Sell by UBS.

Portfolio Pulse from Lisa Levin

September 15, 2023 | 11:37 am

U

Bank of America Securities has upgraded Unity Software from Neutral to Buy and raised its price target from $46 to $56. This has resulted in Unity Software's shares trading higher.

Portfolio Pulse from Benzinga Newsdesk

September 15, 2023 | 11:33 am

ADBE

F

GM

US stocks are expected to open mixed on Friday due to the upcoming Fed meeting and the United Auto Workers union's strike against Detroit's big three. Economic data due for the day could also create market volatility. Thursday saw strong performance from major averages, with the Dow Industrials ending at a one-month high and the S&P 500 Index breaking the 4,500 resistance. Analysts expect the Fed to pause at the September meeting but predict more rate hikes in the future. Adobe, Ford, and General Motors saw premarket falls due to quarterly results and the UAW strike respectively.

Portfolio Pulse from Shanthi Rexaline

September 15, 2023 | 11:33 am

DXCM

Raymond James analyst Jayson Bedford maintains a Strong Buy rating on DexCom (NASDAQ:DXCM) but lowers the price target from $154 to $131.

Portfolio Pulse from Benzinga Newsdesk

September 15, 2023 | 11:24 am

ADBE

U

VNO

Several analyst forecasts were released on Friday, with price target changes for Unity Software, Vornado Realty Trust, STAAR Surgical Company, BioLineRx, Adobe, KeyCorp, Apellis Pharmaceuticals, Estée Lauder Companies, Lindsay Corporation, New Relic, and MorphoSys. Most of the stocks were upgraded, with the exception of Vornado Realty Trust, Lindsay Corporation, and New Relic which were downgraded.

Portfolio Pulse from Lisa Levin

September 15, 2023 | 11:17 am

ACLS

B of A Securities analyst Duksan Jang has initiated coverage on Axcelis Technologies (NASDAQ:ACLS) with a Buy rating and a price target of $225.

Portfolio Pulse from Benzinga Newsdesk

September 15, 2023 | 11:01 am

DASH

MoffettNathanson analyst Michael Morton has downgraded DoorDash (NYSE:DASH) from Outperform to Market Perform.

Portfolio Pulse from Benzinga Newsdesk

September 15, 2023 | 10:57 am

GLW

JNPR

NOK

Benzinga has highlighted three high-yielding tech stocks recommended by Wall Street's most accurate analysts. These include Juniper Networks, Inc. (JNPR) with a dividend yield of 3.11%, Nokia Oyj (NOK) with a yield of 3.37%, and Corning Incorporated (GLW) with a yield of 3.56%. Recent news for these companies include Juniper's partnership with Savant Systems, Nokia's weaker-than-expected Q2 results, and Corning's downbeat Q2 earnings.

Portfolio Pulse from Lisa Levin

September 15, 2023 | 10:56 am

SHAK

Northcoast Research analyst Jim Sanderson has upgraded Shake Shack (NYSE:SHAK) from Neutral to Buy and announced a price target of $85.

Portfolio Pulse from Benzinga Newsdesk

September 15, 2023 | 10:41 am