Streetbeat News

Analyst Ratings

PRU

Jefferies analyst Suneet Kamath has upgraded Prudential Financial (NYSE:PRU) from Underperform to Hold and raised the price target from $70 to $93.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 8:07 am

MET

Jefferies analyst Suneet Kamath has upgraded MetLife (NYSE:MET) from Hold to Buy and raised the price target from $58 to $72.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 8:05 am

CECO

Needham analyst James Ricchiuti maintains a Buy rating on CECO Environmental (NASDAQ:CECO) and raises the price target from $17 to $18.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 8:03 am

ADBE

CBRL

CPRT

LEN

The CNN Money Fear and Greed index showed a decline in investor sentiment following higher-than-expected inflation data for August. Cracker Barrel Old Country Store Inc reported Q4 FY23 revenue growth of 0.8% YoY, missing analyst consensus. Investors are awaiting earnings results from Lennar Corporation, Adobe Inc., and Copart, Inc.

Portfolio Pulse from Lisa Levin

September 14, 2023 | 7:28 am

LEN

Lennar Corporation (NYSE:LEN) is expected to report lower Q3 earnings at $3.51 per share, down from $5.03 per share a year ago. The company's revenue is also expected to decrease to $8.45 billion from $9.01 billion. Lennar shares fell 0.5% to close at $115.97 on Wednesday. Several analysts have recently adjusted their price targets for the company, with the most recent changes ranging from $105 to $161.

Portfolio Pulse from Lisa Levin

September 14, 2023 | 7:16 am

BTCUSD

DOGEUSD

ETHUSD

Major cryptocurrencies showed mixed performance following the release of the U.S. government’s Consumer Price Index (CPI) report for August, which revealed slightly higher than anticipated data. Bitcoin and Ethereum saw gains, while Dogecoin experienced a slight loss. The report revealed that inflation surged to 3.7% on a year-over-year basis, surpassing economist predictions of 3.6%. Crypto analyst Michael Van de Poppe stated that the current market decline is not significant and should not have much impact. Another analyst, Miles, predicted that Bitcoin has the potential to reach $60,000.

Portfolio Pulse from Mehab Qureshi

September 14, 2023 | 3:00 am

BWA

Analysts have provided various ratings for BorgWarner (NYSE:BWA) within the last quarter, with 2 being bullish, 6 somewhat bullish, and 2 indifferent. The average price target is $52.1, representing an upside from the current price of $40.41. This average is a 3.52% decrease from the previous average price target of $54.00.

Portfolio Pulse from Benzinga Insights

September 13, 2023 | 9:00 pm

SSTK

Shutterstock (NYSE:SSTK) has received 7 bullish and 1 indifferent analyst ratings in the last quarter. The average 12-month price target for the stock is $86.12, a 2.88% decrease from the previous average of $88.67.

Portfolio Pulse from Benzinga Insights

September 13, 2023 | 9:00 pm

HSY

Analysts have provided various ratings for Hershey (NYSE:HSY) within the last quarter, with 1 bullish, 2 somewhat bullish, and 3 indifferent. The average 12-month price target for Hershey is $256.5, a decrease of 5.96% from the previous average price target of $272.75.

Portfolio Pulse from Benzinga Insights

September 13, 2023 | 9:00 pm

VEEV

Over the past 3 months, 18 analysts have published their opinion on Veeva Systems (NYSE:VEEV) stock. The average price target is $224.06, implying an upside from the current price of $215.29. The current average has increased by 8.36% from the previous average price target of $206.77.

Portfolio Pulse from Benzinga Insights

September 13, 2023 | 9:00 pm